1108 5th St,San Fernando, CA 91340
San Fernando, CA 91340
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.
Details
| MLS # | GD26084948 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2006 |
| Days On Site | 122 |
| Listing Provided By | Keller Williams R. E. Services | Kirk Garabedian |
Features
| SQ Feet | 2,396 |
|---|---|
| Story(s) | 2 |
| Units | 14 |
| Building(s) | 1 |
| Acreage | 0.10 |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Fernando |
| Zip Code | 91340 |
| Area | SF San Fernando |
| Listing VS Median (in 91340) | |
Price: $1,350,000 low | high Med: $1,000,000 sqft: 2,396 low | high Med: 1,400 $ / sqft: $563 low | high Med: $714 On site: 122 low | high Med: 104 | |
Market Activity 91340
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Fernando |
| Zip Code | 91340 |
| Area | SF San Fernando |
| Listing VS Median (in 91340) | |
Price: $1,350,000 low | high Med: $1,000,000 sqft: 2,396 low | high Med: 1,400 $ / sqft: $563 low | high Med: $714 On site: 122 low | high Med: 104 | |
