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Listed by Paola Portillo • Sync Brokerage
$ 1,925,000
Est. payment /mo
New
10615 San Fernando Road Pacoima (los Angeles), CA 91331
4,733 SqFt
UPDATED:
12/03/2024 10:01 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,733 sqft
Price per Sqft $406
MLS Listing ID CRP1-20100
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1950
Property Description
Discover a prime investment opportunity with this versatile mixed-use property located at a highly visible intersection in the bustling San Fernando Valley. This property spans 4,733 sqft of total building space on a generous 8,997 sqft lot, blending commercial and residential uses to maximize income potential. Anchored by a 2,300 sqft retail/warehouse space, the property currently houses a hydroponics supply business., offering the flexibility to stay on-site or vacate if required. Adjacent to the commercial space is a detached two-story residential building featuring four units: a spacious 2-bed, 1-bath unit with a patio and in-unit laundry, a 1-bed, 1-bath unit, and two standalone studio units (400 sqft each) that cater to the local rental market's strong demand.Strategically positioned to attract both residential and commercial tenants, this property offers a rare combination of high visibility, ample parking for 10-12 vehicles, and an Approx 7% CAP rate with significant upside potential. Its location provides excellent foot and vehicle traffic, ensuring steady exposure for businesses and convenience for residents. The property is also equipped with an additional storage unit, offering a supplementary income stream. The current configuration delivers immediate cash flow, whil
Location
State CA
County Other
Interior
Heating Natural Gas, Propane
Cooling Central Air
Fireplace No
Building
Water Public
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