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4716 Woodman Avenue, Sherman Oaks, CA 91423

Commercial property

4716 Woodman Avenue, Sherman Oaks, CA 91423 Sold September 2025 CRMLS
$1,470,000Sold September 2025

Listing Agent: Joshua Markowitz (DRE #01978248) · Listing Office: Markowitz Commercial Real Estate, Inc. · Contact: 818-337-9066 · Bought with: Joshua Markowitz · Markowitz Commercial Real Estate, Inc. · MLS #SR25179474 · Source: CRMLS

2,992
Building Sq Ft
5.62%
Cap Rate
$75,900
NOI
7,279 sqft
Lot Size
1952
Year Built
Commercial property
Type

How this sale compares

4716 Woodman Avenue sold for $1,470,000 in September 2025, 8.9% over its $1,350,000 list price, after 6 days on the market.

6
Days on market
+8.9%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

This Sherman Oaks commercial property is located on Woodman Avenue near the 101. Tenants include Exotic Hookah Lounge and Power Core Studio. There is upside for the next owner by passing CAMs through immediately and raising rents when the current leases expire. This property is located in one of the best neighborhoods of Los Angeles, near Ventura Boulevard and Westfield Fashion Square. The current CAP rate is 5.62%.

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$1,470,000
Sold September 2025 · listed $1,350,000, on market August 2025, 6 days on market · MLS #SR25179474 · Source: CRMLS
Listing Agent: Joshua Markowitz · Listing Office: Markowitz Commercial Real Estate, Inc. · Contact: 818-337-9066 · Bought with: Joshua Markowitz · Markowitz Commercial Real Estate, Inc.
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