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Industrial Condo with Mezzanine

12846-12955 Foothill Blvd, Sylmar, CA 91342

For Sale
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Small industrial condo with a mezzanine and frontage on Foothill Blvd for straightforward access to major freeways.

Property Size1,820 SF
Price / SF$376.37
Days on Market148

Property Features for 12846-12955 Foothill Blvd

General Information

Standard status Active
Size 1,820 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Daum Commercial
Listed By: Chris Sullivan · License CA #00914977
Source: Moodyscre
Added: Jun 17 Changed: Oct 25 Last Checked: Nov 10 at 11:20AM

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 Daum Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering is a small industrial condo designed for light industrial and flexible operating needs, with a bonus mezzanine level that adds usable overhead space. The property is presented for sale as part of a condo-style industrial configuration, offering a compact footprint suitable for owner-operators or small business tenants seeking their own dedicated space.

The unit is located at 12846-12955 Foothill Blvd in Sylmar, California, with stated frontage on Main Street (Foothill Blvd). The listing also notes easy access to major freeways, which can be a practical advantage for day-to-day logistics, deliveries, and employee commutes.

From a tenant or buyer fit perspective, the mezzanine can support additional storage or workflow needs without expanding the primary footprint. The compact size and dedicated condo format may appeal to businesses looking for manageable space along a main thoroughfare, with convenient freeway connectivity for recurring transportation requirements. This is being marketed as a rare small industrial condo for sale, making it worth considering if your operation requires a smaller industrial layout rather than a larger standalone facility.

Key Highlights

  • Small industrial condo for sale
  • Mezzanine included
  • Frontage on Main Street (Foothill Blvd)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,609
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,180 $452.2K
Cap Rate 7%
$322,986 $323.0K
Cap Rate 9%
$251,211 $251.2K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$34.5K $18.96/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$32.3K $17.75/SF
− OpEx
−$9.7K −$5.32/SF
NOI
$22.6K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,180
Cap Rate 7%
$322,986
Cap Rate 9%
$251,211

Alternative Uses

Best Use
Industrial
$323.0K
$282.6K – $376.8K (±1% cap)
NOI $22,609 @ 7.0% cap · market cap 3.30%
Second Best
Flex RnD
$299.9K
$262.4K – $349.9K (±1% cap)
NOI $20,994 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$759.9K
$664.9K – $886.5K (±1% cap)
NOI $53,191 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Repair Shop Kitchen & Bath Showroom Electrical Service Travel Agency

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Under-served
Demand for This Use

Demographics for 91342, CA

96,429
Population
26,403
Households
3.7
Avg Household Size
36
Median Age
20%
College-Educated
73%
High-School Grad
45.4 sq mi
ZIP Area
2,124
Density / Sq Mi
$95,480
Median Household Income
$40,351
Median Earnings
$1,965
Median Rent
$641,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Los Angeles County, CA

$493 Jul
$406 Aug
$463 Sep
$458 Oct

Properties on Market for Flex space in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Small industrial condo with a mezzanine and frontage on Foothill Blvd for straightforward access to major freeways.
Where is this flex space located?
The property is located at 12846-12955 Foothill Blvd Sylmar, CA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Small industrial condo for sale; Mezzanine included; Frontage on Main Street (Foothill Blvd)
(818) 449-1628 Call to check price and availability
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