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32457589
32457590

18446-18452 Sherman Way, Reseda, CA 91335

Christie’s International Real Estate Southern California
Listed by Christie’s International Real Estate Southern California
$2,500,000
24 days on market
Updated 24 days ago

18446-18452 Sherman Way

Details
APN 2125-001-005; 2125-001-006
Property Type Retail
Sub Type Commercial
Square Footage 8,967
Price per SqFt $279
Year Built 1949
Buildings 2
Stories 1
Lot Size (SqFt) 15,000
Zoning LAC2
Parking Spaces 10 spaces
Parking Per SqFt 1.12
Investment Type Owner/User

Retail | 8,967 SqFt

Marketing description

Christie’s International Real Estate is pleased to present 18446–18452 Sherman Way, a prime 3-unit retail storefront investment opportunity located in the heart of Reseda. 2 Parcels being sold together APN #2125-001-006 & APN #2125-001-005. All three units are fully leased and occupied, with 1 Long-Term Month-to-Month tenant, providing immediate cash flow with flexibility for future repositioning or owner occupancy. Strategically positioned along a high-traffic corridor, the property offers excellent visibility and accessibility within a growing retail submarket. This is an exceptional opportunity for investors seeking stable in-place income with future upside, or for an owner-user looking to establish a presence in a prime Reseda location. Additional features include a large rooftop billboard with potential for added income, rear alley access for easy ingress and egress, approximately 10± on-site parking spaces, and ample street parking. An ideal acquisition for an owner-user looking to occupy one unit while generating income from the remaining spaces, or for an investor seeking to add value with a rare San Fernando Valley retail asset.


Investment highlights

  • 3-unit Retail Storefront - 1 Long-term MTM Tenant
  • Building & Lot Size: ± 8,967 Sf Building on Approximately 15,000 Sf of Land
  • Possible Additional Income From a Rooftop Billboard
  • Parking & Access - 10± on-site Spaces via Rear Alley Plus Abundant Street Parking
  • High Traffic Frontage, With Over 50' Along Reseda Boulevard Boasting 36,000+ Traffic Count
  • Ownership Flexibility: Ideal for Owner-user or Investor Seeking a Rare Valley Retail Asset With Value-add Potential
  • 2 Parcels Being Sold Together Apn #2125-001-006 & Αρn #2125-001-005

Listing Contacts

Christie’s International Real Estate Southern California
Listed by Christie’s International Real Estate Southern California

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