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$1,600,000
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Property Description
Perfect Owner/User Commercial Property in Prime Location.
Welcome to 18515 Sherman Way, Reseda - an exceptional opportunity awaits in this versatile commercial property ideally situated on a bustling Main Street with abundant foot traffic. 4710 Sqft of usable space could be used for retail, Doctor or Dentist office. Market or Restaurant use. Key Features:
-Prime Location: Positioned on Sherman Way, one of Reseda's prominent thoroughfares, ensuring maximum visibility and exposure for your business.
: This property offers versatility with its two distinct sections, allowing for diverse usage options to suit your business needs.
-Convenient Street-Level Access: With street-level access, your business is easily accessible to passersby, enhancing convenience for customers.
-Parking: Benefit from dedicated parking space in the rear of the property, providing ease and convenience for both customers and employees.
Don't miss out on this incredible opportunity to own a commercial property in a high-traffic location. This property offers the perfect canvas to bring your vision to life.
Contact us today to schedule a viewing and secure your place in Reseda's thriving business landscape!
Full Property Details
Full Property Details for 18515 Sherman Way
General
- Price: $1,600,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: SR24061977
- Updated: 11/4/2025
- Days on Market: 668 days
- Added to Site: 674 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: West of Reseda Blvd on Shernan Way
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 4710
- Square Feet: 4,710
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.1722
- Useable Acres: .1722
- Lot Size (Sq. Ft.): 7,503
- Lot Size Source: Assessor
- Lot Features: Level with Street
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $339
Disclosures and Reports
- Property ID: 2118029013
Listed by Re-Search Concept, BridgetteHarabedian and HenryHarabedian
Get Pre-Approved Today
Schools
Schools serving 18515 Sherman Way
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Reseda Elementary School 7265 Amigo Ave., Los Angeles, CA 91335 | K-5 | 0.2 mi |
Northridge Middle School 17960 Chase St., Los Angeles, CA 91325 | 6-8 | 1.7 mi |
Reseda Senior High School 18230 Kittridge St., Los Angeles, CA 91335 | 9-12 | 0.9 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 18515 Sherman Way
Date
Details
Price
Change
Source
6/27/2025
Price Reduced
$1,600,000
-3.03%
MLS
3/27/2024
Listed
$1,650,000
—
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 18515 Sherman Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,753
3%
$1,251,607
4%
2023
$15,258
5%
$1,203,008
2%
2022
$14,566
1%
$1,179,420
2%
2021
$14,373
-1%
$1,156,295
1%
2020
$14,512
4%
$1,144,440
2%
2019
$13,953
67%
$1,122,000
73%
2018
$8,361
2%
$649,164
2%
2017
$8,186
3%
$636,436
2%
2016
$7,959
1%
$623,958
2%
2015
$7,848
—
$614,587
2%
2014
$7,884
—
$602,549
—
2013
$7,884
—
$599,827
—
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 18515 Sherman Way
18515 Sherman Way, Reseda, CA 91335 (MLS# SR24061977) is a Retail property. 18515 Sherman Way is currently listed for $1,600,000 and was received on March 27, 2024. Want to learn more about 18515 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.

