Financial
Distress signals
Property profile

18515 Sherman Way Reseda, CA 91335

FOR SALE
Retail space
Property ID
US09-8790490
4,710 SF 0.17 ac lot Built 1928
Last sale May 1997 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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18515 Sherman Way, Reseda, CA 91335 For Sale
$1,600,000 4,710 SF
18515 Sherman Way, Reseda, CA 91335
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Property summary

AI-generated overview

This exceptional 4,710 square foot commercial property at 18515 Sherman Way in Reseda, California presents a unique owner-user opportunity. Located on a prominent Reseda thoroughfare with high foot traffic, this retail space boasts excellent visibility and accessibility. The property sits on a 0.17-acre lot and offers convenient street-level access, ensuring ease of entry for customers. The building's versatile layout features two distinct sections, providing flexibility for a variety of

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.23M
Assessed land$837k
Assessed improvement$390k
Effective rate1.27%

Value estimate

· Sep 2026
$1.14M
$1.03M – $1.25M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$325/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$137 – $477
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency72.4
Law Firm61.2
Gym & Fitness20.8

Location

18515 Sherman Way Reseda, CA 91335
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6750 Tampa, Reseda, CA 91335-5014 $1,400,000 Feb 2026 5,050 SF
6827 Tampa, Reseda, CA 91335-3745 $327,000 May 2024 5,716 SF
6752 Tampa, Reseda, CA 91335 $1,200,000 Jan 2024 7,518 SF
18252 Sherman, Reseda, CA 91335-4550 $880,000 Jan 2023 4,000 SF
18242 Sherman, Reseda, CA 91335-4550 $4,000,040 Sep 2022 7,729 SF
7227 Reseda, Reseda, CA 91335-3046 $1,150,011 Mar 2022 3,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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