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 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.
Property Details
- Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, Propane, PhoneAvailable, SewerAvailable, WaterAvailable
- Lot DescriptionZeroToOneUnitAcre, CornerLot, Level, SprinklersNone
- Original List Price$1,925,000
- Property TypePurchase
- MLS #P1-20100
- Property SubtypeMixedUse
- MLS #P1-20100
- Structure TypeMixedUse
- Cost1925000
- Utility SourcePublic
- CountyOther
- Year Built1950
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Paola Portillo (#p19653)
Listing Office: Sync Brokerage (#P11709)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.