Financial
Distress signals
Property profile

18738 Sherman Way Reseda, CA 91335

OFF-MARKET
Retail space
Property ID
US09-8793450
1,886 SF 0.25 ac lot Built 1959
Last sale Dec 2021 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A corner-lot retail storefront building constructed in 1959 with frontage along Sherman Way and Rhea Ave, featuring two separate customer entrances and a billboard mounted for street-facing visibility. The building is configured for retail use with an operating layout that has historically included an in-place business under an existing lease arrangement, while also providing an on-site option for continued retail operations alongside the billboard component.

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?
$21k
Tax billed · 2024
Assessed value$1.66M
Assessed land$1.56M
Assessed improvement$104k
Effective rate1.25%

Value estimate

· Sep 2026
$1.60M
$1.44M – $1.75M
AI approach$1.60M

Realmo valuation models over county records and 40 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 comparables40

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 agency44.0
Law Firm41.0
Gym & Fitness11.6

Location

18738 Sherman Way Reseda, CA 91335-4040
County assessor Recorded deeds · 5 transfers 40 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
7245 Reseda, Reseda, CA 91335-3046 $345,000 Mar 2025 1,500 SF
7333 Reseda, Reseda, CA 91335-3048 $695,000 Aug 2024 1,750 SF
7325 Reseda, Reseda, CA 91335-3048 $1,600,000 Jun 2024 1,750 SF
18328 Sherman, Reseda, CA 91335 $582,500 Mar 2024 2,250 SF
18561 Sherman, Reseda, CA 91335-4144 $320,000 Jan 2024 2,310 SF
18530 Sherman, Reseda, CA 91335-4212 $795,000 Sep 2023 1,615 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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