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10615 San Fernando Road, Pacoima, CA 91331
Priced at Only: $1,925,000
For more Information Call
Mobile: 714.478.6676
Address: 10615 San Fernando Road, Pacoima, CA 91331
Property Photos
Property Location and Similar Properties
- MLS#: P1-20100 ( Mixed Use )
- Street Address: 10615 San Fernando Road
- Viewed: 6
- Price: $1,925,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Days On Market: 46
- Additional Information
- County: LOS ANGELES
- City: Pacoima
- Zipcode: 91331
- Provided by: Sync Brokerage
- Contact: Paola Paola
- DMCA Notice
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DescriptionDiscover 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.
Features
Accountingtype
- Actual
Building Area Total
- 4733.00
Commoninterest
- None
Construction Materials
- Concrete
- Stucco
- Glass
- Frame
- Drywall Walls
Cooling
- Central Air
Country
- US
Current Financing
- Other
Current Use
- Commercial
Electric
- 220 Volts in Workshop
Heating
- Natural Gas
- Propane
Land Use
- Other
Laundry Features
- Upper Level
- Common Area
Netoperatingincome
- 130178.00
Parcel Number
- 2620029001
Postalcodeplus4
- 2625
Property Type
- Mixed Use
Retail Square Footage
- 2300
Roof
- Flat
Security Features
- Automatic Gate
- Smoke Detector(s)
- Carbon Monoxide Detector(s)
Totalmonthlyrent
- 14308
Utilities
- Electricity Available
- Water Available
- Sewer Available
- Propane
- Phone Available
- Natural Gas Available
- Cable Available
Vacancyallowance
- 8585
Water Source
- Public
Year Built
- 1950
Year Built Source
- Assessor
Zoning
- LACM-1-0
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com