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    High-Traffic Sepulveda Boulevard Commercial Building Title is generated by Realmo AI

    10243 Sepulveda Blvd, San Fernando, CA 91345

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    For Sale
    $850,000

    Two-story commercial building on Sepulveda Boulevard with high visibility.

    Type:Commercial
    Property size:
    2,420 SF
    Price / SF:
    $351/SF
    Added:
    Apr 24, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 24 at 3:09 pm

    Property Features for 10243 Sepulveda Blvd

    General Information

    Standard status
    Active
    Size
    2,420 SF
    Property subtype
    Commercial

    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 Apr 24, 2026

    Source Elliman

    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

    • High‑traffic, highly visible location on Sepulveda Boulevard in Mission Hills
    • Two‑story commercial building with approximately 2,420 sq ft of flexible space
    • Two separate units on the first floor: street‑facing retail storefront and a unit with front/rear access
    • Second floor provides additional office space
    • Suitable for owner‑operator or investor with long‑term tenant potential
    • Convenient access to the 405, 118, and 5 freeways

    Overview

    This two-story commercial building, situated on Sepulveda Boulevard in Mission Hills, offers exposure for various business uses. The property features approximately 2,420 sq ft of building space and a functional layout suitable for a variety of commercial uses. The first floor includes two separate units: Unit 1 features a street-facing retail storefront, suitable for customer-facing operations, while Unit 2 offers front and rear access, making it an option for office use, storage, or additional workspace. The second floor provides additional office space, creating a setup for professional services, administrative operations, or multiple work areas. The property is located in a busy corridor surrounded by established businesses and daily commuter traffic. The bike score is 68, making it bikeable, the walk score is 63, making it somewhat walkable, and the transit score is 35, indicating some transit options. It also offers convenient access to the 405, 118, and 5 freeways.

    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

    Neph Cure Academy High School Starpro Carpet Cleaning Service Renal Care Training ... Training Center Acacia's Flowers (Bike/Boat/Book/etc) Store Expert Construction Architect

    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
    San Fernando
    County
    Los Angeles
    State
    California
    Longitude
    -118.4677131
    Latitude
    34.2567083

    FAQs

    What type of property is this?
    Storefront property - Two-story commercial building on Sepulveda Boulevard with high visibility.
    Where is this storefront property located?
    The property is located at 10243 Sepulveda Blvd 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 flexible space; Two separate units on the first floor: street‑facing retail storefront and a unit with front/rear access
    More about this property
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