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    Property profile & analytics

    18743 Sherman Way Reseda, CA 91335-4043

    • Auto shops
    • 7,080 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $4,175,000
    Last Sale
    Dec 09, 2021
    $4,250,042
    Location Intelligence
    Property ID
    US09-7862786
    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

    • Valley Smog Only LLC / Smog Inspection Station / Gas Station
    • Silva Auto Repair / Auto Repair Shop
    • Prestige Auto Repair Centers / Auto Repair Shop
    • No Limit Collision / Auto Body Shop
    • Ravel’s Automotive / Auto Repair Shop

    Property Details for 18743 Sherman Way

    Year built
    1966
    Lot size
    0.33 lot acres
    Property size
    7,080 SF
    Zone code
    LAC2
    Property type
    Auto shops
    APN
    2118-026-015
    APU
    2118026015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,075,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,930,000
      6.5%
      $4,275,000
      7%
      $3,855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,980,000
      Geo Method
      $4,565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,765,000
      Retail
      $4,185,000
      Mixed-Use
      $4,470,000
      Hospitality
      $3,870,000
      Educational
      $4,640,000
      Residential Income
      $4,160,000
      Energy
      $4,795,000
      Income-Based Land
      $4,700,000
      Food Service
      $4,245,000

    Location Insight

    • Map
    • Local Demand
    City
    Reseda
    County
    Los Angeles
    State
    California
    Longitude
    -118.542
    Latitude
    34.2014
    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
    $31,742
    $1,794,690
    $728,280
    $2,522,970
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,500 SF

      18520 Wyandotte St

      AUTO REPAIR, GARAGE • 6,500 SF
      18520 Wyandotte St, Reseda, CA 91335-8150
      View Details
    • Value Estimation by Request
      4,287 SF

      18418 Vanowen St

      AUTO REPAIR, GARAGE • 4,287 SF
      18418 Vanowen St, Reseda, CA 91335-5311
      View Details
    • Value Estimation by Request
      14,776 SF

      7528 Reseda Blvd

      AUTO REPAIR, GARAGE • 14,776 SF
      7528 Reseda Blvd, Reseda, CA 91335-7460
      View Details
    • Value Estimation by Request
      3,875 SF

      18101 Saticoy St

      AUTO REPAIR, GARAGE • 3,875 SF
      18101 Saticoy St, Reseda, CA 91335-3120
      View Details
    • Value Estimation by Request
      7,840 SF

      7045 Canby Ave

      AUTO REPAIR, GARAGE • 7,840 SF
      7045 Canby Ave, Reseda, CA 91335-4302
      View Details
    • Value Estimation
      $1,175,000
      12,779 SF

      7345 Canby Ave

      AUTO REPAIR, GARAGE • 12,779 SF
      7345 Canby Ave, Reseda, CA 91335-3011
      View Details

    Similar Nearby for Sale

    • $1,650,000
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      Reseda Retail Space - High Traffic

      Prime Reseda retail space, 4710 sq ft, high visibility.
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      Single tenant warehouse with upside potential in central San Fernando.
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    • New
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      Remodeled Townhome in Gated Community

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

    • Contact for pricing
      22,400 SF

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      Prime Reseda location, 22,400 sq ft retail space.
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    • $45 SF/Yr
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      Prime Reseda location, 2,400 SF available.
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      View Details
    • $25 SF/Yr
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      High-visibility Reseda retail/office space.
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    • $23 SF/Yr
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      Sherman Way Retail Space Available

      Prime Los Angeles retail space, 3,000-4,000 sq ft.
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    • $30 SF/Yr
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      Victory Blvd Retail Space For Lease

      Prime San Fernando Valley Retail Space - 1305 SF
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    • $1.98 SF/Yr
      2,000 SF

      Reseda Retail Space Available

      Retail space for rent in Reseda, California.
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      View Details
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    Reseda, CA 91335-4043
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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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