18446 18452 Sherman Way,Reseda, CA 91335
Reseda, CA 91335
Description
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.
Details
| MLS # | BB26098089 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1949 |
| Days On Site | 112 |
| Listing Provided By | Christie's RE SoCal | Anna Ambarian |
Features
| SQ Feet | 8,967 |
|---|---|
| Story(s) | 1 |
| Building(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.34 |
Exterior
| Lot Features | Near Public Transit, Walkstreet |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Reseda |
| Zip Code | 91335 |
| Area | RES Reseda |
| Listing VS Median (in 91335) | |
Price: $2,300,000 low | high Med: $1,499,000 sqft: 8,967 low | high Med: 2,522 $ / sqft: $256 low | high Med: $594 On site: 112 low | high Med: 86 | |
Market Activity 91335
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Reseda |
| Zip Code | 91335 |
| Area | RES Reseda |
| Listing VS Median (in 91335) | |
Price: $2,300,000 low | high Med: $1,499,000 sqft: 8,967 low | high Med: 2,522 $ / sqft: $256 low | high Med: $594 On site: 112 low | high Med: 86 | |