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    19740 Sherman Way Winnetka, CA 91306

    For Sale
    $2,100,000

    Three commercial units with cell tower income in Winnetka.

    Lot size:
    0.36 Acres

    Property Features for 19740 Sherman Way

    General Information

    Lot size
    0.36 Acres

    Building Details

    Year built
    1956

    Source: Keller Williams R. E. Services Agent Vartan Ambarian

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

    Overview

    Winnetka Commercial Property with Cell Tower

    This commercial property in Winnetka features three commercial units suitable for office, retail, or service-oriented businesses. The property includes a cell tower lease that generates passive revenue. The combined lot size of the two parcels is 15,780 square feet. The property offers on-site parking and potential for expansion. It is conveniently situated with easy access to major roads and public transportation in a high-traffic Winnetka corridor. This is an income-producing property with upside potential, whether for long-term hold or future redevelopment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winnetka
    County
    Los Angeles
    State
    California
    Longitude
    -118.564218
    Latitude
    34.200707

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    FAQs

    What type of property is this?
    Retail space - Three commercial units with cell tower income in Winnetka.
    Where is this retail space located?
    The property is located at 19740 Sherman Way Winnetka, CA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Cell Tower Income: Generates passive revenue, enhancing long-term value and ROI.; - Three Commercial Units: Versatile spaces suitable for office, retail, or service-oriented businesses.; - Prime Location: Conveniently situated in a high-traffic Winnetka corridor with easy access to major roads and public transportation.
    (818) 432-3200
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    19740 Sherman Way Winnetka, CA 91306
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    Winnetka, CA 91306
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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
    19740 Sherman Way Winnetka, CA 91306
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