19740 Sherman Way, Winnetka, CA 91306
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19740 Sherman Way Winnetka, CA 91306

$1,995,000
  • -- Beds
  • -- Baths
  • 4,005 Sq.Ft.
For Sale
$1,995,000 Get Pre-Qualified

Map preview of 19740 Sherman Way, Winnetka, CA 91306

Property Overview: 19740 Sherman Way Winnetka, CA has -- bedrooms, -- bathrooms, 4,005 living square feet and 8,104 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: "Outstanding multi-tenant investment property featuring three long-term tenants, including a cell tower with a secured long term lease. The property is separately metered for gas and electricity, offers 6 parking spaces, and is strategically located in a high-traffic area ensuring strong visibility and accessibility. CAP Rate is 4.30% and Zoning is LAC4 "

Listed by Anna Ambarian | BRE #01040774 | Keller Williams Real Estate Services
Co-listed by Vartan Ambarian | BRE #00983815 | Keller Williams R. E. Services
Last checked: 13 minutes ago | Last updated: August 16th, 2024 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
8,104
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Retail
Status
Active
MLS#
BB24169186
City
Winnetka
County
Los Angeles
Time on Site
34 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $2,330
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $3,217
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $3,966
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $119,448
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $3,000
  • Other Expenses: $500

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Property Details for 19740 Sherman Way

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 6
  • Parcel Number: 2135016008
  • Year Built Source: Other
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of Corbin
View more facts & features

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Sale History for 19740 Sherman Way

Last sold for $320,000 on August 30th, 2019
  • August, 2024

  • Aug 15, 2024

    Date

    Expired

    CRMLS: GD23172487

    $2,150,000

    Price

  • Sep 14, 2023

    Date

    Active

    CRMLS: GD23172487

    $2,150,000

    Price

  • Listing provided courtesy of CRMLS

    3 unit commercial property with Cell tower in Winnetka. Property consists of 2 parcels totaling 15,780 sq. ft.! APN # 2135-016-008 & APN # 2135-016-017

  • August, 2024

  • Aug 15, 2024

    Date

    Active

    CRMLS: BB24169186

    $1,995,000

    Price

  • September, 2023

  • Sep 14, 2023

    Date

    Expired

    CRMLS: GD23008377

    $2,175,000

    Price

  • Jan 16, 2023

    Date

    Active

    CRMLS: GD23008377

    $2,175,000

    Price

  • Listing provided courtesy of CRMLS

    3 unit commercial property with Cell tower in Winnetka. Property comes with 2 parcels totaling 15780 sq ft lot!! APN#2135-016-008 & 2135-016-017

  • August, 2019

  • Aug 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

  • August, 2018

  • Aug 23, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 19740 Sherman Way

Assessed Value (2020): $356,855
Year Land Value Improved Value Assessed Value
2020 $155,312 $201,543 $356,855

Home Value Compared to the Market

This property vs the competition

19740 Sherman Way is listed 140.07% higher than the median list price for the city of Winnetka which has a median list price of $831,000. The median price per/sqft for Winnetka is $506 and this home is listed at $498.13 per/sqft which puts the price per square foot 1.56% lower than the median price per square foot for the city of Winnetka.

About 19740 Sherman Way

Detailed summary of property

19740 Sherman Way is a retail located in Winnetka, CA 91306 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 4,005 living square feet, and sits on an approximately 8,104 square foot lot. 19740 Sherman Way was first listed on ArdentRealEstateGroup.com on August 16, 2024. The homeowner is currently asking $1,995,000. The median priced home in Winnetka is $831,000 with a median price per square foot of $506. Based on Ardent Real Estate Group's Winnetka Market Data, this home is listed 140.07% higher than the median priced home. Local competing homes currently for sale include 14316 Amar Rd, 666 S Sunset Ave and 6025 Beach Blvd. While the average home in Winnetka, CA is selling in 45 days, 19740 Sherman Way has a days on market of 31 days. There are currently 93 homes for sale in the Winnetka real estate market and 65 of them are single family homes while 16 of them are condos and 12 are townhomes. For more information on this home for sale at 19740 Sherman Way Winnetka, CA 91306 contact Ardent Real Estate Group and we will put you in touch with one of our Winnetka agents.

Public Facts for 19740 Sherman Way

Public county record property details
Beds
--
Baths
--
Year built
1956
Sq. Ft.
4,005
Lot Size
8,104
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
2135-016-008

The source for these homes facts are from public records.

91306 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$829,900
Median List Price/Sq.Ft.
$502
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$515
Total Inventory
94
Median Sale to List Price %
107.83%
Avg Days on Market
19
Loan Type
Conventional (23.08%), FHA (7.69%), VA (0%), Cash (7.69%), Other (38.46%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.