18247 Sherman Way Los Angeles, CA 91335
- Parking lots & garages
- 10,590 SF
- 0.24 lot acres
Current Use by Public Records
- Coinhub Bitcoin ATM Teller / Atm
- WSS / Shoe Store
- Citibank ATM / Atm
Property Details for 18247 Sherman Way
- Year built
- 1953
- Lot size
- 0.24 lot acres
- Property size
- 10,590 SF
- Zone code
- LAP
- Property type
- Parking lots & garages
- APN
- 2119-028-011
- APU
- 2119028011
Description
This exceptional single-tenant retail building, located at 18247 Sherman Way, Reseda, CA 91335, offers a significant opportunity for investors and businesses alike. Boasting a substantial 22,400 square feet of space on a 27,994 square foot lot, this Class B property is situated on a major arterial, Sherman Way, experiencing an estimated daily traffic count of approximately 31,387 vehicles. Built in 1953, the single-story structure presents a solid foundation for a variety of retail ventures. Its convenient location in Reseda, often referred to as the "Hub of the West Valley," ensures high visibility and accessibility. The property's address is further enhanced by its intersection with Etiwanda Avenue (Sherman Way & Etiwanda Ave). Public transportation is readily available, adding to its appeal. The property benefits from strong neighboring tenants, including The 99 Store, JonsMarket, Goodwill, and Citibank, creating a vibrant and established commercial environment. The APN is 2119-028-007. This property presents a rare opportunity to acquire a well-positioned retail space in a thriving Los Angeles neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reseda
- County
- Los Angeles
- State
- California
- Longitude
- -118.531
- Latitude
- 34.2019
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
