Commercial > Retail
Sold
01/22/2020
Sold Price
$4,587,045$103/ft²
16040 Sherman Way
Van Nuys, CA 91406
- -Bed
- -Bath
- 44,636ft²Living Area
- 2.4acLot Size
- -Pool
- -Car
- 2022Year Built
- -DOM
- 32Permits
16040 Sherman Way, Van Nuys, CA 91406 is a 44,636 ft² commercial retail property property built in 2022 on a 2.374 acre lot with 32 construction permits. This commercial retail property is currently off market, and it was last sold in 2020 for $4,587,045.
Permits
16040 Sherman Way has 32 permit records of total value of $5,367,795.
Permit History
32
Permits
$5,367,795
Total Permit Value
August 30, 2022
Description: Major remodel of (e) 1 story type iiib retail store to market; new nfpa-13 fire sprinklers parking restriping new landscaping of entire lot. The hours of operation shall be limited to 7:00 A.M. To 11:00 P.MJob Value: $5,000,000Status: finalType: Bldg-additionSub Type: CommercialBusiness Name: Ernesto Quedas; Padelford AJ& SON INC0Effective Date: 2022-08-30Permit Number: 19014-10000-05913
July 28, 2022
Description: ***no fees** dept error to capture engineer of record** supplemental permit to 19014-10000-05913 capture engineer of recordStatus: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: Baroonian Armen; Davis Timothy F; Padelford AJ& SON INC; Rogers Mark Alan; Tony Chotibhongs0Effective Date: 2022-07-28Permit Number: 19014-10002-05913
June 10, 2022
Description: Dock levelerStatus: finalType: ElectricalSub Type: Special equipmentBusiness Name: Summit Electric & Data INCEffective Date: 2022-06-10Permit Number: 22041-90000-18993
May 18, 2022
Description: Installation of 1ph 200amp 240v meter 2 ground rods 1- 1 ph 200amp distribution panel for construction powerStatus: finalType: ElectricalSub Type: CommercialBusiness Name: Power PlusEffective Date: 2022-05-18Permit Number: 21041-30000-07334
May 3, 2022
Description: Full pc for a new service 1600a (277/480) that feeds three distribution boards two at 1600a and one at 800a. These distribution boards feed various subpanels and other associated equipment. Total affected area is 159, 357 sqft. Per bulding ((change of use from retail to market and addition (35718 sf) total floor area or remodel + addition is 43845. Upgrade redsign entire ____________ for lateral and foundation system.))Status: finalType: ElectricalSub Type: CommercialBusiness Name: MEL Fajardo; Summit Electric & Data INC0Effective Date: 2022-05-03Permit Number: 19041-10000-44605
April 25, 2022
Description: Low voltage cat5e/cat6 for cameras/computers and access points fiber for network 16/2 for speakersStatus: finalType: ElectricalSub Type: CommercialBusiness Name: Cabling Solutions UnlimitedEffective Date: 2022-04-25Permit Number: 22041-90000-05869
April 22, 2022
Description: Plan check for new fire sprinklers. 6-inch fire meter. Existing 6-inch fire service lineStatus: finalType: Fire sprinklerSub Type: CommercialBusiness Name: RL Fire Protection INC; Ruben Lara0Effective Date: 2022-04-22Permit Number: 20043-10000-06208
April 22, 2022
Description: Ti: potable water waste & vent rain water & sump pumps and gas systems (existing 2 water meter)Status: finalType: plumbingSub Type: CommercialBusiness Name: Mbse; Nasrollahi Tahmoores; Westar Plumbing Company INC0Effective Date: 2022-04-22Permit Number: 19042-20000-26688
April 21, 2022
Description: Irrigation backflow deviceStatus: finalType: plumbingSub Type: CommercialBusiness Name: Westar Plumbing Company INCEffective Date: 2022-04-21Permit Number: 22042-90000-08095
April 21, 2022
Description: HVAC for tenant improvement: general HVAC type I hoods and type - ii hoodsStatus: finalType: HVACSub Type: CommercialBusiness Name: Accountable AIR Conditioning Incorporated; Mbse; Nasrollahi Tahmoores0Effective Date: 2022-04-21Permit Number: 19044-20000-13464
April 20, 2022
Description: Ladwp toilet program: replace (1) 1.5gpf with 0.125gpf urinalsStatus: finalType: plumbingSub Type: CommercialBusiness Name: Westar Plumbing Company INCEffective Date: 2022-04-20Permit Number: 22042-90000-07370
April 19, 2022
Description: Installation of (1) 200amp panel overhead to distribution to buildingStatus: finalType: ElectricalSub Type: CommercialBusiness Name: Bray SR LLCEffective Date: 2022-04-19Permit Number: 21041-90000-04167
April 19, 2022
Description: Installing a 200 amp temporary power pole and a 200 amp sub panel for constructionStatus: finalType: ElectricalSub Type: CommercialBusiness Name: Bray SR LLCEffective Date: 2022-04-19Permit Number: 21041-90000-03990
April 19, 2022
Description: Remove & re-compact: remove existing rock and fill below the proposed slabs on grade replace with compacted base/fill under the direction of the project soils engineer. Becky@padelford.comJob Value: $4,093Status: finalType: GradingSub Type: CommercialBusiness Name: Dermendjian Raffi Hrag; George Marquez; Padelford AJ& SON INC; Wootton Reuben A0Effective Date: 2022-04-19Permit Number: 21030-10000-03281
April 18, 2022
Description: Install (1) new illuminated double-faced pole sign: height = 42 width = 18'-6 cabinet = 4'x18'-6Job Value: $20,000Status: finalType: SignSub Type: OnsiteBusiness Name: Jacob Tony; Mega HZ Electric INC0Effective Date: 2022-04-18Permit Number: 21048-30000-01502
