18446 18452 Sherman Way, Reseda, CA 91335

$2,300,000

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List Agent Anna Ambarian () 818-432-3271 Christie's RE SoCal; CoList ()

List Price
$2,300,000
Price Change
▼ $200,000 1784529666
Status
ACTIVE UNDER CONTRACT
MLS#
BB26098089
Year Built
1949
Lot Size
15,000
Lot Location
Near Public Transit, Walkstreet
Days on Market
123
Property Type
Commercial
Property Sub Type
Retail

Property 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.

Additional Information

Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.