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Investment Highlights

  • Rare chance to acquire a landmark asset featuring Victorian architecture, irreplaceable character, and high visibility in the San Fernando Valley.
  • Distinctive 35,449-square-foot office property showcasing historic craftsmanship, ornate interiors, modern upgrades, and covered on-site parking.
  • Prominent Winnetka location near Westfield Topanga, California State University, Northridge, and major freeways, including the 101, 118, and 405.
  • Supported by over 512,000 residents and 252,000 daytime employees within 5-miles, providing a deep workforce and an established business base.

Executive Summary

Presenting a rare opportunity to acquire a true Los Angeles landmark at 19717-19725 Sherman Way in Canoga Park, California. This historic offering is an iconic 35,449-square-foot office property that blends historic character with modern functionality in a way few assets can replicate. Known as "The Victorian", due to its striking Victorian-inspired “Queen Anne confection,” the three-story building was masterfully crafted using salvaged architectural elements from some of Los Angeles’ most notable historic structures. Rich interior details, including stained glass windows, ornate plasterwork, decorative moldings, grand ceiling medallions, and period chandeliers, create an unforgettable tenant and visitor experience.

Extensively renovated throughout 2013 to 2014, the property offers beautifully built-out office suites with soaring ceilings, bay windows, and select private balconies. These suites are complemented by desirable amenities, including elevator service, air conditioning, on-site management, covered parking, signage opportunities, and telecommunications infrastructure.

Positioned on the highly traveled Sherman Way corridor at Corbin Avenue, 19717-19725 Sherman Way, commands exceptional visibility within the heart of the western San Fernando Valley. The location provides direct access to the thriving business and residential communities of Winnetka, Canoga Park, and Northridge while placing tenants and visitors within walking distance of popular restaurants, retailers, and everyday conveniences. Adjacent to Grocery Outlet and Starbucks and just minutes from Westfield Topanga, home to premier retailers including Nordstrom and Target, the property is surrounded by a dynamic mix of shopping, dining, and entertainment destinations. Convenient access to the 101, 118, and 405 freeways further enhances connectivity throughout Los Angeles, making the asset highly accessible from across the region.

19717-19725 Sherman Way is supported by a deep and diverse consumer and employment base, with more than 512,594 residents living within a 5-mile radius. The surrounding market is fueled by over 252,663 daytime employees, creating strong demand for office space and business services throughout the area. More than 85% of local employment is concentrated in service-producing industries, including professional and business services, finance, information, leisure, and hospitality, underscoring the area's economic strength and long-term stability. This combination of population density, employment concentration, and regional connectivity creates a compelling foundation for future occupancy, investment performance, and long-term value creation.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tours

3D Exterior

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Attachments

View the Floor Plan for Suite 310
View the Floor Plan for Suite 310 Floor 1
View the Floor Plan for Suite 310 Floor 2
View the Floor Plan for Suite 300

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Los Angeles - CA USA

Market Cap Rate

Los Angeles - CA USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Office/Residential
Building Size
35,449 SF
Building Class
B
Year Built/Renovated
1981/1989
Percent Leased
29%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,133 SF
Slab To Slab
11’
Building FAR
1.36
Lot Size
0.60 AC
Parcel Numbers
2115-019-023
Zoning
C1-1VL, P-1VL
Parking
72 Spaces (2.03 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Balcony
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
40,772
275,971
517,090
2020 Population
40,831
270,525
512,594
2030 Population
40,721
276,982
517,656
2025-2030 Projected Population Growth
-0.1%
0.4%
0.1%
Daytime Employees
6,991
135,108
252,663
Total Businesses
992
19,503
35,476
Average Household Income
$106,385
$110,193
$125,892
Median Household Income
$80,309
$82,514
$95,602
Total Consumer Spending
$442.3M
$3.2B
$6.6B
Median Age
40.4
39.8
41.2
2025 Households
12,500
94,565
181,337
Percent College Degree or Above
21%
21%
24%
Average Home Value
$727,301
$755,138
$836,069
$ values in USD

Sale Advisor

Sale Advisor

Karine Aslanian, Broker
A highly motivated real estate professional and marketing expert, Karine Aslanian brings a track record of success representing commercial and residential properties across Los Angeles.

Equipped with a BS degree in Management and Information Systems from Loyola Marymount University, Karine is an expert in market analysis, customer relationship management, purchasing and sales strategies. She serves as an invaluable guide to a diverse set of buyers and sellers, offering a proven ability to manage multiple transactions from conception to successful completion, and the ability to quickly troubleshoot issues and re-strategize to increase the effectiveness of her marketing. Known amongst her clients and colleagues as a strong leader who pays attention to the smallest of details, Karine is dedicated to helping her clients make the best decisions when it comes to their real estate needs.

In her time outside of real estate, Karine has been involved in her local Association of Realtor boards. She served as the President of the Women’s Council of REALTORS Verdugo Hills Chapter. She has served as an Ambassador for the La Canada Flintridge Chamber of Commerce. She always makes a point to give back to her community and is very involved with charitable organizations and is an active mentor to young youth.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More

Auction Contact

Sophy Cardenas
Auctioneer License: Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
  • Listing ID: 41178224

  • Date on Market: 2026-07-21

  • Last Updated:

  • Address: 19717-19725 Sherman Way, Canoga Park, CA 91306

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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