19740 Sherman Way Winnetka, CA 91306
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC4 · Winnetka, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.