Majestic Plaza

18341 Sherman Way, Reseda, CA 91335

Property Information

  • For Lease $1.65 - $1.95/SF/MO
  • Property Type Retail - Street Retail
  • Property Size 40,200 SF
  • Lot Size 1.18 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1952
  • Date Updated Apr 23, 2026

Description

Majestic Plaza is a 40,200-square-foot street retail property situated on a 1.18-acre lot in Reseda, CA. Built in 1952, the multi-tenant building offers diverse retail spaces suitable for businesses seeking a presence in a well-established area. The property is located along Sherman Way, ensuring visibility and accessibility for tenants.

The Reseda neighborhood has a Walk Score of 88 out of 100 points, indicating that many locations can be reached on foot, which is advantageous for retail businesses drawing local foot traffic. Nearby parking options include LADOT Lot 640, approximately 0.08 miles away, and LADOT Lot 622, about 0.14 miles away, offering convenience for customers arriving by car.

4 Spaces Available

18341 Sherman Way 2nd Floor

Space Type

Retail

Lease Rate

$1.65 - $1.95/SF/MO

Total Space

1,714 SF

Additional Space Type

General Office

Floor

2

Divisible Space

1,714 - 1,714 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

18341 Sherman Way 2nd Floor

Space Type

Retail

Lease Rate

$1.65 - $1.95/SF/MO

Total Space

1,741 SF

Additional Space Type

General Office

Floor

2

Divisible Space

1,741 - 1,741 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

18341 Sherman Way 2nd Floor

Space Type

Retail

Lease Rate

$1.65 - $1.95/SF/MO

Total Space

746 SF

Additional Space Type

General Office

Floor

2

Divisible Space

746 - 746 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

18341 Sherman Way 2nd Floor

Space Type

Retail

Lease Rate

$1.65 - $1.95/SF/MO

Total Space

1,122 SF

Additional Space Type

General Office

Floor

2

Divisible Space

1,122 - 1,122 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

Contacts

Richard L. Paley

Paley Commercial Real Estate

Howard Bass

Paley Commercial Real Estate

Location

Located at 18341 Sherman Way, Reseda, CA 91335, this property is part of the Reseda neighborhood and Los Angeles market.

Contact Majestic Plaza
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