19103 Sherman Way, Reseda (los Angeles), CA 91335

• 8,398 sqft

Property Description

Situated at the highly visible corner of Sherman Way and Vanalden Avenue, the property allows tenants convenient access to the revitalized Warner Center and Woodland Hills neighborhoods, including several new and proposed development projects. The new Topanga Village and recently opened Topanga Social are a short drive southwest of the building. The entitled Promenade 2035 mixed-use campus, which could span 35 acres and may include a new sports and entertainment complex for the Los Angeles Rams to use as a practice facility, in addition to 280,000 square feet of restaurant and retail offerings, hotels, offices, and residential units, could be developed nearby via a $1.5 billion infusion of capital into the local area. The subject property features full copper plumbing, while the new roof was installed in 2021. That same year, all required seismic retrofit repairs were also completed (Buyer to verify), allowing a new owner to benefit from significantly reduced deferred maintenance expenses. A new investor can add substantial value to the asset and also improve cash flow dramatically by recapturing the approximate 49% in rent upside. In addition to this rent upside, there are three units that are currently non-conforming, producing an extra $3,044 in monthly revenue. Yet another in

Listing Status:

Active

Date Added:

June 16, 2025 at 05:00AM

Listing Office:

Marcus & Millichap : 818-212-2700

Listing Agent:

Roderick 'Rick' Raymundo : 213-943-1855

MLS ID:

CL25553143

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LAR32104032001

This listing courtesy of Roderick 'Rick' Raymundo, Marcus & Millichap