Retail Storefront for
For Sale
$2,350,000
18314 Sherman Way, Los Angeles, CA 91335
Retail storefront property offered for sale at 18314 Sherman Way in Los Angeles.
Property Size5,250 SF
Days on Market97
Property Features for 18314 Sherman Way
General Information
Standard status
Active
Size
5,250 SF
Property subtype
Retail
Building Details
Building Size
5,250 SF
Year Built
1954
Listing Agency:
NAI Capital HQ
Listed By:
Rose O'Sullivan · License #CalDRE #01904175
(805) 338-9232
Source:
Www2.naicapital
Added: Jun 1
Changed: Sep 4
Last Checked: Aug 24 at 3:40AM
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 NAI Capital HQ
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale and includes retail space suitable for a single retail tenant or adaptable retail use. The listing is categorized as a storefront within the broader retail property and commercial real estate space types.
The property is located at 18314 Sherman Way, Los Angeles, CA 91335. Interested parties should review the offering details and coordinate directly for access and next steps.
The property is located at 18314 Sherman Way, Los Angeles, CA 91335. Interested parties should review the offering details and coordinate directly for access and next steps.
Key Highlights
- Retail storefront property offered for sale at 18314 Sherman Way in Los Angeles
- Built in 1954
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$121,838
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,436,760
$2.4M
Cap Rate 7%
$1,740,543
$1.7M
Cap Rate 9%
$1,353,756
$1.4M
Market Conditions
NOI Build-Up for 5,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$194.0K $36.96/SF
− Vacancy
−$20.0K −$3.81/SF
EGI
$174.1K $33.15/SF
− OpEx
−$52.2K −$9.95/SF
NOI
$121.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,436,760
Cap Rate 7%
$1,740,543
Cap Rate 9%
$1,353,756
Alternative Uses
Best Use
Retail
$1.74M
$1.52M – $2.03M
NOI $121,838 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$106.36M
$93.07M – $124.09M
NOI $7,445,329 @ 7.0% cap · market cap 316.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,611
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 36%
Apparel 17%
Electronics 4%
LUV Car Wash
Shops & Services
18,741 visits/mo
0.4 miles
Wells Fargo
Shops & Services
15,529 visits/mo
0.2 miles
Las Fuentes
Dining
15,480 visits/mo
0.5 miles
WSS
Apparel
11,073 visits/mo
0.1 miles
A&W Restaurant
Dining
10,614 visits/mo
0.3 miles
Demographics for 91335, CA
76,650
Population
25,615
Households
3
Avg Household Size
39
Median Age
30%
College-Educated
78%
High-School Grad
6.6 sq mi
ZIP Area
11,614
Density / Sq Mi
$77,164
Median Household Income
$37,470
Median Earnings
$1,811
Median Rent
$700,400
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront property offered for sale at 18314 Sherman Way in Los Angeles.
Where is this storefront property located?
The property is located at 18314 Sherman Way Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Retail storefront property offered for sale at 18314 Sherman Way in Los Angeles; Built in 1954
