For Sale
$850,000

18511 Sherman WayLos Angeles, CA 91335

Established Dental Practice, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving, established dental practice located in the heart of Reseda, California. The property, situated at 18511 Sherman Way, Los Angeles, CA 91335, is a two-story Class B building encompassing 5,000 square feet of net rentable space, with 2,500 square feet per floor. Currently operating at 50% occupancy, this owner-user opportunity offers significant potential for growth. The practice boasts six operatories, two orthodontic stations, three x-ray units, and a dedicated lab, all within a well-maintained building. The property features convenient free parking in the rear, and benefits from a high-traffic location near a corner. The asking price is $850,000, translating to $420 per square foot. The leasehold ownership structure provides flexibility for the buyer. This turnkey operation is ideal for a dentist looking to establish or expand their practice in a prime Los Angeles location. The practice has been successfully operating at this location for 11 years. The building's size and layout offer ample space for expansion and customization to meet the needs of a growing practice. This is a rare opportunity to acquire a well-established dental practice with significant upside potential in a desirable area.

Highlights

  • High-traffic corner location in Reseda, CA.
  • Large two-story, 5,000 square foot Class B building (2,500 sq ft per floor).
  • Free rear parking.
  • High-traffic location.
  • $850,000 asking price ($420/sq ft).

Property Details for 18511 Sherman Way

Property type
Office properties, Medical offices
Square Feet
2,500 SF
Class
B
Buildings
1
Stories
2
Units
2

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.201196796109
Longitude
-118.53838282625
18511 Sherman Way, Los Angeles, California

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18511 Sherman Way
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