19740 Sherman Way, Winnetka, CA 91306-3602
- Retail space
- 4,005 SF
- 0.19 lot acres
Current Use by Public Records
- Retail space
Property Details for 19740 Sherman Way
- Year built
- 1956
- Construction
- WOOD
- Lot size
- 0.19 lot acres
- Zone code
- LAC4
- Property type
- Retail space
- APN
- 2135-016-008
- APU
- 2135016008
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 12, 2022 | $300,000 | Roy Jackson | Mary Beth Berkett | Grant Deed | — |
| Aug 30, 2019 | — | Roy Jackson | Jackson,cheryl | Quit Claim Deed · related | — |
| Aug 30, 2019 | $320,000 | Roy Jackson | Jackson,james | Grant Deed · related | — |
| Aug 2, 2019 | $1,527,273 | Jerome Jackson | Jackson,david | Quit Claim Deed · related | — |
| Feb 8, 2019 | — | Marybeth Berkett | Jackson Family Trust | Quit Claim Deed · related | — |
| Aug 23, 2018 | — | Owner Recored | Jackson,roy R JR | Affidavit Of Death | — |
| May 13, 1998 | — | Jackson,ingrid P Trustee | Jackson I P Trustee, | Quit Claim Deed · related | — |
| Apr 4, 1997 | — | Jackson,ingrid P Tr | — | Deed Of Trust · related | — |
Description
This exceptional multi-tenant retail property at 19740 Sherman Way, Winnetka, CA, presents a compelling investment opportunity. Spanning 4,005 square feet on a 0.19-acre lot, the property boasts three established, long-term tenants, providing immediate and consistent cash flow. A key feature is the inclusion of a cell tower with a secured, long-term lease, offering a stable and predictable income stream. The property's strategic location in a high-traffic area ensures excellent visibility and accessibility for all tenants, maximizing their potential. Individual gas and electric meters simplify utility management and cost allocation. Six convenient parking spaces are available for tenants and customers. The property is zoned LAC4 and offers a compelling 4.30% capitalization rate, making it an attractive addition to any investment portfolio. This turnkey investment requires minimal management, offering a strong return on investment with the security of established tenants and a diverse income stream. The property's location and tenant mix provide a solid foundation for long-term growth and profitability. This is a rare opportunity to acquire a well-established, high-performing retail property in a desirable location.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Winnetka
- County
- Los Angeles
- State
- California
- Longitude
- -118.564
- Latitude
- 34.2007
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
