13054-13058 Sherman WayLos Angeles, CA 91605

Property Details for 13054-13058 Sherman Way

Year built

1959

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.201

Longitude

-118.418

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