19103 Sherman Way

Reseda, CA 91335

  • 9 Bed(s)
  • 0 Bath(s)
  • 8,398 Sqft
  • 7214
    Sqft(Lot)
$2,000,000

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 income stream is provided by the on-site laundry facilities at the property.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50193462

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Property Details

  • Bedroom Information

    • Total Bedrooms : 9

    Bathroom Information

    • Total Baths: 10
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1968
    • Building Area Total: 8,398

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1656
    • Lot Size Dimensions: 50x146
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7214

  • Listing Price Information

    • Original List Price: 2,000,000
    • Listing Contract Date: 2025-06-16

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2104032001

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: RES - Reseda
    • Directions: We are pleased to announce the opportunity to purchase 19103 Sherman Way, a 10-unit multifamily property that contains three additional non-conforming units in Reseda, CA.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: RES - Reseda

    Building and Construction

    • Property Age: 57
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 8398
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 08/03/2025 @ 06:39

  • MLS: 25553143
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 8,398 sqft, 7,214 sized lot, and 0 parking. are nearby neighborhoods.