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31777927
31777928

1108 5th St, San Fernando, CA 91340

KG
CA 01216376
KW Commercial Kirk Garabedian | KW Commercial
Listed by KW Commercial Kirk Garabedian | KW Commercial
$1,350,000
48 days on market
Updated 48 days ago

1108 5th St., San Fernando, CA 91340

Details
APN 2518-009-003
Property Type Mixed Use, Office (+1)
Sub Type Shopping Center, Storefront (+1)
Square Footage 2,396
Net Rentable (SqFt) 2,396
Units 14
Cap Rate 3.50%
NOI $47,325
Occupancy 84%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 5.83%
Pro-Forma NOI $78,726
Price per SqFt $563
Broker Co-Op Yes
Class C
Year Built 2006
Buildings 1
Stories 2
Lot Size (SqFt) 4,254
Zoning SP-5
Investment Type Value Add
Ownership Private

Mixed Use | 3.50% CAP | 2,396 SqFt

Marketing 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.

Investment highlights

-Mixed-Use Investment Opportunity in the heart of San Fernando

-Affordable Entry Unit Sizes- ±2,396 SF two-story building on ±4,254 SF lot

-Newer Construction - Built in 2006 vs older surrounding inventory

-Strong Unit Mix - Three (3) ground-floor retail units (±350 SF each)and Six (6) Second-floor incubator-style office suites

-Upside Potential - One retail unit currently vacant – immediate lease-up or owner-user opportunity

-Freeway Access - Convenient access to I-5, I-210, and SR-118 freeways

-Abundant Schools, Medical Facilities and Government Offices Nearby

Listing Contacts

KG
CA 01216376
KW Commercial Kirk Garabedian | KW Commercial
Listed by KW Commercial Kirk Garabedian | KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,325.00
$3,943.75/mo

Valuation Metrics

0
DSCR
3.51%
Cap Rate
3.51%
ROI

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