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16955 Sherman Way 4,212 sq ft Retail Property Van Nuys, CA 91406 For Sale

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EXECUTIVE SUMMARY

Approved Prime Mixed-Use Development Opportunity in Lake Balboa containing 111 Units with 4,500 sqft Retail on the Ground-Floor. Entitlements have been approved and the city is currently processing Construction Documents.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Standalone
Property Size
4,212 sq ft
Costar Property Class
B
Year Built
1973
Tenancy
Single
Number of Floors
1
Plot ratio
0.09
Total Plot Size
1.13 ac
Use Class
C1-1(Q)-CR-1, L A - Limited Commercial Local Retail Stores < 100,000 sq-ft, Offices or Businesses, Hotels, Hospitals and/or Clinics, Parking Areas, CR Uses except for
Parking
84 Spaces (10 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,212 sq ft
  • Retail
  • -
  • Dec 2025
Space Size Space Use Position Available
1st Floor 4,212 sq ft Retail - Dec 2025

1st Floor

Size
4,212 sq ft
Space Use
Retail
Position
-
Available
Dec 2025

1st Floor

Size 4,212 sq ft
Space Use Retail
Position -
Available Dec 2025

Walk Score®
Easily Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Lee's Sandwiches
Ralphs
Chase Bank
Club Pilates
Starbucks
Food 4 Less
Denny's
Body & Brain

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2227-003-017
Land Assessment
£3,354,127
Improvements Assessment
£0
Total Assessment
£3,354,127
  • Listing ID: 37642373

  • Date on Market: 11/09/2025

  • Last Updated:

  • Address: 16955 Sherman Way, Van Nuys, CA 91406

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