$845,000
$1,350,000
37.4%For more information regarding the value of a property, please contact us for a free consultation.
San Fernando, CA 91340
Key Details
Sold Price $845,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD-26084948
Sold Date 08/31/26
Year Built 2006
Property Sub-Type Retail
Source California Regional Multiple Listing Service (CRMLS)
Property Description
We are pleased to present an excellent opportunity to acquire a newer built Retail & Office mixed-use investment property located in the heart of San Fernando. Situated at 1108 5th Street, this newer construction (2006) two-story building totals approximately 2,396 square feet on a 4,254 square foot lot and features an efficient layout with three street-level retail units, each approximately 350 square feet, complemented by small incubator-style office suites on the second floor.
The property offers strong tenant appeal with flexible unit sizes ideal for local businesses, startups, and service-oriented users. The smaller unit configurations provide an affordable entry point for tenants, resulting in a broader tenant pool, reduced vacancy risk, and historically strong leasing demand.
One retail unit is currently vacant, presenting immediate upside through lease-up or the potential for an owner-user to occupy. The asset benefits from its central location within an active commercial corridor, offering close access to the 5, 118 & 210 freeways, visibility, and close proximity to surrounding amenities, schools and medical facilities. This property is an attractive investment opportunity with both stable income and value-add potential at an affordable price point. Several units are currently leased below market, providing additional upside through rent growth and repositioning.
Location
State CA
County Los Angeles
Area Sf - San Fernando
Interior
Laundry None
Building
Lot Description 2-5 Units/Acre
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