Auto Shop with Spray
11027-11031 Sherman Way, Sun Valley, CA 91352
For Sale
Contact for pricing
Configured for repair and collision work, with permitted spray booths and on-site vehicle storage.
Property Size9,600 SF
Lot Size0.64 Acres
Price / SF$465
Days on Market27
Property Features for 11027-11031 Sherman Way
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Traffic Count
Highway Access
Road Access
Automotive
Service Bays
Automotive Uses
Additional Details
Real Estate Included
Amenities
kitchenette
private restroom
spray booth
Building Details
Buildings
Listing Agency:
IKON Properties
Listed By:
Blas Fernandez · License #CA 02012036
(818) 319-9191
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IKON Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two buildings totaling approximately 9,600 SF occupy a 27,956 SF (0.64-acre) site zoned C2-1VL. The automotive operation includes 11 service bays and 2 permitted spray booths. Power is 240 amps in the repair building and 120 amps in the body shop building. An interior office includes a kitchenette and private restroom. Thirty-eight tandem parking stalls accommodate storage for about 50 vehicles.
The property fronts Sherman Way between Laurel Canyon Boulevard and Vineland Avenue, along a corridor carrying about 36,200 cars per day. The surrounding area has established automotive, light industrial, and service businesses. SR-170 is 0.5 miles away, I-5 is 3.2 miles away, and Hollywood Burbank Airport is 1.5 miles away.
The property fronts Sherman Way between Laurel Canyon Boulevard and Vineland Avenue, along a corridor carrying about 36,200 cars per day. The surrounding area has established automotive, light industrial, and service businesses. SR-170 is 0.5 miles away, I-5 is 3.2 miles away, and Hollywood Burbank Airport is 1.5 miles away.
Key Highlights
- Two automotive buildings total approximately 9,600 SF on a 27,956 SF (0.64‑acre) lot
- 11 auto bays and 2 permitted spray booths
- Repair building has 240‑amp power; body shop building has 120‑amp power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,789
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,455,780
$4.5M
Cap Rate 7%
$3,182,700
$3.2M
Cap Rate 9%
$2,475,433
$2.5M
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$354.8K $36.96/SF
− Vacancy
−$36.5K −$3.81/SF
EGI
$318.3K $33.15/SF
− OpEx
−$95.5K −$9.95/SF
NOI
$222.8K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,455,780
Cap Rate 7%
$3,182,700
Cap Rate 9%
$2,475,433
Alternative Uses
Best Use
Retail
$3.18M
$2.78M – $3.71M
NOI $222,789 @ 7.0% cap · market cap 4.99%
Second Best
Industrial
$1.70M
$1.49M – $1.99M
NOI $119,257 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,568 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
11
Service bays
36,200 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 34%
Home Improvements & Furnishings 10%
Wendy's
Dining
12,225 visits/mo
0.0 miles
76
Shops & Services
8,638 visits/mo
0.1 miles
Pizza Hut
Dining
3,889 visits/mo
0.5 miles
Visiting Angels
Home Improvements & Furnishings
2,968 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
1,089 visits/mo
0.5 miles
Demographics for 91352, CA
47,274
Population
13,119
Households
3.6
Avg Household Size
37
Median Age
18%
College-Educated
67%
High-School Grad
11.6 sq mi
ZIP Area
4,075
Density / Sq Mi
$74,621
Median Household Income
$35,570
Median Earnings
$1,761
Median Rent
$700,100
Median Home Value
Market
Average Price Trend$/SF for Auto shops in Los Angeles County, CA
Properties on Market for Auto shops in Los Angeles County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- a step above auto repair — 6906 Hesperia Ave, Reseda, CA 91335
- 24-7 Towing Services — 6960 jamieson ave, reseda, ca 91335
- bela reseda 911 rescue LLC — 17964 Sherman Way apt 309, Reseda, CA 91335
- JD Recovery & Towing — 17735 sherman way #32, reseda, ca 91335
- Leon's Auto Body & Paint — 17730 Sherman Way, Reseda, CA 91335
Frequently Asked Questions
What type of property is this?
Auto shop - Configured for repair and collision work, with permitted spray booths and on-site vehicle storage.
Where is this auto shop located?
The property is located at 11027-11031 Sherman Way Sun Valley, CA.
What is the asking price?
The asking price for this property is $4,464,000.
What are key features of this property?
This property features: Two automotive buildings total approximately 9,600 SF on a 27,956 SF (0.64‑acre) lot; 11 auto bays and 2 permitted spray booths; Repair building has 240‑amp power; body shop building has 120‑amp power
