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$2,500,000 Just Listed
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Property Description
Christie's International Real Estate is pleased to present 18446-18452 Sherman Way, a prime 3-unit retail storefront investment opportunity located in the heart of Reseda. 2 Parcels being sold together APN #2125-001-006 & APN #2125-001-005. All three units are fully leased and occupied, with 1 Long-Term Month-to-Month tenant, providing immediate cash flow with flexibility for future repositioning or owner occupancy. Strategically positioned along a high-traffic corridor, the property offers excellent visibility and accessibility within a growing retail submarket. This is an exceptional opportunity for investors seeking stable in-place income with future upside, or for an owner-user looking to establish a presence in a prime Reseda location. Additional features include a large rooftop billboard with potential for added income, rear alley access for easy ingress and egress, approximately 10± on-site parking spaces, and ample street parking. An ideal acquisition for an owner-user looking to occupy one unit while generating income from the remaining spaces, or for an investor seeking to add value with a rare San Fernando Valley retail
asset.
Full Property Details
Full Property Details for 18446 18452 Sherman Way
General
- Price: $2,500,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: BB26098089
- Updated: 5/11/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Business
- Business Type: Variety, Retail, Upholstery, Commercial, Other, Carpet/
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Reseda Blvd, Sherman Way
Structural Information
- # Buildings: 2
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 8967
- Square Feet: 8,967
- Current Bldg. Use: Commercial
- Year Built: 1949
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.3444
- Useable Acres: .3444
- Lot Size (Sq. Ft.): 15,000
- Lot Size Source: Assessor
- Lot Features: Near Public Transit, Walkstreet
- Lot Description: Near Public Transit, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $278
Disclosures and Reports
- Property ID: 2125001006
Listed by Christie's RE SoCal, AnnaAmbarian and SarkisAmbarian
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Schools
Schools serving 18446 18452 Sherman Way
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Garden Grove Elementary School, Los Angeles, CA 18141 Valerio St., Los Angeles, CA 91335 | K-5 | 0.5 mi |
William Mulholland Middle School 17120 Vanowen St., Los Angeles, CA 91406 | 6-8 | 1.8 mi |
Reseda Senior High School 18230 Kittridge St., Los Angeles, CA 91335 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18446 18452 Sherman Way
Date
Details
Price
Change
Source
5/11/2026
Listed
$2,500,000
—
MLS
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 18446 18452 Sherman Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,249
4%
$195,089
4%
2023
$3,112
4%
$187,516
2%
2022
$2,995
2%
$183,840
2%
2021
$2,931
-1%
$180,237
1%
2020
$2,947
3%
$178,390
2%
2019
$2,860
7%
$174,894
2%
2018
$2,677
2%
$171,466
2%
2017
$2,628
5%
$168,105
2%
2016
$2,509
1%
$164,810
2%
2015
$2,480
-1%
$162,335
2%
2014
$2,505
—
$159,156
—
2013
$2,505
—
$158,437
—
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 18446 18452 Sherman Way
18446 18452 Sherman Way, Reseda, CA 91335 (MLS# BB26098089) is a Retail property. 18446 18452 Sherman Way is currently listed for $2,500,000 and was received on May 11, 2026. Want to learn more about 18446 18452 Sherman Way? Do you have questions about finding other Retail real estate for sale in Reseda? You can browse all Reseda real estate or contact a Coldwell Banker agent to request more information.

