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3-Unit Retail Property with Cell Tower
For Sale
$2,050,000

19740 Sherman Way, Winnetka, CA 91306

Commercial Sale, Winnetka, CA

Property SizeContact for details
Lot Size0.36 Acres
Days on Market397

Property Features for 19740 Sherman Way

General Information

Property type Residential
Property subtype Retail
Directions West of Corbin
Subdivision WIN - Winnetka
Standard status Active
APN 2135016008
Lot size 0.36 Acres

Taxes and HOA fees

Tax Annual Amount 24937

Building Details

Year built 1956
Listing Agency: Keller Williams R. E. Services · Keller Williams Realty
Listed By: Vartan Ambarian · License #00983815
Added: Aug 1, 2025 Changed: Aug 27 Last Checked: Sep 1 at 12:06PM
MLS# GD25172703

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property includes three functional commercial units, providing a multi-suite configuration for office, retail, or service-oriented businesses. An existing cell tower lease contributes ongoing revenue to the property. The asset was built in 1956 and includes on-site parking.

The sale combines two parcels totaling 15,780 square feet at 19740 Sherman Way in Winnetka, California. The property is positioned along a high-traffic corridor with access to major roads and public transportation. Parcel identifiers are APN 2135-016-008 and APN 2135-016-017.

Key Highlights

  • Three functional commercial units
  • Existing cell tower lease generates ongoing revenue
  • Two parcels totaling 15,780 sq ft

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Food Market Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby

Demographics for 91306, CA

46,669
Population
15,176
Households
3.1
Avg Household Size
39
Median Age
31%
College-Educated
79%
High-School Grad
4.2 sq mi
ZIP Area
11,112
Density / Sq Mi
$88,958
Median Household Income
$39,524
Median Earnings
$1,909
Median Rent
$719,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three commercial units are accompanied by an existing cell tower lease that produces ongoing revenue.
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 $2,050,000.
What are key features of this property?
This property features: Three functional commercial units; Existing cell tower lease generates ongoing revenue; Two parcels totaling 15,780 sq ft
More about this property
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