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$2,300,000

Under Contract

18446 18452 Sherman Way

Reseda CA 91335

8,967

SF

Retail

Type

1949

Built

$256/SF

Cost/SF

179 days on marketNalren refreshed

Listing Agent

Anna Ambarian

Listing Agent

DRE #: 01040774

(818) 331-3621

Brokerage: Christie's RE SoCal

Sarkis Ambarian

DRE #: 02179133

Brokerage: Christie's RE SoCal

Location Analysis

MapProperty Location

About This Property

200K PRICE ADJUSTMENT! A prime 3-UNIT RETAIL STOREFRONT + Billboard. This great investment opportunity is 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.

Property Information

Property Overview

Commercial - Retail

Property Type

ActiveUnderContract

Status

LAC2

Zoning

0.3444 acres

Lot Size

8,967 SF

Square Footage

$256.50/SF

Price per SF

1,949

Year Built

1

Stories

10

Parking Total

1.12

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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