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$998,800
New Listing

21627 Sherman Way
Canoga Park, CA 91303

For Sale|Retail|Active
0
Beds
0
Total Baths
1,500
SqFt
$666
/SqFt
1941
Built
County:
Los Angeles
Listed by Jesse James Johnston of Rodeo Realty [email protected]
21627 Sherman Way21627 Sherman Way21627 Sherman Way21627 Sherman Way
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Monthly Payment (Est.)

$4,557
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Rare Owner-User Opportunity to acquire a ±1,500 SF Retail Storefront in the Sherman Corridor (Canoga Park Parts District) of Downtown Canoga Park. Ideal for an owner-user seeking long-term occupancy and stability in a high traffic-visibility neighborhood commercial corridor. Currently operating as a barber shop, the property is well suited for a salon, medical, boutique, Yoga / workout studio, café or comedy club! Recent capital improvements significantly reduce near-term maintenance exposure, making this a turnkey opportunity for immediate occupancy. This property is currently in a designated IRS Opportunity Zone for QOF’s. It’s also within the local JEDI Zone allowing for small business incentives to include accessible loans up to $50,000! PROPERTY HIGHLIGHTS: Four (4) On-Site Parking Spaces. Fully Fenced Lot with Front Roll-Down Security Gate. ADA-Compliant Access Ramp. New Roof (2022). New HVAC System (2022). Updated Electrical & Plumbing (2020). Tankless Water Heater. Polished Concrete Floors, Exposed Brick, Custom Woodwork. LENDING OPTION: This property is well suited for SBA 504 financing, allowing qualified owner-users to, purchase with as little as ~10% down, secure long-term fixed-rate financing and build equity instead of paying rent while locking occupancy costs against future rent increases. For many small business operators, ownership payments may be comparable to current lease rates depending on structure and terms!

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Listing Snapshot
Price 
$998,800
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0804 Acres
Year Built 
1941
MLS® Number 
SR26038354
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
20 hours agoListing first seen on site
20 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.0804
Additional Property Use 
See Remarks
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
4
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
1500
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
ConcreteStucco
Fencing 
Chain Link
Lot Features 
Near Public TransitZero Lot Line
Roof 
Rolled/Hot Mop
Community Features
Financing Terms Available 
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MLS Area 
CP - Canoga Park


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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