Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    10615 San Fernando Road, Pacoima, CA 91331
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    10615 San Fernando Road
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    • MLS#: P1-20100 ( Mixed Use )
    • Street Address: 10615 San Fernando Road
    • Viewed: 9
    • Price: $1,925,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1950
    • Bldg sqft: 0
    • Days On Market: 52
    • Additional Information
    • County: LOS ANGELES
    • City: Pacoima
    • Zipcode: 91331
    • Provided by: Sync Brokerage
    • Contact: Paola Paola
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Accountingtype
    1. Actual
    Building Area Total
    1. 4733.00
    Commoninterest
    1. None
    Construction Materials
    1. Concrete
    2. Stucco
    3. Glass
    4. Frame
    5. Drywall Walls
    Cooling
    1. Central Air
    Country
    1. US
    Current Financing
    1. Other
    Current Use
    1. Commercial
    Electric
    1. 220 Volts in Workshop
    Heating
    1. Natural Gas
    2. Propane
    Land Use
    1. Other
    Laundry Features
    1. Upper Level
    2. Common Area
    Netoperatingincome
    1. 130178.00
    Parcel Number
    1. 2620029001
    Postalcodeplus4
    1. 2625
    Property Type
    1. Mixed Use
    Retail Square Footage
    1. 2300
    Roof
    1. Flat
    Security Features
    1. Automatic Gate
    2. Smoke Detector(s)
    3. Carbon Monoxide Detector(s)
    Totalmonthlyrent
    1. 14308
    Utilities
    1. Electricity Available
    2. Water Available
    3. Sewer Available
    4. Propane
    5. Phone Available
    6. Natural Gas Available
    7. Cable Available
    Vacancyallowance
    1. 8585
    Water Source
    1. Public
    Year Built
    1. 1950
    Year Built Source
    1. Assessor
    Zoning
    1. LACM-1-0
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836