Two-Story Retail Office
10243 Sepulveda Boulevard Mission Hills, San Fernando, CA 91345
Commercial Sale - Mission Hills (San Fernando), CA
Property size:
2,420 SFPrice / SF:
$351/SF- Added:
- Jan 21, 2026
- Days on Market:
- 132
- Last Refresh:
- Jun 2 at 4:06 pm
Property Features for 10243 Sepulveda Boulevard Mission Hills
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LAC2
- Standard status
- Active
- APN
- 2660001010
- Size
- 2,420 SF
Building Details
- Year built
- 1964
- Architectural style
- Other
Listing agent Mojan Shah License #02135910 (714) 455-9422
Listing office Re/Max One 11141 Tampa Ave., CA (818) 366-3300
Listing date Jan 21, 2026
MLS# OC26012551
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic, highly visible location on Sepulveda Boulevard in Mission Hills.
- Two‑story commercial building with approximately 2,420 sq ft of space.
- Functional layout with excellent flexibility for a variety of commercial uses.
- Two separate units on the first floor: retail storefront and office/storage space.
- Additional office space on the second floor.
- Convenient access to the 405, 118, and 5 freeways.
Overview
This two-story commercial building offers approximately 2,420 square feet of flexible space with a functional split between customer-facing and office-oriented areas. The first floor includes two separate units: Unit 1 is a street-facing retail storefront designed for high-visibility operations, while Unit 2 has front and rear access and can support office use, storage, or additional workspace. The second floor provides additional office space, creating room for professional services, administrative functions, or multiple work areas. The property is described as having a long-term tenant already in place, supporting steady income potential for qualified buyers.
Located at 10243 Sepulveda Boulevard in Mission Hills (San Fernando), the building is positioned on a highly visible, high-traffic corridor within a desirable commercial community surrounded by established businesses. The listing notes convenient access to the 405, 118, and 5 freeways, which can help support day-to-day customer and workforce travel. Zoning is identified as LAC2.
This offering is well suited to an owner-user looking to run a small business while using or leasing additional space, or to an investor seeking a property with tenant stability. The combination of a retail storefront and office-ready layout provides versatility for a range of commercial uses, including customer-facing operations and professional services that benefit from boulevard exposure. All showings are strictly by appointment only with the listing agent, and the tenant should not be disturbed.
Located at 10243 Sepulveda Boulevard in Mission Hills (San Fernando), the building is positioned on a highly visible, high-traffic corridor within a desirable commercial community surrounded by established businesses. The listing notes convenient access to the 405, 118, and 5 freeways, which can help support day-to-day customer and workforce travel. Zoning is identified as LAC2.
This offering is well suited to an owner-user looking to run a small business while using or leasing additional space, or to an investor seeking a property with tenant stability. The combination of a retail storefront and office-ready layout provides versatility for a range of commercial uses, including customer-facing operations and professional services that benefit from boulevard exposure. All showings are strictly by appointment only with the listing agent, and the tenant 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
NOI $53,542 @ 7.0% cap · market cap 6.30%
Second Best
Office B
$755.7K
$661.2K – $881.7K
NOI $52,899 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
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
Map
- City
- San Fernando
- County
- Los Angeles
- State
- California
- Longitude
- -118.46
- Latitude
- 34.2663
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two-story building with street-facing retail, office space, and strong visibility on a major boulevard—ideal for owner-operator or investor.
Where is this mixed-use property located?
The property is located at 10243 Sepulveda Boulevard Mission Hills San Fernando, 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: High‑traffic, highly visible location on Sepulveda Boulevard in Mission Hills.; Two‑story commercial building with approximately 2,420 sq ft of space.; Functional layout with excellent flexibility for a variety of commercial uses.
