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    18567-18573 Sherman Way Los Angeles, CA 91335

    Sponsored
    For Lease
    $23 SF/Yr ($13,650 /Mo)

    Prime Los Angeles retail space, 3,000-4,000 sq ft.

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 18567-18573 Sherman Way in Los Angeles, California, 91335. The property consists of a 7,000 square foot building situated on a 0.46-acre lot, currently offering 7,000 square feet of vacant space. The building is zoned R2, Los Angeles, and was constructed in 1955. Tenancy is multiple, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 4,000 square feet. This presents a unique chance for a single tenant to occupy a significant portion of the building or for multiple tenants to establish themselves in a vibrant location. The property includes ample parking with 10 spaces available for customers and employees. Its location in Los Angeles County provides excellent access to a large and diverse customer base. This is an ideal opportunity for businesses seeking high visibility and convenient access in a well-established area. The property's size and layout offer considerable flexibility for a variety of retail uses. Don't miss this chance to secure a prime retail space in a thriving Los Angeles neighborhood.

    Property Features for 18567-18573 Sherman Way

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    13650

    Building Details

    Year Built
    1955

    Unit(s) available at that property

    Space
    Suite 18569
    Size
    3,000 SF
    Rate per SF
    $23

    HighLights

    • High‑traffic retail space in prime Reseda location.
    • Approximately 3,000 square feet available for lease.
    • On‑site restrooms.
    • High ceilings.
    • Front and rear access.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -118.5381433
    Latitude
    34.2014168

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    FAQs

    What type of property is this?
    Individual retail property - Prime Los Angeles retail space, 3,000-4,000 sq ft.
    Where is this individual retail property located?
    The property is located at 18567-18573 Sherman Way Los Angeles, CA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail space in prime Reseda location.; Approximately 3,000 square feet available for lease.; On-site restrooms.
    Request Owner's contact information
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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
    18567-18573 Sherman Way Los Angeles, CA 91335
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