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$2,050,000 -$50,000 (-2.38%) Price Reduced
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Property Description
Rare Investment Opportunity in Winnetka - 3-Unit Commercial Property with Cell Tower Income!
Now available: A unique commercial investment located in the heart of Winnetka, featuring three fully functional commercial units and a profitable cell tower lease-a rare and highly sought-after asset for savvy investors.
Property Highlights:
Three Commercial Units - Versatile spaces suitable for office, retail, or service-oriented businesses.
Cell Tower Income - Generates passive revenue, enhancing the property's long-term value and ROI.
Two Parcels Included - Combined lot size of 15,780 sq ft (APN: 2135-016-008 & 2135-016-017).
Ample Parking - Generous lot area offers on-site parking and potential for expansion.
Prime Location - Conveniently situated with easy access to major roads and public transportation in a high-traffic Winnetka corridor.
This is a turnkey income-producing property with upside potential, whether you're looking to hold long-term or redevelop in the future.
Full Property Details
Full Property Details for 19740 Sherman Way
General
- Price: $2,050,000
- Taxes: $24,937
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: GD25172703
- Updated: 3/20/2026
- Days on Market: 227 days
- Added to Site: 231 day(s) ago
Business
- Business Type: Commercial, Multi-Tenant
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: West of Corbin
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 4005
- Square Feet: 4,005
- Current Bldg. Use: See Remarks, Investment, Commercial
- Year Built: 1956
- Year Built Source: Other
Lot Features
- Lot Size (Acres): 0.3623
- Useable Acres: .3623
- Lot Size (Sq. Ft.): 15,780
- Lot Size Source: See Remarks
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $511
- Tax Amount: $24,937
Disclosures and Reports
- Investment: Yes
- Property ID: 2135016008
Listed by Keller Williams R. E. Services, VartanAmbarian
Get Pre-Approved Today
Schools
Schools serving 19740 Sherman Way
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Shirley Avenue Elementary School 19452 Hart St., Los Angeles, CA 91335 | K-5 | 0.4 mi |
John A. Sutter Middle School 7330 Winnetka Ave., Los Angeles, CA 91306 | 6-8 | 0.4 mi |
Reseda Senior High School 18230 Kittridge St., Los Angeles, CA 91335 | 9-12 | 2.1 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 19740 Sherman Way
Date
Details
Price
Change
Source
3/20/2026
Price Reduced
$2,050,000
-2.38%
MLS
8/01/2025
Listed
$2,100,000
600%
MLS
5/12/2022
Sold
$300,000
—
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 19740 Sherman Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,927
1%
$770,714
2%
2024
$9,785
2%
$755,603
2%
2023
$9,605
25%
$740,788
23%
2022
$7,702
1%
$599,833
66%
2021
$7,592
53%
$360,551
1%
2020
$4,958
4%
$356,855
2%
2019
$4,784
4%
$349,859
2%
2018
$4,581
2%
$343,000
2%
2017
$4,487
3%
$336,275
2%
2016
$4,344
1%
$329,683
2%
2015
$4,286
-1%
$324,732
2%
2014
$4,311
—
$318,372
—
2013
$4,311
—
$316,934
—
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 19740 Sherman Way
19740 Sherman Way, Winnetka, CA 91306 (MLS# GD25172703) is a Retail property. 19740 Sherman Way is currently listed for $2,050,000 and was received on August 01, 2025. Want to learn more about 19740 Sherman Way? Do you have questions about finding other Retail real estate for sale in Winnetka? You can browse all Winnetka real estate or contact a Coldwell Banker agent to request more information.

