Office Medical
20434 Sherman Way
20434 Sherman Way, Winnetka, CA 91306
Listing Price: $2,050,000
Investment Overview
Marcus & Millichap is pleased to present 20434-20440 Sherman Way, a rare opportunity to acquire a 3,915-square-foot freestanding medical office building in the thriving Winnetka submarket of Los Angeles. Located on a 10,097-square-foot parcel zoned C4 & P, this property provides 11 dedicated on-site parking spaces, offering exceptional convenience for both patients and staff. Additionally, ample street parking is available along Sherman Way, ensuring easy access for visitors.
The building is currently divided into two medical office suites – one measuring 975 square feet and the other 2,940 square feet—providing flexibility for an owner-user or investor. The larger suite can accommodate a variety of medical specialties, featuring six exam rooms, a spacious reception area, three private offices, a break room, and a dedicated lab space. The property can be delivered vacant at the close of escrow, making it an ideal fit for a medical professional seeking immediate occupancy or an investor looking to attract tenants in the growing healthcare sector.
Strategically positioned on Sherman Way, one of the San Fernando Valley’s busiest commercial corridors with over 36,000 vehicles passing daily, the property benefits from exceptional visibility and accessibility. It is just minutes from major economic hubs such as Westfield Topanga, the Warner Center, and the rapidly developing neighborhoods of Canoga Park and Woodland Hills. Winnetka itself is an established yet evolving community with a diverse population and increasing demand for medical services, making this location highly attractive for healthcare providers. With a population of over 484,048 people within a 5-mile radius, the area’s dense demographics offer a substantial patient base to support any type of practice.
Additionally, qualified buyers who intend to occupy at least 51% of the space may take advantage of favorable financing options, including 90% Loan-to-Value (LTV) Small Business Administration (SBA) loans. With a combination of prime location, high traffic exposure, and strong demographic growth, this offering represents a rare investment opportunity in a sought-after Los Angeles submarket.
20434 Sherman Way
Investment Highlights
- Freestanding Medical Office Building – 3,915 SF on a 10,097 SF parcel with C4 & P zoning, suitable for a variety of medical and professional uses
- Flexible Configuration – Two suites (975 SF and 2,940 SF) that can be easily combined for larger practice needs
- Ample On-Site Parking – 11 designated spaces located in the secured rear lot, providing convenience for patients and staff
- Immediate Availability – The property will be delivered vacant, enabling immediate occupancy or repositioning by a new owner
- High Visibility Location – Positioned along Sherman Way, one of the most heavily trafficked East/West corridors in the San Fernando Valley, with over 36,000 vehicles passing daily
- Proximity to Major Demand Drivers – Near Westfield Topanga, the Warner Center, and rapidly developing communities, enhancing patient accessibility and market presence
- Growth-Oriented Submarket – Surrounded by the flourishing neighborhoods of Winnetka, Canoga Park, and Woodland Hills, offering significant potential for patient base expansion
- Excellent Demographics: Population of 484,048 with an average household income of $125,710 within a 5-mile radius
Listing Price: $2,050,000
Investment Highlights
- Freestanding Medical Office Building – 3,915 SF on a 10,097 SF parcel with C4 & P zoning, suitable for a variety of medical and professional uses
- Flexible Configuration – Two suites (975 SF and 2,940 SF) that can be easily combined for larger practice needs
- Ample On-Site Parking – 11 designated spaces located in the secured rear lot, providing convenience for patients and staff
- Immediate Availability – The property will be delivered vacant, enabling immediate occupancy or repositioning by a new owner
- High Visibility Location – Positioned along Sherman Way, one of the most heavily trafficked East/West corridors in the San Fernando Valley, with over 36,000 vehicles passing daily
- Proximity to Major Demand Drivers – Near Westfield Topanga, the Warner Center, and rapidly developing communities, enhancing patient accessibility and market presence
- Growth-Oriented Submarket – Surrounded by the flourishing neighborhoods of Winnetka, Canoga Park, and Woodland Hills, offering significant potential for patient base expansion
- Excellent Demographics: Population of 484,048 with an average household income of $125,710 within a 5-mile radius
Investment Overview
Marcus & Millichap is pleased to present 20434-20440 Sherman Way, a rare opportunity to acquire a 3,915-square-foot freestanding medical office building in the thriving Winnetka submarket of Los Angeles. Located on a 10,097-square-foot parcel zoned C4 & P, this property provides 11 dedicated on-site parking spaces, offering exceptional convenience for both patients and staff. Additionally, ample street parking is available along Sherman Way, ensuring easy access for visitors. The building is currently divided into two medical office suites – one measuring 975 square feet and the other 2,940 square feet—providing flexibility for an owner-user or investor. The larger suite can accommodate a variety of medical specialties, featuring six exam rooms, a spacious reception area, three private offices, a break room, and a dedicated lab space. The property can be delivered vacant at the close of escrow, making it an ideal fit for a medical professional seeking immediate occupancy or an investor looking to attract tenants in the growing healthcare sector. Strategically positioned on Sherman Way, one of the San Fernando Valley’s busiest commercial corridors with over 36,000 vehicles passing daily, the property benefits from exceptional visibility and accessibility. It is just minutes from major economic hubs such as Westfield Topanga, the Warner Center, and the rapidly developing neighborhoods of Canoga Park and Woodland Hills. Winnetka itself is an established yet evolving community with a diverse population and increasing demand for medical services, making this location highly attractive for healthcare providers. With a population of over 484,048 people within a 5-mile radius, the area’s dense demographics offer a substantial patient base to support any type of practice. Additionally, qualified buyers who intend to occupy at least 51% of the space may take advantage of favorable financing options, including 90% Loan-to-Value (LTV) Small Business Administration (SBA) loans. With a combination of prime location, high traffic exposure, and strong demographic growth, this offering represents a rare investment opportunity in a sought-after Los Angeles submarket.
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