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$ 2,500,000
Est. payment | /mo
0.34 Acres Lot
$ 2,500,000
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26098089
HOA Y/N No
Year Built 1949
Lot Size 0.344 Acres
Lot Dimensions Assessor
Property Sub-Type Retail
Property 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.
asset.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAC2
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Total Parking Spaces 10
Building
Lot Description Near Public Transit, Walkstreet
Story 1
Water Public
Others
Tax ID 2125001006
Special Listing Condition Standard
Listed by Anna Ambarian Christie's RE SoCal 818-331-3621, DRE #01040774
NEARBY SCHOOL & BUSINESS
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