Properties

Canoga Park, CA 91303 21012 Sherman Way

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Presented By: David Weinberger with Keller Williams Studio City;
  • MLS# 25573261
  • 08/01/2025
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  • SQFT • 19,160

Home Details

21012-21034 Sherman Way comprises an automotive service center of four commercial buildings on three contiguous parcels. The portfolio offers 19,160 SF of RBA on a 65,148 SF lot situated along Sherman Way, anchored by signalized intersections. The asset benefits from excellent visibility prominent street signage, substantial frontage, and over 80 on-site parking spaces ensuring easy customer access for a car dealership, repair shop or body-work operation. The Portfolio features showrooms, offices, spray booths, hoists & 11 above-ground lifts, Clarifiers, above-ground tanks, updated fire suppression system, rotary lifts, separate primer zone. The offering presents investors with a value-add opportunity: reposition the asset with new tenants, enhance market rents on a NNN basis, and unlock upside through active management. It likewise suits an owner-user seeking to expand an existing automotive business in a high-traffic location. 21012 -21024 Sherman Way is a commercial property comprised of a retail showroom with signage and 42 feet of frontage along Sherman Way, 9 automotive bays, 2nd floor office space, and a freestanding building totaling 3 structures designated for vehicle sales and rentals. Built in 1962, the structures are 14,948 SF on a 51,000 SF lot, 25,500 of which is designated as a commercial parking lot with 80 parking spaces. The Property is currently leased to Nationwide Auto Exchange, an auto body repair and paint shop for vehicles. 21034 Sherman Way encompasses a 4,212 SF auto repair garage on a 14,049 SF lot with 4 bays, an office, spray-paint infrastructure, rotary lifts. 21034 Sherman Way is currently leased to Auto Craft Collision, an auto body repair and vehicle paint shop.
Presented By: David Weinberger with Keller Williams Studio City;

Interior Features for 21012 Sherman Way

Bathrooms

Total Baths

Other Interior Features

Total Stories2

General for 21012 Sherman Way

Cap Rate5.4
CityCanoga Park
Community FeaturesGated
CountyLos Angeles
DirectionsCross streets: Sherman Way & De Soto Ave
ElectricHeavy
HOA Fee$
Lot Size Square Feet65148
Lot Size UnitsSquare Feet
MLS AreaCP - Canoga Park
Net Operating Income255817
PostalCityWOODLAND HILLS
Property TypeCommercial Sale
Security FeaturesGated Community
Special Listing ConditionsProbate Listing
Standard StatusActive Under Contract
StatusActive Under Contract
Year Built1962
ZoningLAC2

Exterior for 21012 Sherman Way

Building Area Total19160
Lot FeaturesRectangular Lot
Lot Size Acres1.4956
Lot Size Area65148
Lot Size SourceAssessor
Number of Buildings4
Total Parking89

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,750,000
MLS#25573261
List Date 08/01/2025
Property Type Commercial
Phone 888.795.6274
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