Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    21725 Sherman Way Canoga Park, CA 91303-1932
    Property profile & analytics

    21725 Sherman Way, Canoga Park, CA 91303-1932

    View on Map
    • Banks
    • 8,225 SF
    • 0.27 lot acres
    Off-Market
    Property ID
    US09-7689297
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 21725 Sherman Way

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Zone code
    LAC2
    Property type
    Banks
    APN
    2111-020-010
    APU
    2111020010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 13, 2012 — Jordan Family Living Trust Sandrini,daniel Grant Deed —
    Jul 7, 2010 $1,200,000 Jordan Family Living Trust Sandrini,daniel Grant Deed —
    Jul 7, 2010 — Daniel Sandrini Sandrini Annie J Quit Claim Deed · related —
    Sep 14, 1999 — Annie J Sandrini Sandrini,c Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canoga Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.603
    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
    $21,082
    $1,099,462
    $385,554
    $1,485,016
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,668 SF

      22004 Sherman Way

      FINANCIAL BUILDING
      22004 Sherman Way, Canoga Park, CA 91303-1851
      View Details
    • Value Estimation
      $6,750,000
      9,977 SF

      20900 Sherman Way

      FINANCIAL BUILDING
      20900 Sherman Way, Canoga Park, CA 91303-1742
      View Details
    • Value Estimation by Request
      7,820 SF

      6537 Topanga Cyn Blvd

      FINANCIAL BUILDING
      6537 Topanga Cyn Blvd, Woodland Hills, CA 91303-2622
      View Details
    • Value Estimation
      $530,000
      7,638 SF

      21901 Sherman Way

      FINANCIAL BUILDING
      21901 Sherman Way, Canoga Park, CA 91303-1944
      View Details
    • Value Estimation
      $1,000,000
      12,456 SF

      6633 Topanga Cyn Blvd

      FINANCIAL BUILDING
      6633 Topanga Cyn Blvd, Woodland Hills, CA 91303-2623
      View Details
    • Value Estimation by Request
      9,000 SF

      21834 Sherman Way

      FINANCIAL BUILDING
      21834 Sherman Way, Canoga Park, CA 91303-1940
      View Details

    Similar Nearby for Sale

    • $899,998
      1,500 SF

      Turnkey Retail Storefront Opportunity

      Well-located retail storefront with recent upgrades, fenced security, and on-site parking for an owner-user seeking stability.
      21627 Sherman Way, Canoga Park, CA 91303
      View Details
    • $948,800

      Retail Storefront in Sherman Corridor

      Retail storefront in high-traffic area, ideal for owner-user.
      21627 Sherman Way, Los Angeles, CA 91303
      View Details
    • Contact for pricing
      5,242 SF

      New Woodland Hills Townhome Community

      Four modern townhomes in a high-demand Woodland Hills location.
      6420 Hanna Ave, Woodland Hills, CA 91303
      View Details
    • $5,100,000

      Luxury Multifamily Community in Canoga Park

      Nine-unit multifamily community built in 2020 near Westfield Topanga.
      7018 Alabama Ave, Canoga Park, CA 91303
      View Details
    • Contact for pricing

      22137 Gault, Canoga Park, CA 91303

      Triplexes
      22137 Gault St, Canoga Park, CA 91303
      View Details
    • Contact for pricing
      2,000 SF

      Canoga Park Flex Space

      Flex space with modern offices and fenced yard for sale.
      7448 Deering Ave, Canoga Park, CA 91303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 1,875 square feet.
      21530 Sherman Way, Los Angeles, CA 91303
      View Details
    • Contact for pricing

      Automotive Mechanics Space For Lease

      Automotive mechanics space in Canoga Park near Metro Orange Line.
      21519 Gault St, Canoga Park, CA 91303
      View Details
    • Contact for pricing

      Multi-Tenant Commercial Building Available

      Multi-tenant commercial building with 10,659 SF available for lease.
      21721 Vanowen St, Los Angeles, CA 91303
      View Details
    • Contact for pricing

      High-Image Commercial Complex For Lease

      Prime Warner Center location ideal for retail, restaurant, office, medical.
      21101 Victory Blvd, Canoga Park, CA 91303
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 480 to 800 SqFt.
      21054 Sherman Way, Los Angeles, CA 91303
      View Details
    • Contact for pricing

      Sherman Way Retail/Office Space

      Retail and office spaces available on Sherman Way.
      22122-22126 Sherman Way, Los Angeles, CA 91303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21725 Sherman Way
    Canoga Park, CA 91303-1932
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    21725 Sherman Way, Canoga Park, CA, 91303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!