19103 Sherman Way, Reseda, CA 91335
Local realty services provided by:Better Homes and Gardens Real Estate Champions
19103 Sherman Way,Reseda, CA 91335
$2,000,000
- 9 Beds
- 10 Baths
- 8,398 sq. ft.
- Multi-family
- Active
Listed by:roderick 'rick' raymundo
Office:marcus & millichap
MLS#:25553143
Source:CRMLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$238.15
About this home
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.
Contact an agent
Home facts
- Year built:1968
- Listing ID #:25553143
- Added:102 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:10
- Living area:8,398 sq. ft.
Structure and exterior
- Year built:1968
- Building area:8,398 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$238.15
New listings near 19103 Sherman Way
- New$1,230,000Active5 beds 4 baths3,121 sq. ft.
7534 Balcom Avenue, Reseda, CA 91335
MLS# 25597501Listed by: KELLER WILLIAMS WESTLAKE VILLAGE - New$1,230,000Active5 beds 4 baths3,121 sq. ft.
7534 Balcom Avenue, Reseda, CA 91335
MLS# 25597501Listed by: KELLER WILLIAMS WESTLAKE VILLAGE - Open Sun, 1 to 4pmNew$850,000Active3 beds 2 baths1,367 sq. ft.
19427 Lemay Street, Reseda, CA 91335
MLS# 25597359Listed by: HARCOURTS PLUS - New$535,000Active3 beds 2 baths1,211 sq. ft.
18933 Kittridge Street #63, Reseda, CA 91335
MLS# 25591757Listed by: KELLER WILLIAMS LOS ANGELES - Open Sun, 2 to 5pmNew$799,000Active3 beds 2 baths1,356 sq. ft.
18842 Lemay Street, Reseda, CA 91335
MLS# 25595683Listed by: EXTAR - Open Sun, 1 to 4pmNew$850,000Active3 beds 2 baths1,367 sq. ft.
19427 Lemay Street, Reseda, CA 91335
MLS# 25597359Listed by: HARCOURTS PLUS - New$949,000Active3 beds 3 baths1,493 sq. ft.
6413 Jamieson Avenue, Reseda, CA 91335
MLS# GD25224742Listed by: STRATEGIC ESTATES GROUP - New$730,000Active2 beds 1 baths1,048 sq. ft.
19001 Vanowen, Reseda, CA 91335
MLS# NS25223697Listed by: LPT REALTY, INC - Open Sun, 1 to 5pmNew$420,000Active2 beds 1 baths940 sq. ft.
6520 Shirley Avenue #14, Reseda, CA 91335
MLS# 25596481Listed by: PERCH PROPERTIES - New$425,000Active2 beds 2 baths862 sq. ft.
19350 Sherman Way #103, Reseda, CA 91335
MLS# SR25223966Listed by: EQUITY UNION