$2,300,000
Under Contract18446 18452 Sherman Way
Reseda CA 91335
8,967
SF
Retail
Type
1949
Built
$256/SF
Cost/SF
Listing Agent
Sarkis Ambarian
DRE #: 02179133
Brokerage: Christie's RE SoCal
Location Analysis
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
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Sold $1,275,000SOLD3,690 SF•Retail•2 units7437 Reseda BoulevardSold Dec 2025Berkshire Hathaway HomeServices California Properties | DRE #01707136Buyer's agent: Manjeet Chana, Keller Williams VIP Properties | DRE #01338256
Sold $1,750,000SOLD7,450 SF•Multi Family•10 units7515 Canby AvenueSold Jun 2025Pinnacle Estate Properties | DRE #01414689Buyer's agent: Mike Iryami, BRC Advisors- BH | DRE #01825516
Sold $750,000SOLD3,900 SF7131 Darby AvenueSold Jun 2025Moses Commercial, Inc | DRE #02007841Buyer's agent: Unknown Agent, Data Migration
Closed commercial sales reported, newest first.