MLS® ID: SR17258493
17721 Sherman Way
Los Angeles, California, 91335 $1,745,000
Owner-user or development opportunity at 17721 Sherman Way in the City of Reseda. Currently vacant the lot size is 11,918 with an existing building of 6,290 SF which has been used as a Body Shop for many years. The building will be delivered vacant which will give the new owner the options to either lease it out as a light body shop, owner user or to develop. The zoning is C2 and buyer shall verify the existing condition(s) and Transitional Height Ordinance to figure out the maximum number of units which can be built on this lot. The current strong market conditions, population growth, affordability issues and lack of apartment units makes this property a very attractive development opportunity in a dense location. The property is located on Sherman Way just west of White Oak Avenue in the City of Reseda. Furthermore, the property is located just minutes away from Balboa Park and Golf Course, Northridge University and 101 & 405 Freeways.