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13054-13058 Sherman Way Los Angeles, CA 91605

OFF-MARKET Retail properties & Spaces Google Maps
Built 1959
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 1959

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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