Property summary
This exceptional 7,696 square foot freestanding retail storefront, located at 13054-13058 Sherman Way in North Hollywood, CA 91605, presents a lucrative investment or owner-user opportunity. Situated on a 0.34-acre lot (14,833 sq ft), this multi-tenant building boasts unparalleled visibility across from a Tesla showroom and service center, ensuring high foot and vehicle traffic. Built in 1959, the single-story structure is zoned C2-1VL, allowing for diverse uses including retail, office, or service-oriented businesses. The asking price is $4,250,000, translating to $552 per square foot. The property comprises three units, offering flexibility for investors seeking multiple tenants or owner-users looking to occupy part of the space while generating rental income from the remaining units. This prime location in a high-demand market makes it an ideal investment for those seeking strong returns and a stable, high-traffic commercial property. The property's corner location provides exceptional visibility and accessibility, making it an attractive proposition for a wide range of businesses.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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