Another major apartment project is being proposed along Sherman Way in Reseda, continuing the redevelopment momentum around Reseda’s commercial core.
According to a recent application filed with the Los Angeles Department of City Planning under case number CPC-2026-2880-DB-CDO-PR-VHCA, a shuttered former Walgreens property at 18430 Sherman Way could be demolished and replaced with a new seven-story apartment building. The project is proposed by Ariel Namvar of Park Sherman, LLC and would include 290 studio, one-bedroom, and two-bedroom apartments.
The proposed development would also include parking for 200 vehicles.
The property is currently developed with the former Walgreens building and surface parking. The pharmacy has reportedly been vacant since 2023, leaving another large commercial parcel along Sherman Way available for potential redevelopment.
The applicant is seeking density bonus incentives that would allow a larger building than would otherwise be permitted under the site’s current zoning. In exchange, 44 apartments would be set aside for very low- and moderate-income renters.
While full renderings do not appear to be available yet in the planning case file, the project findings describe the building as having a modern architectural style. If approved and built, the development would represent a significant change for this stretch of Reseda, replacing an older auto-oriented retail site with a much denser residential project.
This proposal is also notable because it sits within Reseda’s long-discussed commercial corridor along Sherman Way. The area has seen renewed attention in recent years, including plans to convert the long-vacant Reseda Theatre across the street into a food hall. Together, these projects point to a broader effort to bring new housing, new businesses, and more activity back to the heart of Reseda.
For longtime Valley residents, the transformation of a closed Walgreens into a seven-story apartment building may feel like another sign of how quickly older commercial corridors are changing. Sherman Way has traditionally been lined with small businesses, older retail buildings, surface parking lots, and neighborhood-serving commercial uses. Projects like this suggest that Reseda’s core may continue shifting toward larger mixed-income residential developments.
This proposed apartment project also fits into a broader pattern of redevelopment that has been discussed on this blog over the years. Reseda has long been one of the Valley neighborhoods where older commercial properties, auto-oriented parcels, vacant buildings, and familiar local landmarks have slowly been reimagined for new uses.
Past Reseda-related posts on this blog have touched on several examples, including the former Courtesy Dodge dealership on Reseda Boulevard proposed for 254 apartment units, the long-vacant Reseda Theatre and Reseda Cinema area, the South Seas Apartments from The Karate Kid, and other Reseda Boulevard development proposals.
Other Reseda Development and Redevelopment Posts
November 14, 2014: Former Courtesy Dodge Reseda Dealership to Become 254 Apartment Units
October 4, 2013: Filming Locations: Boogie Nights (1997) — Reseda Cinema
March 26, 2015: Karate Kid Apartment in Reseda Hits the Market
May 2, 2012: Filming Locations: The Karate Kid (1984) — South Seas Apartments in Reseda
Architecture and Real Estate Archive: 170 Apartment Units Mixed Use Project Planned for Reseda Blvd's KFC and Auto Repair Shops
With the former Walgreens site now proposed for 290 apartments, the pattern continues. Reseda’s Sherman Way and Reseda Boulevard corridors remain active redevelopment targets, with older retail, automotive, theater, and commercial properties giving way to larger residential or mixed-use projects.
Whether viewed as much-needed housing or another major change to the traditional low-rise character of the neighborhood, the proposed apartment project would be one of the larger recent developments planned for Reseda.
Project Details:
Address: 18430 Sherman Way, Reseda, California
Planning Case: CPC-2026-2880-DB-CDO-PR-VHCA
Developer / Applicant: Ariel Namvar, Park Sherman, LLC
Residential Units: 290 apartments
Unit Mix: Studio, one-bedroom, and two-bedroom apartments
Building Height: Seven stories
Parking: 200 vehicle spaces
Affordable Units: 44 units for very low- and moderate-income renters
Existing Use: Former Walgreens with surface parking
Neighborhood: Reseda
You can view more SFV Architecture and R.E. here.
0 comments:
Post a Comment