18446 18452 Sherman Way
los angeles, CA 91335US$2,300,000
- Contract signed
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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
8,967 Sq Ft
0.3444 Private Acres Lot Size
commercial
Built in 1949
MLS/Listing ID BB26098089
Amenities & Features
Public Water
Lot - Walkstreet
Lot - Near Public Transit
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.