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16955 Sherman Way
Van Nuys, CA 91406 Lake Balboa

Price Upon Request

Freestanding For Sale  •  4,212 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,212 SF
  • Lot Size 1.13 AC
  • Building Class B
  • Year Built 1973
  • Tenancy Single
  • Zoning C1-1(Q)-CR-1, L A
43 Transit Score
77 Walk Score

Highlights

Approved mixed-use development opportunity in Lake Balboa with entitlements for 111 residential units and 4,500 square feet of ground-floor retail.
Located on a 1.13-acre site with C1-1 (Q)-CR-1 zoning, supporting a range of commercial and residential uses.
Existing structure is a 4,212-square-foot freestanding retail building built in 1973, offering redevelopment potential.
Ample on-site parking with 84 spaces, providing convenience for future retail tenants or visitors.
Situated in a highly walkable area (Walk Score of 77) with proximity to major retail, dining, and service amenities.
Easy access to key transportation routes and regional connectivity within the San Fernando Valley.

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.5 mi
Northridge (Pacific Surfliner - Amtrak) 10 min - 4.5 mi
AirportDriveWalkDistance
Bob Hope 18 min - 8.6 mi
Los Angeles International 32 min - 22.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 84
Type: Surface
Included in Rent: Yes
Sam S. Manoukian 818-335-0935 Sam S. Manoukian, CCIM
Sam S. Manoukian 818-335-0935 Sam S. Manoukian, CCIM