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19738-19742 Sherman Way
Winnetka, CA 91306

$1,995,000 USD

Storefront For Sale  •  4,005 SF

Property Details

  • Property Type Storefront
  • Total Building Size 4,005 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 4.30 %
  • Tenancy Multiple
  • Zoning LAC4
43 Transit Score
74 Walk Score

Highlights

GREAT INVESTMENT PROPERTY IDEAL FOR 1031 EXCHANGE
Front Lot APN # 2135-016-008, ( 8,104 Sq Ft ) Zoned LAC4 ,
( Vacant Parcel behind property ) Also available for sale
6 Parking Spaces
Separately metered for gas/electricity
Cell Tower

Financial Summary (Actual)

Net Operating Income: $85,731 USD (2023)
Cap Rate: 4.30 %
Total Expenses: $28,437 USD

Major Tenants

Tenant SF Occupied Lease End Date
Cell Tower Co 900 SF 6/14/2043
Queen's Beauty Salon 1,100 SF 10/1/2026
Yolandas Bakery 2,000 SF 10/1/2025

Public Transportation

Commuter RailDriveWalkDistance
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.2 mi
Chatsworth (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 5.8 mi
AirportDriveWalkDistance
Bob Hope 24 min - 13.8 mi
Los Angeles International 36 min - 25.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Anna Ambarian 818-331-3621 Keller Williams Realty
Anna Ambarian 818-331-3621 Keller Williams Realty