April 18, 2022
Description: Supplemental to 19014-10000-05913 (for site light poles and bases). Deferred submittal: installation of site light poles and concrete basesJob Value: $501Status: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: George Marquez; Padelford AJ& SON INC0Effective Date: 2022-04-18Permit Number: 19014-10006-05913
April 16, 2022
Description: Installation of refrigeration machinery room ventilation systemStatus: finalType: HVACSub Type: CommercialBusiness Name: Prime Refrigeration SystemsEffective Date: 2022-04-16Permit Number: 19044-20000-13670
April 15, 2022
Description: Install 3 illuminated wall signs: 4) 14.96 sf. 16 x 11'3 5) 15.84 sf. 16 x 11'11 6) 193.0 sf. 7'6 x 25'9Job Value: $17,850Status: finalType: SignSub Type: OnsiteBusiness Name: Mega HZ Electric INCEffective Date: 2022-04-15Permit Number: 21048-30000-01202
April 15, 2022
Description: Plan check for a new fire alarm system to partial of an existing commercial building. System includes (86) devices (1) facp and (11) smoke detectorsStatus: finalType: ElectricalSub Type: CommercialBusiness Name: BAY Alarm CompanyEffective Date: 2022-04-15Permit Number: 21041-10000-01128
April 15, 2022
Description: Install 3 illuminated wall signs: 1) 237.4 sf 8'4 x 28'6 2) 17.5 sf 16 x 13'2 3) 16.73 sf. 16 x 12'7Job Value: $17,850Status: finalType: SignSub Type: OnsiteBusiness Name: Mega HZ Electric INCEffective Date: 2022-04-15Permit Number: 21048-30000-01201
April 13, 2022
Description: Supplemental to permit # 19014-10000-05913: 1. All existing drive approaches to remain no widening as proposed under the main permit 2. Change the two north sherman way drive approaches to one way only and added signage. 3. Revise landscape area planters for removal/addition of parking. 4. Revise parking/structural inventoryJob Value: $501Status: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: George Marquez; Marinescu Cristian; Padelford AJ& SON INC0Effective Date: 2022-04-13Permit Number: 19014-10005-05913
April 13, 2022
Description: Supplemental permit to 19014-10000-05913 for design & installation of insulation panels for coolers and freezersJob Value: $165,000Status: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: George Marquez; Padelford AJ& SON INC; Thorpe William Howard0Effective Date: 2022-04-13Permit Number: 19014-10007-05913
April 13, 2022
Description: Supplemental to #19014-10000-05913 for the deferred submittal for roof trussesJob Value: $12,000Status: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: Baroonian Armen; Padelford AJ& SON INC; Worthley Walter F0Effective Date: 2022-04-13Permit Number: 19014-10003-05913
April 11, 2022
Description: Ladwp toilet program: addition (quantity: 2) 1.5 gpf urinals with 125 low flow urinalsStatus: finalType: plumbingSub Type: CommercialBusiness Name: Westar Plumbing Company INCEffective Date: 2022-04-11Permit Number: 21042-90000-09679
April 11, 2022
Description: Supplemental to #19014-10000-05913 for revsion of methane plan detailsJob Value: $15,000Status: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: Baroonian Armen; Padelford AJ& SON INC; Worthley Walter F0Effective Date: 2022-04-11Permit Number: 19014-10004-05913
April 11, 2022
Description: Addition drain for fire riserStatus: finalType: plumbingSub Type: CommercialBusiness Name: Westar Plumbing Company INCEffective Date: 2022-04-11Permit Number: 21042-90000-82734
April 11, 2022
Description: Installation of new storage racks (10'-0 height max) in (e) grocery storeJob Value: $60,000Status: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: Higgins Peter Shea; James Webb; John's Installations INC0Effective Date: 2022-04-11Permit Number: 21016-10000-21803
April 11, 2022
Description: Sewer cap permitStatus: finalType: plumbingSub Type: CommercialBusiness Name: TTS Engineering INCEffective Date: 2022-04-11Permit Number: 21042-90000-15074
April 11, 2022
Description: Installation of grease interceptorStatus: finalType: plumbingSub Type: CommercialBusiness Name: Westar Plumbing Company INCEffective Date: 2022-04-11Permit Number: 21042-90000-15181
February 2, 2022
Description: Methane mitigation (soil vapor intrution)Status: finalType: plumbingSub Type: CommercialBusiness Name: George Marquez; Padelford AJ& SON INC; Wootton Reuben A0Effective Date: 2022-02-02Permit Number: 21042-20000-16978
July 15, 2021
Description: Early start permit to remove interior non bearing partitions bathrooms to remainJob Value: $55,000Status: finalType: Bldg-alter/repairSub Type: CommercialBusiness Name: Padelford AJ& SON INCEffective Date: 2021-07-15Permit Number: 19016-20000-26905
January 16, 2019
Description: Remove outdoor hid fixtures and replace with new led fixtures. T-24 onlyStatus: finalType: ElectricalSub Type: CommercialBusiness Name: Herzog MB Electric INCEffective Date: 2019-01-16Permit Number: 18041-10000-41669
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$220,774.43From latest Total Assessed Value1.25%Total Assessed Value$17,676,780=Land+
Assessed Value$15,008,200Additions
Assessed Value$2,668,580
In 2023, taxes billed for 16040 Sherman Way were $220,774.43, which is 1.25% from latest Total Assessed Value of $17,676,780.
