Commercial: MLS #0025573261 Canoga Park, CA $ 4,750,000
Commercial: MLS #0025573261
$ 4,750,000
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Commercial: MLS #0025573261

Canoga Park, CA, 91303
$ 4,750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 29,634

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Commercial Property for sale in Canoga Park, CA

for $4,750,000. This building was built in 1962.

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.

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Commercial Contingent

Price

$ 4,750,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1962

Town/City

Canoga Park

County/Region

Los Angeles

MLS | Web ID

0025573261

Features
General
Zoning LAC2
Security Features Gated Community
Year Built 1962
Electric Heavy
County Los Angeles
Net Operating Income 255817.0
Property Type F
Contingency Active Under Contract
Status Active Under Contract
City Canoga Park
MLS Area CP - Canoga Park
Lot Size Square Feet 0.0
Standard Status Active Under Contract
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Exterior
Lot Features Lot 20000-39999 Sqft Rectangular Lot
Lot Size Area 65148.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Stories 2
Total Baths 0
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* Excluded Features
List By
David Weinberger

Listing Agent

Keller Williams Studio City

Broker

Affordability Calculator

$29,634
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,634
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/2/2025$4,750,000 Listed Price

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