18446 18452 Sherman Way, Reseda, CA 91335
- $2,300,000
- List Price
- $2,300,000
- Price Change
- ▼ $200,000 1784529666
- Status
- ACTIVE
- MLS#
- BB26098089
- Year Built
- 1949
- Lot Size
- 15,000
- Acres
- 0.34
- Lot Location
- Near Public Transit, Walkstreet
- Days on Market
- 77
- 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
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Anna Ambarian (annaambarian@yahoo.com) from Listing Office: Christie's RE SoCal.
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