20847 Sherman Way - Office FOR SALE


Canoga Park, CA 91306
$2,899,000 USD
818-355-4906
20847 Sherman Way, Canoga Park, CA for Sale
$2,899,000 USD
Office - FOR SALE
1/107
null | Request Cap Rate

20847 Sherman Way
Canoga Park, CA 91306


HIGHLIGHTS

  • Located near the Warner Center business district.
  • Multi-tenant office configuration supports flexible occupancy strategies.
  • Three-story building with elevator service.
  • Renovated building improvements completed in 2018.
  • Direct frontage along Sherman Way provides strong visibility.
  • On-site parking available for tenants and visitors.

OVERVIEW

20847 Sherman Way presents an opportunity to acquire a multi-tenant office asset positioned along a well-traveled commercial corridor in Canoga Park, immediately adjacent to the Warner Center district. The three-story building benefits from direct frontage on Sherman Way, providing visibility and accessibility within one of the western San Fernando Valley's established business environments. The property's location places it near a concentration of office, retail, dining, and service amenities that support daily business operations and employee convenience. The building has undergone capital improvements, including renovation work completed in 2018, helping support continued occupancy and long-term functionality. Elevator service, on-site parking, and multiple tenant configurations provide flexibility for owner-users, investors, or organizations seeking a combination of occupancy and income potential. The property's multi-tenant layout offers the ability to accommodate a range of professional office users while preserving future leasing and repositioning opportunities. The surrounding Warner Center area continues to serve as a significant employment and commercial hub within the San Fernando Valley, benefiting from regional connectivity via US-101 and other major transportation corridors. Nearby retail destinations, business services, and residential communities contribute to a diverse demand base for office occupancy. The property's location within this established commercial district supports both operational convenience and long-term market relevance. For buyers seeking an office investment or owner-user acquisition in the western San Fernando Valley, 20847 Sherman Way offers an existing office infrastructure, recent improvements, and access to one of the region's recognized business districts.

FOR SALE DETAILS

PRICE

$2,899,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Crown Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C-3

APN/PARCEL ID

2113-013-004

ASK ABOUT THIS PROPERTY

Karine AslanianAKG | Christie's International Real EstateMore Info
818-355-4906

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Karine AslanianAKG | Christie's International Real EstateMore Info
818-355-4906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.