Reseda Commercial Property on Sherman

18515 Sherman Way, Reseda, CA 91335

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For Sale

$1,600,000

Versatile commercial property on a bustling main street with high visibility.

Type:Commercial/Industrial

Property size:

4,710 SF

Lot size:

0.17 Acres

Price / SF:

$339/SF

HighLights

Prime location on Sherman Way with high visibility and foot traffic.
4710 Sqft of usable space suitable for retail, office, market, or restaurant.
Versatile property with two distinct sections for diverse usage options.
Convenient street‑level access for customers.
Dedicated parking space in the rear of the property.
Built in 1928.

We can help!

Contact an agent

Bridgette Harabedian

For Sale

$1,600,000

Versatile commercial property on a bustling main street with high visibility.

Type:Commercial/Industrial

Property size:

4,710 SF

Lot size:

0.17 Acres

Price / SF:

$339/SF

Added:: Mar 12, 2026
Days on Market:: 112
Last Refresh:: Apr 6 at 3:57 am

Property Features for 18515 Sherman Way

General Information

Standard status: Active
Size: 4,710 SF
Lot size: 0.17 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1928

We can help!

Contact an agent

Bridgette Harabedian

Listing office Re-Search Concept

Listing date Mar 12, 2026

Source Exitrealty

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 Re-Search Concept

HighLights

Prime location on Sherman Way with high visibility and foot traffic.
4710 Sqft of usable space suitable for retail, office, market, or restaurant.
Versatile property with two distinct sections for diverse usage options.
Convenient street‑level access for customers.
Dedicated parking space in the rear of the property.
Built in 1928.

Overview

Located on Sherman Way in Reseda, this commercial property offers 4710 square feet of usable space suitable for various business ventures. Situated on a main street with significant foot traffic, the property benefits from high visibility. The property's layout includes two distinct sections, providing flexibility for diverse usage options. Street-level access enhances convenience for customers. Dedicated parking space is available at the rear of the property for both customers and employees. The property is suitable for retail, medical or dental offices, markets, or restaurants.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$174.1k	$36.96
− Vacancy	−$4.0k	−$0.85
EGI	$170.1k	$36.11
− OpEx	−$42.5k	−$9.03
NOI	$127.6k	$27.08

4,710 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.82M

$1.59M – $2.13M (±1% cap)

NOI $127,558 @ 7.0% cap · market cap 7.97%

Second Best

Office B

$1.60M

$1.40M – $1.86M (±1% cap)

NOI $111,798 @ 7.0% cap · market cap 6.99%

Theoretical Best

Multifamily LT 5

$95.42M

$83.49M – $111.33M (±1% cap)

NOI $6,679,524 @ 7.0% cap · market cap 417.47%

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

Property Profile Location Intelligence

Current Use by Public Records

One More Time ... Discount Store JCDA PENTECOSTAL CHURCH Church Funnel Mill Cafe & Coffee Shop

Suggested Use

Location Insight

Map
Local Demand

City: Reseda
County: Los Angeles
State: California
Longitude: -118.537
Latitude: 34.2013

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For sale
Retail space
CA
Reseda
91335
18515 Sherman Way

What type of property is this?

Retail space - Versatile commercial property on a bustling main street with high visibility.

Where is this retail space located?

The property is located at 18515 Sherman Way Reseda, CA.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: Prime location on Sherman Way with high visibility and foot traffic.; **4710 Sqft of usable space suitable for retail, office, market, or restaurant.**; Versatile property with two distinct sections for diverse usage options.