10615 San Fernando Road
$1,925,000
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Description
Discover a prime investment opportunity with this versatile mixed-use property located at a highly visible intersection in the bustling San Fernando Valley. This property spans 4,733 sqft of total building space on a generous 8,997 sqft lot, blending commercial and residential uses to maximize income potential. Anchored by a 2,300 sqft retail/warehouse space, the property currently houses a hydroponics supply business., offering the flexibility to stay on-site or vacate if required. Adjacent to the...Discover a prime investment opportunity with this versatile mixed-use property located at a highly visible intersection in the bustling San Fernando Valley. This property spans 4,733 sqft of total building space on a generous 8,997 sqft lot, blending commercial and residential uses to maximize income potential. Anchored by a 2,300 sqft retail/warehouse space, the property currently houses a hydroponics supply business., offering the flexibility to stay on-site or vacate if required. Adjacent to the commercial space is a detached two-story residential building featuring four units: a spacious 2-bed, 1-bath unit with a patio and in-unit laundry, a 1-bed, 1-bath unit, and two standalone studio units (400 sqft each) that cater to the local rental market's strong demand. Strategically positioned to attract both residential and commercial tenants, this property offers a rare combination of high visibility, ample parking for 10-12 vehicles, and an Approx 7% CAP rate with significant upside potential. Its location provides excellent foot and vehicle traffic, ensuring steady exposure for businesses and convenience for residents. The property is also equipped with an additional storage unit, offering a supplementary income stream. The current configuration delivers immediate cash flow, while a proforma CAP rate of 7.1% (with a 4% rent increase) enhances its long-term growth potential. This is a unique opportunity to own a high-performing, income-generating asset in one of Los Angeles County's most vibrant neighborhoods. Whether you're an investor seeking stable returns or a buyer looking for a strategic mixed-use space, this property is a smart addition to your portfolio.
- Listed by Paola A Portillo • DRE #01914543 • Sync Brokerage
- Listed by Enrique Barrera • DRE #01423150 • Sync Brokerage, Inc.
Amenities
- Washer / Dryer in Unit
- Air Conditioning
- Common Storage
- Laundry
LISTING UPDATED: 12/02/2024 04:13 PM
Property Details for 10615 San Fernando Road
Status | Active |
---|---|
MLS # | P1-20100 |
Days on Market | 19 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1950 |
Lot Size | 0.21 AC / 8,997 SF |
County | Los Angeles County |
Building Information for 10615 San Fernando Road
Stories-Residences-Year Built1950Lot Size0.21 AC / 8,997 SF
Property Information for 10615 San Fernando Road
Property History for 10615 San Fernando Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10615 San Fernando Road
Taxable ValueLand$624,944Additions$150,223Total$775,167
Tax Record2024$10,193 ($849 / month)
Home Facts
Total Finished SqFt4,733 SqFtAbove Grade Finished SqFt4,733 SqFtStories1Lot Size8,997 SqFtStyleOffice BuildingYear Built1950ZoningLACMCountyLOS ANGELESAPN2620-029-001
Schools near 10615 San Fernando Road
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Haddon Avenue Elementary School PublicK to 5 | ||
Pacoima Middle School Public6 to 8 | ||
Academy of Scientific Exploration (ASE) Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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