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    Property profile & analytics

    23133 Sherman Pl Los Angeles, CA 91307

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 23133 Sherman Pl

    Property type
    Land

    Description

    This exceptional 70,395 square foot commercial lot in Los Angeles, CA (APN 2021014053) presents a unique investment opportunity. Located at 23133 Sherman Pl, 91307, in the desirable West Hills neighborhood of Los Angeles County, this property is zoned for commercial use. Its prime location offers high visibility and convenient access, situated near a hospital, medical centers, shopping malls, and thriving residential areas. The property's proximity to major streets and freeways ensures excellent connectivity throughout the city. This substantial lot is ideally suited for a multi-unit development project, catering to a variety of commercial or residential ventures. The high demand in this area makes this a rare and lucrative investment opportunity. The property is currently for sale by owner and offers are being accepted. This is a chance to develop a dynamic community hub or capitalize on a high-demand location. Don't miss this chance to acquire a prime piece of West Hills real estate.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.631
    Latitude
    34.2014

    Comparable in this City

    • Value Estimation by Request
      10,981 SF

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    • Value Estimation by Request
      336.86 Acres

      Oak Park, CA 91307

      INDUSTRIAL - VACANT LAND • 336.86 Acres
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    • Value Estimation by Request
      2,540 SF

      6653 Fallbrook Ave

      Individual retail properties • 2,540 SF
      6653 Fallbrook Ave, Los Angeles, CA 91307
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    • Value Estimation by Request
      1.62 Acres

      23133 Sherman Pl

      COMMERCIAL (GENERAL) • 1.62 Acres
      23133 Sherman Pl, West Hills, CA 91307
      View Details
    • Value Estimation by Request
      18.09 Acres

      Oak Park, CA 91307

      INDUSTRIAL - VACANT LAND • 18.09 Acres
      Oak Park, CA 91307
      View Details
    • Value Estimation by Request
      0.64 Acres

      23115 Sherman Pl

      VACANT COMMERCIAL LAND • 0.64 Acres
      23115 Sherman Pl, West Hills, CA 91307-2006
      View Details

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    Similar Nearby for Lease

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      West Hills Retail Space for Lease

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    Request Owner's contact information
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    23133 Sherman Pl
    Los Angeles, CA 91307
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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
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