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    18247 Sherman Way Los Angeles, CA 91335

    Sponsored
    For Lease
    Contact for pricing

    Prime Reseda location, 22,400 sq ft retail space.

    Lot size:
    22,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-tenant retail building, located at 18247 Sherman Way, Reseda, CA 91335, offers a significant opportunity for investors and businesses alike. Boasting a substantial 22,400 square feet of space on a 27,994 square foot lot, this Class B property is situated on a major arterial, Sherman Way, experiencing an estimated daily traffic count of approximately 31,387 vehicles. Built in 1953, the single-story structure presents a solid foundation for a variety of retail ventures. Its convenient location in Reseda, often referred to as the "Hub of the West Valley," ensures high visibility and accessibility. The property's address is further enhanced by its intersection with Etiwanda Avenue (Sherman Way & Etiwanda Ave). Public transportation is readily available, adding to its appeal. The property benefits from strong neighboring tenants, including The 99 Store, JonsMarket, Goodwill, and Citibank, creating a vibrant and established commercial environment. The APN is 2119-028-007. This property presents a rare opportunity to acquire a well-positioned retail space in a thriving Los Angeles neighborhood.

    Property Features for 18247 Sherman Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,400 SF
    Class
    B

    Building Details

    Year Built
    1953
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    9,900 SF

    HighLights

    • ±9,900 SF of available commercial space.
    • High‑traffic location next to a WSS shoe store.
    • Abundant surface parking (4 spaces per 1,000 SF).
    • Situated at a signalized intersection.
    • Ideal for apparel, soft goods, or restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinhub Bitcoin ATM ... Atm WSS Shoe Store Citibank ATM Atm

    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
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.53168500425
    Latitude
    34.201597699686

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    FAQs

    What type of property is this?
    Retail property - Prime Reseda location, 22,400 sq ft retail space.
    Where is this retail property located?
    The property is located at 18247 Sherman Way Los Angeles, CA.
    What are key features of this property?
    This property features: ±9,900 SF of available commercial space.; High-traffic location next to a WSS shoe store.; Abundant surface parking (4 spaces per 1,000 SF).
    Request Owner's contact information
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    Los Angeles, CA 91335
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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
    18247 Sherman Way Los Angeles, CA 91335
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