For Sale
$1,995,000

19740 Sherman Way Los Angeles, CA 91306

Three-unit retail building, cell tower included.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a three-unit storefront commercial property located at 19740 Sherman Way in the desirable Winnetka neighborhood of Los Angeles, California. The property boasts a total of 4,005 square feet of retail space, spread across three individual units, making it ideal for a variety of uses or a single owner-operator. Built in 1956, the building sits on a substantial 15,780 square foot lot, offering ample space and potential for expansion or future development. The property's strategic location in Winnetka provides excellent visibility and accessibility, ensuring high foot traffic and potential for strong rental income. A key feature of this property is the inclusion of a cell tower, generating additional revenue streams beyond the retail units. The property is zoned LAC4 and includes two APNs: 2135-016-008 and 2135-016-017. The asking price for this remarkable commercial property is $1,995,000. This presents a rare chance to acquire a well-located, income-producing asset with significant upside potential in a thriving Los Angeles community. The substantial lot size and existing infrastructure provide a solid foundation for long-term growth and investment returns. Serious inquiries are encouraged.

Property Details for 19740 Sherman Way

Property type
Retail properties, Retail space
Square Feet
4,005 SF
Year Built
1956
Units
3

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2007065
Longitude
-118.5636879

FAQs

What type of property is this?
Retail property - Three-unit retail building, cell tower included.
Where is the retail property located?
The property is located at 19740 Sherman Way Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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19740 Sherman Way
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