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    11023 Sherman Way Sun Valley, CA 91352

    For Sale
    $2,549,000

    LAC2 building and vacant lot in prime location.

    Lot size:
    0.13 Acres

    Property Features for 11023 Sherman Way

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1955

    Source: OKAS Realty Group Agent Ruben Oganesyan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Hollywood/Sun Valley Opportunity

    The property features a 3,010-square-foot building situated on a 5,499-square-foot lot. The zoning is LAC2. Additionally, the sale includes an adjoining 8,475-square-foot vacant lot zoned LAR3. The location is on Sherman Way, west of Vineland, offering 50 feet of street frontage. The property is located in a walkable neighborhood with an average daily traffic count exceeding 25,000. The property is in a central location with convenient access to North Hollywood, Burbank, Van Nuys, Glendale, and Downtown Los Angeles, as well as easy access to the Hollywood Freeway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sun Valley
    County
    Los Angeles
    State
    California
    Longitude
    -118.5188334
    Latitude
    34.2014087

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    FAQs

    What type of property is this?
    Industrial property - LAC2 building and vacant lot in prime location.
    Where is this industrial property located?
    The property is located at 11023 Sherman Way Sun Valley, CA.
    What is the asking price?
    The asking price for this property is $2,549,000.
    What are key features of this property?
    This property features: - Highly visible location on Sherman Way with 50 feet of street frontage.; - Includes adjoining 8,475 SF vacant lot zoned LAR3 (APN 2315-028-025).; - Prime North Hollywood/Sun Valley location.
    (818) 968-2562
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    11023 Sherman Way Sun Valley, CA 91352
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    Sun Valley, CA 91352
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11023 Sherman Way Sun Valley, CA 91352
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