16119 Sherman Way Los Angeles, CA 91406
This exceptional 3,500 square foot retail storefront is ideally situated on the bustling Sherman Way in Los Angeles County. Its prime location offers unparalleled visibility and accessibility, boasting easy access to the 405 freeway, a signalized corner location at Sherman Way and Woodley Avenue, and a rear alley for convenient loading and unloading. The property benefits from its proximity to a high density of apartments and is directly across from Vallarta's supermarket, ensuring a constant flow of potential customers. The building's previous use as a market indicates its suitability for a variety of retail businesses, and the existing infrastructure provides a solid foundation for a new tenant. This single-tenant space presents a unique opportunity for businesses seeking a high-visibility location in a thriving commercial area. The convenient freeway access makes it easily accessible for customers throughout the region. The high foot traffic generated by the nearby Vallarta's and the dense residential population guarantees a strong customer base. This is a rare opportunity to secure a well-positioned retail space in a highly desirable location. The existing infrastructure and convenient rear alley access further enhance the property's appeal. Don't miss this chance to establish your business in a prime Los Angeles location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.