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    Property profile & analytics

    18430 Sherman Way Reseda, CA 91335-4305

    • Retail space
    • 14,900 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimation
    $8,785,000
    Last Sale
    Apr 19, 2021
    $8,900,089
    Location Intelligence
    Property ID
    US09-8360990
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walgreens Pharmacy / Pharmacy
    • FedEx OnSite / Mailing Service
    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • Bitcoin Depot | BDCheckout / Atm
    • Coinhub Bitcoin ATM Teller / Atm

    Property Details for 18430 Sherman Way

    Year built
    2003
    Construction
    TILT-UP CONCRETE
    Lot size
    1.44 lot acres
    Property size
    14,900 SF
    Zone code
    LAC2
    Property type
    Retail space
    APN
    2125-002-016
    APU
    2125002016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,885,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,695,000
      6.5%
      $9,555,000
      7%
      $8,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,150,000
      Geo Method
      $8,905,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,590,000
      Retail
      $8,795,000
      Mixed-Use
      $8,090,000
      Hospitality
      $7,545,000
      Educational
      $8,240,000
      Residential Income
      $7,350,000
      Energy
      $8,330,000
      Income-Based Land
      $7,570,000
      Food Service
      $7,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Reseda
    County
    Los Angeles
    State
    California
    Longitude
    -118.534
    Latitude
    34.2005
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $117,272
    $6,897,852
    $2,546,899
    $9,444,751
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,871 SF

      6840 Reseda Blvd

      RETAIL STORES (PERSONAL SERVICES) • 13,871 SF
      6840 Reseda Blvd, Reseda, CA 91335-4204
      View Details
    • Value Estimation by Request
      5,339 SF

      7455 Reseda Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,339 SF
      7455 Reseda Blvd, Reseda, CA 91335-2898
      View Details
    • Value Estimation by Request
      20,145 SF

      17705 Saticoy St

      RETAIL STORES (PERSONAL SERVICES) • 20,145 SF
      17705 Saticoy St, Reseda, CA 91335-3350
      View Details
    • Value Estimation by Request
      20,280 SF

      18115 Saticoy St

      RETAIL STORES (PERSONAL SERVICES) • 20,280 SF
      18115 Saticoy St, Reseda, CA 91335-3120
      View Details
    • Value Estimation by Request
      26,251 SF

      18238 Sherman Way

      RETAIL STORES (PERSONAL SERVICES) • 26,251 SF
      18238 Sherman Way, Reseda, CA 91335-4550
      View Details
    • Value Estimation by Request
      5,060 SF

      18913 Sherman Way

      RETAIL STORES (PERSONAL SERVICES) • 5,060 SF
      18913 Sherman Way, Reseda, CA 91335-2604
      View Details

    Similar Nearby for Sale

    • $1,425,000

      Retail Building in Prime Location

      Two-unit retail building with street access and C2 zoning.
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      Reseda Retail Space - High Traffic

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      Commercial property located on Sherman Way in Los Angeles.
      19103 Sherman Way, Los Angeles, CA 91335
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      San Fernando Warehouse Investment Opportunity

      Single tenant warehouse with upside potential in central San Fernando.
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      Remodeled Townhome in Gated Community

      Modern 2-bedroom, 3-bathroom townhome with upgrades and community amenities.
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    Similar Nearby for Lease

    • $1.98 SF/Yr
      2,000 SF

      Reseda Retail Space Available

      Retail space for rent in Reseda, California.
      7017-7021 Reseda Blvd, Reseda, CA 91335
      View Details
    • $2 SF/Yr
      1,200 SF

      Retail/Office Space on Main Street

      Retail or office space with great exposure and signage.
      8640-8656 Lindley Ave, Northridge, CA 91335
      View Details
    • $7,000 /Mo

      Retail Space for Lease

      Retail space available for lease in Los Angeles, CA.
      19238 Arminta St, Los Angeles, CA 91335
      View Details
    • $23 SF/Yr
      7,000 SF

      Sherman Way Retail Space Available

      Prime Los Angeles retail space, 3,000-4,000 sq ft.
      18567-18573 Sherman Way, Los Angeles, CA 91335
      View Details
    • Contact for pricing
      22,400 SF

      Reseda Retail Building - High Traffic Area

      Prime Reseda location, 22,400 sq ft retail space.
      18247 Sherman Way, Los Angeles, CA 91335
      View Details
    • $45 SF/Yr
      7,500 SF

      Reseda Blvd Retail Space

      Prime Reseda location, 2,400 SF available.
      6740 Reseda Blvd, Los Angeles, CA 91335
      View Details
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    Reseda, CA 91335-4305
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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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