18341 Sherman WayLos Angeles, CA 91335

Property Details for 18341 Sherman Way

Year built

1954

Lot size

0.15 AC

Property size (Sq ft)

5,005 SF

Zone code

LAC2

Property type

Parking lots & garages

APN

2119-023-024

APU

2119023024

Description

This exceptional Los Angeles County office property, located at 18341 Sherman Way, Reseda, CA 91335, offers flexible workspace solutions. The building features a Class B designation and presents three available spaces ranging from a minimum of 600 square feet to a maximum contiguous area of 4,650 square feet. A total of 4,650 square feet is currently vacant and ready for immediate occupancy. The property is ideal for businesses seeking executive office suites or a collaborative coworking environment. Its multiple tenancy structure allows for diverse occupancy arrangements. The property's convenient location in Los Angeles provides easy access to major transportation routes and local amenities. This is a fantastic opportunity for businesses of all sizes to establish a presence in a thriving Los Angeles neighborhood. The address is easily accessible and well-suited for both employees and clients. The available space is adaptable to a variety of business needs, making it a versatile option for companies seeking to expand or relocate. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a desirable location. The property is ready for immediate occupancy, allowing businesses to quickly establish their operations.

• CAP approach

  CAP return

  Valuation

  6%

  $2,129,791

  6.5%

  $1,965,961

  7%

  $1,825,535

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,398,412

  Geo Method

  $2,398,412

• Alternative Use

  Use

  Valuation

  Residential

  $1,658,362

  Hospitality

  $1,519,050

  Educational

  $1,263,832

  Medical

  $1,307,297

  Retail

  $1,965,961

Location Insight

City

Reseda

County

Los Angeles

State

California

Latitude

34.2015

Longitude

-118.533

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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