1108 5th Street
San Fernando, CA 91340
0.10 acres | #GD25082220
Description
Mini shopping center built in 2006—an exceptional investment opportunity with rare availability and potential for owner occupancy. Prime location at a signalized, high-traffic intersection of Maclay Ave & 5th Street, just two blocks from Glenoaks Blvd, with convenient access to the 5 and 210 freeways. Competitively priced for a quick sale and easy financing, boasting a 5.17% cap rate—higher than the local average of 4%. Features 8 parking spaces (3.28 spaces per 1,000 SF leased), excellent visibility, and an ideal unit layout. The property includes three ground-floor retail units (approximately 400 SF each) and six upstairs office spaces (approximately 150-200 SF each).
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Property Details
- CountyLos Angeles
- Lot DescriptionWalkstreet
- Original List Price$1,500,000
- MLS #GD25082220
- MLS #GD25082220
- Property TypePurchase
- Cost1500000
- Acres0.0977
- Utility SourcePublic
- Property SubtypeRetail
- Year Built2006
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Manvel Solakian (#G82001)
Listing Office: Keller Williams R. E. Services (#G7207)
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