Property History
16040 Sherman Way has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 16040 Sherman Way
Hazard Risks
Earthquake410Carb Mono172Ozone118Air Pollution112Particulates105Lead101Nat'l Avg100Tornado33Weather17Hurricane8Hail4Wind2
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 16040 Sherman Way.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
16040 Sherman Way has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
44°F
High
67°F
Summer
Average
Low
59°F
High
89°F
In the winter at 16040 Sherman Way, temperatures range from 43.88°F to 66.92°F with an average of 55.4°F. In the summer, the temperature ranges from 58.5°F to 89.01°F with and average of 73.76°F.
School Information
Public/private schools serving 16040 Sherman Way
Public Schools
Bassett Street Elementary School
Grades: KG-5
0.50 mi
D+
Birmingham High School
Grades: 9-12
1.72 mi
Mulholland Middle School
Grades: 6-8
1.37 mi
C-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 16040 Sherman Way have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Van Nuys, Van Nuys, CA 91406.
Seasonal Housing units 91406
6%of housing is for seasonal rent.
Daytime Population for 91406
+13%of people during work hours.
Boundary map of Van Nuys.
Crime Index for 91406
102
102
The crime index in 91406 is 102, which is 1.0 times higher than national average.
Market Trends
Historical market data near 16040 Sherman Way over selected time period.
Nearby Properties on Sherman Way
- 15425 Sherman Way #Apt 316, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 318, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 319, Van Nuys, CA 91406 (Sonterra) is a 590 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $356,175 with a price per ft² of $604.
- 15425 Sherman Way #Apt 320, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 321, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 322, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 220, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 221, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 222, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1980 and has an estimate of $351,981 with a price per ft² of $858.
- 15425 Sherman Way #Apt 243, Van Nuys, CA 91406 (Sonterra) is a 710 square foot, 2 bedroom, 1 bathroom, 0.02 acre property. It was built in 1976 and has an estimate of $444,969 with a price per ft² of $627.
- 15425 Sherman Way #Apt 329, Van Nuys, CA 91406 (Sonterra) is a 580 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $344,265 with a price per ft² of $594.
- 15425 Sherman Way #Apt 330, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 332, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 333, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 334, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 335, Van Nuys, CA 91406 (Sonterra) is a 420 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $448,505 with a price per ft² of $1,068.
- 15425 Sherman Way #Apt 345, Van Nuys, CA 91406 (Sonterra) is a 590 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $356,175 with a price per ft² of $604.
- 15425 Sherman Way #Apt 346, Van Nuys, CA 91406 (Sonterra) is a 580 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $344,265 with a price per ft² of $594.
- 15425 Sherman Way #Apt 348, Van Nuys, CA 91406 (Sonterra) is a 610 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $356,872 with a price per ft² of $585.
- 15425 Sherman Way #Apt 349, Van Nuys, CA 91406 (Sonterra) is a 710 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1976 and has an estimate of $425,568 with a price per ft² of $599.
- 15425 Sherman Way #Apt 245, Van Nuys, CA 91406 (Sonterra) is a 590 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $356,175 with a price per ft² of $604.
- 15425 Sherman Way #Apt 247, Van Nuys, CA 91406 (Sonterra) is a 590 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $356,175 with a price per ft² of $604.
- 15425 Sherman Way #Apt 218, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 324, Van Nuys, CA 91406 (Sonterra) is a 410 square foot, 1 bathroom, 0.01 acre property. It was built in 1976 and has an estimate of $426,739 with a price per ft² of $1,041.
- 15425 Sherman Way #Apt 359, Van Nuys, CA 91406 (Sonterra) is a 580 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1980 and has an estimate of $335,943 with a price per ft² of $579.
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