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11023 Sherman Way

3,010 SF Industrial Building Sun Valley, CA 91352 $2,049,000 ($681/SF)

Investment Highlights

  • High Traffic Count
  • Redevelopment Opportunity
  • Owner-User Opportunity

Executive Summary

Presenting a unique opportunity for owners or investors! This 3,010 SF building on a 13,974 SF land is divided into two parcels: 5,499 SF (LAC2 zoning) and 8,475 SF (LAR3 zoning) in the highly sought-after Sun Valley area. Conveniently located just west of Vineland on Sherman Way, it provides easy access to major North Hollywood freeways, connecting swiftly to North Hollywood, Burbank, Van Nuys, Glendale, and Downtown Los Angeles.
This vacant property with immense potential is a blank canvas awaiting your vision. Situated in a very walkable neighborhood with an impressive daily traffic count exceeding 25,500, it's suitable for various uses. Motivated seller is open to reasonable offers!

Property Facts Under Contract

Price $2,049,000
Price Per SF $681
Sale Type Owner User
Sale Conditions Building in Shell Condition
Property Type Industrial
Property Subtype
Warehouse
  • Showroom
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.32 AC
Rentable Building Area 3,010 SF
No. Stories 1
Year Built 1960
Tenancy Single
Parking Ratio 8.3/1,000 SF
Clear Ceiling Height 12 FT
No. Drive In / Grade-Level Doors 1

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2315-028-020
Land Assessment
$335,514
Improvements Assessment
$29,404
Total Assessment
$364,918

zoning

Zoning Code C2-1LA (This property offers two APN's: 2315-028-020 LAC2 & 2315-028-025 LAR3)
C2-1LA (This property offers two APN's: 2315-028-020 LAC2 & 2315-028-025 LAR3)
  • Listing ID: 30288553

  • Date on Market: 12/19/2022

  • Last Updated:

  • Address: 11023 Sherman Way, Sun Valley, CA 91352

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