12734 Sherman Way, North Hollywood, CA 91605 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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12734 Sherman Way, North Hollywood, CA 91605

$5,650,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Casey Lins | Casey.Lins@kidder.com
Lic#: 01902650
Broker: Courtesy of Kidder Mathews of California, Inc.

Co Listing Agent


Vincent Cook | vincent.cook@kidder.com
Lic#: 02012324
Broker: Courtesy of Kidder Mathews of California, Inc

Agent Remarks

We are excited to present 12734-12740 Sherman Way, a prime investment opportunity in the heart of North Hollywood, priced at a 5.41% CAP Rate! The property spans 9,921 SF of buildings on 19,807 SF of LAC2-zoned land, fully leased with 5 tenants generating $33,950 in monthly rental income. Located just off the Sherman Way/Coldwater Canyon intersection, which sees over 48,000 vehicles per day, this property enjoys outstanding visibility and easy access to major traffic routes. The asset consists of three separate structures, totaling 9,921 rentable SF with the following tenants: 1) retail building leased to a floral tenant, 2) multi-tenant automotive structure with six double-wide doors and twelve bays, accommodating three auto repair tenants, and 3) rear building leased to an auto body tenant With a lot size of 19,807 SF, the property provides ample onsite parking and excellent ingress/egress for tenants and customers. The property has gone through significant upgrades, which include: 1) New roof on building 12740, 2) Significant roof upgrades on building 12734, 3) NEW HVAC on building 12734, 4) Title 24 compliance on building 12734, 5) significant sewer line upgrades, and 6) additional upgrades throughout! This unique investment opportunity offers a stable tenant base with a solid in-place yield at a 5.41% CAP Rate on current income, with the potential to achieve a 7+% CAP Rate at market rents. Contact the listing broker for additional information.

Listing Details

Property type: (Commercial)
Status: Active
MLS# 25525611
Price: $5,650,000
HOA Fee is $0.00
Built in 1949
0.45 acres
Lot size: 0.4547
County: Los Angeles
Zoning: LAC2
MLS area: NHO - North Hollywood

Last Updated: 4/15/2025

 Days On Market (DOM): 25

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This listing belongs to the NHO - North Hollywood MLS area

Lat/Long: 34.200858, -118.410661.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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