18743 Sherman Way, Reseda, CA
Land for Sale - $2,800,000 - 0.66 acres
Property Info
| CIMLS# | 915718 |
| Location 18743 Sherman Way Reseda CA 91335 | |
| Updated | October 29th, 2016 |
| Type | Land |
| Price | $2,800,000 |
| Land | 0.66 acres |
Property Description
The subject is a potential multi-family/retail development site. Currently operating as a six-unit auto center, this opportunity offers a developer income during the entitlement process.
A new development is just east of subject for 7,000 SF of commercial on ground floor and 30 apartment units above with a total of 4 levels. The subject has the same potential for commercial and apartment development.
Location Description:
The subject is located on Sherman Way between Reseda Blvd. and Wilbur Ave.
Highlights:
>> Possible 7,000 SF Commercial and 30 Unit Apartments.
>> 28,802 SF Total Lot Size.
>> Densely Populated Area.
>> Currently Operating as a Six (6)-Tenant Auto Center.
>> Similar Development Underway Just One Building East.
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