Two-Story Flex Space
For Sale
$1,700,000
8212 San Fernando, Sun Valley, CA 91352
Two-story commercial property with C2/CM zoning and proximity to I-5 supports office, warehouse, distribution, and light industrial operations.
Property Size5,968 SF
Price / SF$284.85
Days on Market129
Property Features for 8212 San Fernando
General Information
Standard status
Active
Size
5,968 SF
Property subtype
Industrial
Zoning
C2/CM
Additional Details
Highway Access
Yes
Building Details
Building Size
5,968 SF
Year Built
1989
Stories
2
Listing Agency:
(818) 786-5511
Listed By:
Nerses Ananyan · License #01320968
(818) 786-5511
Source:
Elliman
Added: Apr 24
Changed: Aug 29
Last Checked: Aug 29 at 5:34PM
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 Nerses Ananyan
Investment Insights
Based on property information with market context.
This 5,968-square-foot flex space property consists of two stories and was built in 1989. Its C2/CM mixed commercial-industrial zoning supports office, light manufacturing, warehousing, distribution, and professional service uses. The configuration offers a combination of flex and light industrial functionality for commercial operations.
The property is located in Sun Valley, California, approximately 0.5 miles, or two blocks, from I-5. That access point provides a direct connection to the regional freeway network for businesses requiring distribution or logistics connectivity. Walk Score is 70, Bike Score is 60, and Transit Score is 44.
The property is located in Sun Valley, California, approximately 0.5 miles, or two blocks, from I-5. That access point provides a direct connection to the regional freeway network for businesses requiring distribution or logistics connectivity. Walk Score is 70, Bike Score is 60, and Transit Score is 44.
Key Highlights
- 5,968‑square‑foot flex space property with two stories
- C2/CM mixed commercial‑industrial zoning
- Approximately 0.5 miles, or two blocks, from I‑5
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
$90,025
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
5.30%
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%
$1,800,500
$1.8M
Cap Rate 7%
$1,286,071
$1.3M
Cap Rate 9%
$1,000,278
$1.0M
Market Conditions
NOI Build-Up for 5,968 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
$113.2K $18.96/SF
− Vacancy
−$7.2K −$1.21/SF
EGI
$105.9K $17.75/SF
− OpEx
−$15.9K −$2.66/SF
NOI
$90.0K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
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%
$1,800,500
Cap Rate 7%
$1,286,071
Cap Rate 9%
$1,000,278
Alternative Uses
Best Use
Warehouse
$1.29M
$1.13M – $1.50M
NOI $90,025 @ 7.0% cap · market cap 5.30%
Second Best
Industrial
$1.06M
$926.7K – $1.24M
NOI $74,138 @ 7.0% cap · market cap 4.36%
Theoretical Best
Multifamily LT 5
$120.91M
$105.79M – $141.06M
NOI $8,463,567 @ 7.0% cap · market cap 497.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91352, CA
47,274
Population
13,119
Households
3.6
Avg Household Size
37
Median Age
18%
College-Educated
67%
High-School Grad
11.6 sq mi
ZIP Area
4,075
Density / Sq Mi
$74,621
Median Household Income
$35,570
Median Earnings
$1,761
Median Rent
$700,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Eagle Foods Inc — 7782 San Fernando Rd, Sun Valley, CA 91352
- Maria Galindo Catering Service — 7854 Ferncola Ave, Sun Valley, CA 91352
- Gourmet Buzz Fine Catering — 10913 Nettleton St, Sun Valley, CA 91352
- Ann & Mario Catering — 8863 Norris Ave, Sun Valley, CA 91352
- K & G Studio Catering Inc — 10973 Penrose St., Sun Valley, CA 91352
Frequently Asked Questions
What type of property is this?
Flex space - Two-story commercial property with C2/CM zoning and proximity to I-5 supports office, warehouse, distribution, and light industrial operations.
Where is this flex space located?
The property is located at 8212 San Fernando Sun Valley, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5,968‑square‑foot flex space property with two stories; C2/CM mixed commercial‑industrial zoning; Approximately 0.5 miles, or two blocks, from I‑5
