1108 5th St, San Fernando, CA 91340
sale
$1,350,000
|
Other
Courtesy Of Keller Williams World Media Center
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.
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.
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Property Features
- Age: 11-20 Years Old
- Architecture Style: Other
- MLSID: GD26084948
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