Available For Sale - Office

8,751 SF

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LISTED BY

Joseph Lising
Cushman & Wakefield, 949-372-4896
Eric Higuchi
Cushman & Wakefield, 949-330-2471

AVAILABILITY DETAILS

Size
8,751 SF
Price/SF
N/A - Contact for Info
Listing ID
SA529966
Notes
OFFERING PRICE UNPRICED

PROPERTY ADDRESS 17424 SHERMAN WAY,

VAN NUYS, CA 91406

COUNTY LOS ANGELES

PROPERTY TYPE SCHOOL (K-8)

YEAR BUILT 1956

TOTAL BUILDING AREA 8,751 +/-

TOTAL LAND AREA 40,256 SF / 0.92 AC

PARCEL 2228-020-015



Cushman & Wakefield (the “Broker”) is pleased to present the opportunity to purchase 17424 Sherman

Way, City of Los Angeles, County of Los Angeles, California, 91406 (the “Property”). The Property

consists of two parcels totaling 40,256 square feet and is currently improved with a ±8,751 square foot

building utilized as the Waldorf City School. The Waldorf City School presently serves children from

pre-kindergarten through 8th grade.

The Property is a rare opportunity to acquire an entitled private school site in the City of Los Angeles.

Project highlights include:

APPROVED SCHOOL LAND USE The Property has an approved CUP allowing a private school serving

grades pre-kindergarten through 8th. The CUP allows operation of a 100 student school in the current

facility (subject to minor improvements) and up 232 students in a contemplated expansion to a 20,000

square foot facility.

APPROVED DROP OFF/ PICK UP CONFIGURATION The CUP has an approved, primary vehicular

ingress via Enadia Way (planned) and egress via Andasol Avenue (existing).

DESIRABLE LOCATION The Property is located in the Lake Balboa Neighborhood in the City of Los

Angeles. It is within 2.5 miles of either I-405 or Hwy-101 which are the primary commuter corridors to

the major job centers in the region.

COVER LAND CALL The Property has an approved CUP, but it’s underlying zoning allows for various

residential uses.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Joseph Lising, Cushman & Wakefield