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Five-Unit Apartment Building
For Sale
$1,425,000

1000 Glenoaks Boulevard, San Fernando, CA 91340

1976-built, five-unit property with all units featuring two bedrooms, one bath, and parking including enclosed garages.

Property Size3,516 SF
Days on Market368

Property Features for 1000 Glenoaks Boulevard

General Information

Standard status Active
Size 3,516 SF
Property subtype Apartment

Units

Unit Mix 5 x 2BR/1BA
Multifamily Units 5

Additional Details

Public Transit Yes

Building Details

Building Size 3,516 SF
Year Built 1976
Buildings 1
Listing Agency: Pacific Properties
Listed By: Patricia Ponce · License #01052453
Source: Truthrealty
Added: Aug 1, 2025 Changed: Jul 30 Last Checked: Aug 3 at 10:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Properties

Investment Insights

Based on property information with market context.

This five-unit apartment building was built in 1976 and is arranged with all units as two-bedroom, one-bath homes. Each unit has parking, including enclosed garages and assigned parking.

The property is located in the City of San Fernando with easy access to shopping, restaurants, public transportation, and schools.

Tenants are on month-to-month leases. The offering is positioned for an investor considering steady occupancy with flexible tenant terms, and prospective buyers are encouraged to drive by the property to review the setting and surrounding area.

Key Highlights

  • Five‑unit apartment building
  • All units are two‑bedroom, one‑bath layouts
  • Parking includes enclosed garages and assigned parking

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $111.8k $31.80
− Vacancy −$8.9k −$2.54
EGI $102.9k $29.26
− OpEx −$46.3k −$13.17
NOI $56.6k $16.09
3,516 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$808.2K
$707.2K – $942.9K (±1% cap)
NOI $56,575 @ 7.0% cap · market cap 3.97%
Second Best
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,772 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Real Estate Agency Hotel & Motel Supermarket Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,253
Businesses Nearby

Demographics for 91340, CA

34,610
Population
9,011
Households
3.8
Avg Household Size
35
Median Age
14%
College-Educated
64%
High-School Grad
3.4 sq mi
ZIP Area
10,179
Density / Sq Mi
$79,124
Median Household Income
$37,193
Median Earnings
$1,740
Median Rent
$624,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 1976-built, five-unit property with all units featuring two bedrooms, one bath, and parking including enclosed garages.
Where is this apartment building located?
The property is located at 1000 Glenoaks Boulevard San Fernando, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Five‑unit apartment building; All units are two‑bedroom, one‑bath layouts; Parking includes enclosed garages and assigned parking
More about this property
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