1108 5th Street Active

San Fernando,CA 91340

$ 1500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD-25065529

Year Built 2006

Property Sub-Type Retail

Property Description

Mini shopping center built in 2006--an exceptional investment opportunity with rare availability and potential for owner occupancy. Prime location at a signalized, high-traffic intersection of Maclay Ave & 5th Street, just two blocks from Glenoaks Blvd, with convenient access to the 5 and 210 freeways. Competitively priced for a quick sale and easy financing, boasting a 5.17% cap rate--higher than the local average of 4%. Features 8 parking spaces (3.28 spaces per 1,000 SF leased), excellent visibility, and an ideal unit layout. The property includes three ground-floor retail units (approximately 400 SF each) and six upstairs office spaces (approximately 150-200 SF each) Do not disturb tenants

Location

State CA

County Los Angeles

Interior

Laundry None

Building

Lot Description Walkstreet

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