Two-Story Mixed-Use
For Sale
$1,350,000
Pending
1108 5th St, San Fernando, CA 91340
Commercial Sale, San Fernando, CA
Property Size2,396 SF
Lot Size0.10 Acres
Days on Market130
Property Features for 1108 5th St
General Information
Property type
Residential
Property subtype
Retail
Directions
Located near the corner of 5th St and Maclay Ave.
Subdivision
SF - San Fernando
Standard status
Pending
APN
2518009003
Lot size
0.10 Acres
Building Details
Year built
2006
Listing Agency:
Keller Williams R. E. Services · Keller Williams Realty
(818) 432-3200
Listed By:
Kirk Garabedian · License #01216376
(818) 298-8810
Added: Apr 20
Changed: Aug 27
Last Checked: Aug 27 at 1:06AM
MLS# GD26084948
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.
Investment Insights
Based on property information with market context.
Constructed in 2006, the two-story property contains approximately 2,396 square feet on a 4,254-square-foot lot. Its configuration includes three street-level retail units of approximately 350 square feet each, along with smaller office suites on the second floor. One retail unit is vacant, creating an option for lease-up or owner occupancy, while several other units are leased below market.
Located at 1108 5th Street in San Fernando, the property sits within an active commercial corridor with access to the 5, 118, and 210 freeways. Schools and medical facilities are also nearby. The combination of compact retail spaces and second-floor offices supports a multi-unit commercial layout serving retail, office, and service-oriented occupants.
Located at 1108 5th Street in San Fernando, the property sits within an active commercial corridor with access to the 5, 118, and 210 freeways. Schools and medical facilities are also nearby. The combination of compact retail spaces and second-floor offices supports a multi-unit commercial layout serving retail, office, and service-oriented occupants.
Key Highlights
- Approximately 2,396 SF two‑story mixed‑use building on a 4,254 SF lot
- Three street‑level retail units, each approximately 350 SF
- Small office suites positioned on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,011
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,060,220
$1.1M
Cap Rate 7%
$757,300
$757.3K
Cap Rate 9%
$589,011
$589.0K
Market Conditions
NOI Build-Up for 2,396 SF
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.
Gross rent
$81.1K $33.84/SF
− Vacancy
−$5.4K −$2.23/SF
EGI
$75.7K $31.61/SF
− OpEx
−$22.7K −$9.48/SF
NOI
$53.0K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,060,220
Cap Rate 7%
$757,300
Cap Rate 9%
$589,011
Alternative Uses
Best Use
Retail
$757.3K
$662.6K – $883.5K
NOI $53,011 @ 7.0% cap · market cap 3.93%
Second Best
Office B
$748.2K
$654.7K – $872.9K
NOI $52,375 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,797 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,920
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three ground-floor retail units are paired with small second-floor office suites, including one currently vacant retail space.
Where is this mixed-use property located?
The property is located at 1108 5th St San Fernando, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 2,396 SF two‑story mixed‑use building on a 4,254 SF lot; Three street‑level retail units, each approximately 350 SF; Small office suites positioned on the second floor
