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    Property profile & analytics
    FOR SALE
    Retail space

    18515 Sherman Way, Reseda, CA 91335

    4,710 SF 0.17 ac lot Built 1928
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-8790490
    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 business uses, including retail, medical offices (doctor or dentist), or a restaurant. Dedicated parking is available at the rear of the property, offering ample space for both customers and employees. This prime location on Sherman Way guarantees maximum exposure for your business, making it an ideal investment for entrepreneurs seeking a thriving commercial space in a bustling area. The asking price is $1,650,000. This property is ready for immediate occupancy and offers the perfect blend of location, size, and versatility to bring your business vision to life.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1928
    Construction TILT-UP CONCRETE
    Total area 4,710 SF
    Lot 0.17 ac (7,501 SF)
    Zoning code LAC2
    APN 2118-029-013
    UPID US09-8790490
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • One More Time Thrift Shop Discount Store
    • JCDA PENTECOSTAL CHURCH Church Mosque
    • Funnel Mill Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.14M
    Owner & transaction history
    House-a Church Family INC · 8 yrs held
    House-a Church Family INC
    since 2018
    5 recorded transactions
    2018
    2007
    2002
    1997
    $180,000
    1992
    Zoning & alternative use
    LAC2 · Reseda, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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