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    18516 Sherman Way Los Angeles, CA 91335

    Sponsored
    For Lease
    $25 SF/Yr ($5,670 /Mo)

    High-visibility Reseda retail/office space.

    Lot size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Los Angeles retail property, located at 18516 Sherman Way, offers 1,440 square feet of immediately available space within a larger 2,700 square foot building. Situated in the West San Fernando Valley submarket, near the intersection of Sherman Way and Reseda Boulevard, this property boasts excellent street visibility and accessibility. The space is zoned C2 and is ideal for retail or professional office uses. The property includes 14 parking spaces on-site, supplemented by the proximity of a city-owned public parking lot with approximately 80 additional spaces. The lot size is 3,749 square feet. The minimum divisible space is 1,440 square feet, matching the currently vacant space. This Los Angeles County property (APN 2126-007-007) presents a unique opportunity for businesses seeking a high-traffic location in a well-established area. The property is in Los Angeles, CA, zip code 91335. Multiple tenancy is possible within the building.

    Property Features for 18516 Sherman Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,700 SF
    Total Rate
    5670

    Unit(s) available at that property

    Space
    18516 Sherman Way
    Size
    1,440 SF
    Rate per SF
    $25

    HighLights

    • 1,440 SF of available space.
    • High visibility and signage opportunity.
    • Ample on‑site parking.
    • Additional parking available at nearby city lot.
    • Front and rear access.
    • High traffic counts and strong demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Botanica Vision Center Psychic

    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
    -118.53667726535
    Latitude
    34.201066613324

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    FAQs

    What type of property is this?
    Retail property - High-visibility Reseda retail/office space.
    Where is this retail property located?
    The property is located at 18516 Sherman Way Los Angeles, CA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 1,440 SF of available space.; High visibility and signage opportunity.; Ample on-site parking.
    Request Owner's contact information
    18516 Sherman Way Los Angeles, CA 91335
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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
    18516 Sherman Way Los Angeles, CA 91335
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