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$998,800 Just Listed
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Property Description
Rare Owner-User Opportunity to acquire a ±1,500 SF Retail Storefront in the Sherman Corridor (Canoga Park Parts District) of Downtown Canoga Park. Ideal for an owner-user seeking long-term occupancy and stability in a high traffic-visibility neighborhood commercial corridor. Currently operating as a barber shop, the property is well suited for a salon, medical, boutique, Yoga / workout studio, café or comedy club! Recent capital improvements significantly reduce near-term maintenance exposure, making this a turnkey opportunity for immediate occupancy. This property is currently in a designated IRS Opportunity Zone for QOF's. It's also within the local JEDI Zone allowing for small business incentives to include accessible loans up to $50,000!
PROPERTY HIGHLIGHTS:
Four (4) On-Site Parking Spaces.
Fully Fenced Lot with Front Roll-Down Security Gate.
ADA-Compliant Access Ramp.
New Roof (2022).
New HVAC System (2022).
Updated Electrical & Plumbing (2020).
Tankless Water Heater.
Polished Concrete Floors, Exposed Brick, Custom Woodwork.
LENDING OPTION:
This property is well suited for SBA 504 financing, allowing qualified owner-users to, purchase with as little as ~10% down, secure long-term fixed-rate financing and build equity instead of paying rent while locking occupancy costs against future rent increases. For many small business operators, ownership payments may be comparable to current lease rates depending on structure and terms!
Full Property Details
Full Property Details for 21627 Sherman Way
General
- Price: $998,800
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: SR26038354
- Updated: 2/20/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Business
- Business Type: Retail
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Individual Room
Location
- County: Los Angeles
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Construction: Concrete, Stucco
- Roof: Rolled/Hot Mop
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1500
- Square Feet: 1,500
- Current Bldg. Use: See Remarks
- Year Built: 1941
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.0804
- Useable Acres: .0804
- Lot Size (Sq. Ft.): 3,501
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: 0-1 Unit/Acre, Near Public Transit, Walkstreet, Zero Lot Line
- Lot Description: 0-1 Unit/Acre, Near Public Transit, Walking Street, Zero Lot Line
- Fencing (Description): Chain Link
Financial Considerations
- Price Per Sq. Ft.: $665
Disclosures and Reports
- Investment: Yes
- Property ID: 2111019002
Listed by Rodeo Realty, Jesse JamesJohnston
Get Pre-Approved Today
Schools
Schools serving 21627 Sherman Way
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Canoga Park Elementary School 7438 Topanga Canyon Blvd., Los Angeles, CA 91303 | K-5 | 0.4 mi |
Christopher Columbus Middle School 22250 Elkwood St., Los Angeles, CA 91304 | 6-8 | 1 mi |
Canoga Park Senior High School 6850 Topanga Canyon Blvd., Los Angeles, CA 91303 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21627 Sherman Way
Date
Details
Price
Change
Source
2/20/2026
Listed
$998,800
101.78%
MLS
6/11/2019
Sold
$495,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 21627 Sherman Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,363
3%
$541,351
4%
2023
$7,124
5%
$520,331
2%
2022
$6,806
1%
$510,130
2%
2021
$6,712
-1%
$500,128
1%
2020
$6,758
175%
$495,000
104%
2019
$2,461
-31%
$242,511
2%
2018
$3,560
2%
$237,757
2%
2017
$3,480
3%
$233,096
2%
2016
$3,387
1%
$228,527
2%
2015
$3,346
—
$225,095
2%
2014
$3,358
—
$220,687
—
2013
$3,346
—
$219,691
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 21627 Sherman Way
21627 Sherman Way, Canoga Park, CA 91303 (MLS# SR26038354) is a Retail property. 21627 Sherman Way is currently listed for $998,800 and was received on February 20, 2026. Want to learn more about 21627 Sherman Way? Do you have questions about finding other Retail real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

