For Sale
$4,250,000

13054-13058 Sherman WayLos Angeles, CA 91605

High-traffic location, prime investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7,696 square foot freestanding retail storefront, located at 13054-13058 Sherman Way in North Hollywood, CA 91605, presents a lucrative investment or owner-user opportunity. Situated on a 0.34-acre lot (14,833 sq ft), this multi-tenant building boasts unparalleled visibility across from a Tesla showroom and service center, ensuring high foot and vehicle traffic. Built in 1959, the single-story structure is zoned C2-1VL, allowing for diverse uses including retail, office, or service-oriented businesses. The asking price is $4,250,000, translating to $552 per square foot. The property comprises three units, offering flexibility for investors seeking multiple tenants or owner-users looking to occupy part of the space while generating rental income from the remaining units. This prime location in a high-demand market makes it an ideal investment for those seeking strong returns and a stable, high-traffic commercial property. The property's corner location provides exceptional visibility and accessibility, making it an attractive proposition for a wide range of businesses.

Highlights

  • $4,250,000 asking price.
  • 7,696 square foot retail storefront building on a 0.34-acre lot.
  • Located at 13054-13058 Sherman Way, North Hollywood, CA 91605, across from a Tesla showroom.
  • Three units available.
  • C2-1VL zoning allows for retail, office, or service businesses.

Property Details for 13054-13058 Sherman Way

Property type
Retail properties, Retail space
Year Built
1959
Stories
1
Units
3

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2009738
Longitude
-118.4178163
13054-13058 Sherman Way, Los Angeles, California

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13054-13058 Sherman Way
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