651 Arroyo Ave San Fernando, CA 91340
Craft Tech 23,660 SF Industrial Building For Sale
Property size:
23,660 SFLot size:
0.79 Acres- Added:
- Jan 30, 2025
- Days on Market:
- 426
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 651 Arroyo Ave
General Information
- Standard status
- Active
- Property type
- Other industrial properties, Warehouses, Industrial live-work properties, Industrial properties, Mixed-use properties
- Size
- 23,660 SF
- Class
- C
- Elevators
- N/A
- Lot size
- 0.79 Acres
Building Details
- Year Built
- 1947
- Year Renovated
- 2024
- Buildings
- 1
- Stories
- 1
Listing agent Christian (310) 909-2381
Listing office (310) 909-2381
Listing date Jan 30, 2025
Overview
San Fernando Warehouse Investment Opportunity
This 23,660-square-foot industrial building is located in San Fernando, CA, on a 0.79-acre lot. The multi-tenant warehouse features a 22-foot clear height, five grade-level loading doors, and 1200-amp three-phase power. The property includes a fully concrete paved and gated yard. Fully leased through 2028, the property offers immediate cash flow. Located outside the City of Los Angeles, the building is exempt from Measure ULA. Situated within the East San Fernando Valley submarket, the location benefits from a low 3.6% vacancy rate (Q4 2024). Rent growth has recently moderated to 1.3%, but the area's long-term growth trajectory remains strong, supported by double-digit growth over the past five years. The limited new supply in this submarket contributes to stable rents, which can reach up to $30 per square foot for smaller spaces, with larger spaces typically ranging from the high teens to $20 per square foot.
Location Intelligence
Current Use by Public Records
Industrial properties
Map
- City
- San Fernando
- County
- Los Angeles
- State
- California
- Longitude
- -118.435
- Latitude
- 34.287
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - Craft Tech 23,660 SF Industrial Building For Sale
Where is this industrial property located?
The property is located at 651 Arroyo Ave San Fernando, CA.
What is the asking price?
The asking price for this property is $6,120,000.
What are key features of this property?
This property features: » 23,660‑Square‑Foot Fully Occupied Two‑Tenant Warehouse Situated on 0.79 Acres; » Newly Executed (3) Three‑Year Leases with Ability to Extend Lease Terms During Escrow; » Metal and Stucco Construction Featuring 22’ Clear Height, Five (5) Ground‑Level Doors, and 1,200 Amps
