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    Two-Story Retail and Office Building Title is generated by Realmo AI

    10243 Sepulveda Boulevard, Mission Hills, CA 91345

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    For Sale
    $850,000

    Two-story building with street-facing retail and flexible office space, suited for owner-operators or investors with a tenant in place.

    Type:Retail
    Property size:
    2,420 SF
    Price / SF:
    $351/SF
    Added:
    Jan 10, 2026
    Days on Market:
    158
    Last Refresh:
    Jun 15 at 4:34 am

    Property Features for 10243 Sepulveda Boulevard

    General Information

    Standard status
    Active
    Size
    2,420 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1964

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    Listing Contact
    Mojan Shah

    Listing agent Mojan Shah License #02135910

    Listing office Re/Max One

    Listing date Jan 10, 2026

    Source Xome

    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 Re/Max One

    HighLights

    • Approx. 2,420 sq ft two‑story commercial building on Sepulveda Boulevard in Mission Hills
    • First floor offers two separate units: Unit 1 with a street‑facing retail storefront, Unit 2 with front and rear access
    • Second floor provides additional office space for professional or administrative use
    • Zoned LAC2 with 3 parking spaces
    • Long‑term tenant already in place (owner‑operator or investor setting)
    • Convenient freeway access to I‑405, I‑118, and I‑5

    Overview

    This two-story commercial building is configured to support both customer-facing and back-of-house needs. The first floor includes two separate units: Unit 1 provides a street-facing retail storefront, while Unit 2 offers front and rear access that can work for office use, storage, or additional workspace. The second floor adds further office space, allowing for professional services, administrative operations, or multiple work areas within the same property.

    Located on Sepulveda Boulevard in Mission Hills, the property is positioned for high visibility in a busy corridor with established businesses and daily commuter traffic. The building is described as having convenient access to the 405, 118, and 5 freeways, which can be a practical consideration for employees, customers, and service providers.

    The offering is presented as suitable for an owner-operator seeking a small business setup, as well as for investors looking for a property with a long-term tenant already in place for steady income potential. Showings are strictly by appointment only with the listing agent, and tenants should not be disturbed.

    Local Financial Insights For Retail

    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 $81.9k $33.84
    − Vacancy −$5.4k −$2.23
    EGI $76.5k $31.61
    − OpEx −$22.9k −$9.48
    NOI $53.5k $22.12
    2,420 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $764.9K
    $669.3K – $892.4K (±1% cap)
    NOI $53,542 @ 7.0% cap · market cap 6.30%
    Second Best
    Office B
    $755.7K
    $661.2K – $881.7K (±1% cap)
    NOI $52,899 @ 7.0% cap · market cap 6.22%
    Theoretical Best
    Office A
    $1.30M
    $1.13M – $1.51M (±1% cap)
    NOI $90,696 @ 7.0% cap · market cap 10.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Vons Floral — 10321 Sepulveda Blvd, Mission Hills, CA 91345
    • El Ranchito Growers — 15334 Chatsworth St, Mission Hills, CA 91345
    • Flowers El Ranchito — 15334 Chatsworth St, Mission Hills, CA 91345
    • Acacia's Flowers — 10243 Sepulveda Blvd #A, Mission Hills, CA 91345
    • Leslie's Flowers — 15427 Chatsworth St, Mission Hills, CA 91345

    Location Insight

    • Map
    • Local Demand
    City
    Mission Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.4677131
    Latitude
    34.2567083

    FAQs

    What type of property is this?
    Storefront property - Two-story building with street-facing retail and flexible office space, suited for owner-operators or investors with a tenant in place.
    Where is this storefront property located?
    The property is located at 10243 Sepulveda Boulevard Mission Hills, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Approx. 2,420 sq ft two‑story commercial building on Sepulveda Boulevard in Mission Hills; First floor offers two separate units: Unit 1 with a street‑facing retail storefront, Unit 2 with front and rear access; Second floor provides additional office space for professional or administrative use
    More about this property
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