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    2021 1St St San Fernando, CA 91340
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    2021 1St St, San Fernando, CA 91340

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    • Manufacturing properties
    • 17,812 SF
    • 0.68 lot acres
    For Sale
    $7,546,475
    View Listing →
    Turnkey Food Processing Facility For Sale
    $7,546,475
    19,105 SF

    Turnkey Food Processing Facility

    FDA & SQF certified food processing facility for sale.

    2021 1st St, San Fernando, CA
    View Listing
    Property ID
    US09-6813485
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    4%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Jericho Foods / Big Box & Wholesale Store / Food Market
    • Green Cuisine / Take-out & Catering

    Property Details for 2021 1St St

    Year built
    1958
    Construction
    WOOD
    Lot size
    0.68 lot acres
    Zone code
    SFM1*
    Property type
    Manufacturing properties
    APN
    2520-002-016
    APU
    2520002016

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 19, 2022 — San Fernando Owner LLC — Deed · related $3.8M · C3bank National Association
    Jun 9, 2022 $5,900,000 San Fernando Owner LLC Sanderson Family Enterprises LLC Grant Deed —
    Oct 9, 2012 — Sanderson Family Ents LLC Sanderson T & M 1998 Trust Quit Claim Deed · related —
    Mar 31, 2004 $1,500,000 Sanderson,tr Levine,tr Grant Deed $750k · Wells Fargo Bank
    Nov 2, 2001 $1,193,500 Levine Trust Marine Enterprises Grant Deed $700k · Business Bank Of California
    Sep 28, 1972 — — — Grant Deed · related —
    — — Levine Trust — Deed Of Trust · related $516k · California Statewide Certified
    — — Jon A Levine — Deed Of Trust · related $300k · Levine Trust
    — — Sanderson,tr — Deed Of Trust · related $618k · California Statewide Certified

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,145,000
      ML approach
      $5,020,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,565,000
      Market price range: $3.19M - $5.57M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,955,000
      Current use
      AUTO REPAIR, GARAGE
      $8,240,000
      Change: +108% Conversion: Easy
      MEDICAL BUILDING
      $8,095,000
      Change: +105% Conversion: Difficult
      OFFICE BUILDING
      $7,990,000
      Change: +102% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $5,260,000
      Change: +33% Conversion: Difficult
      WAREHOUSE, STORAGE
      $5,235,000
      Change: +32% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Fernando
    County
    Los Angeles
    State
    California
    Longitude
    -118.447
    Latitude
    34.2913
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $85,936
    $3,683,016
    $2,455,344
    $6,138,360
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

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      MANUFACTURING (LIGHT)
      San Fernando, CA 91340
      View Details
    • Value Estimation
      $3,935,000
      39,848 SF

      13600 Vaughn St

      MANUFACTURING (LIGHT)
      13600 Vaughn St, San Fernando, CA 91340-3017
      View Details
    • Value Estimation
      $1,115,000
      10,120 SF

      1700 1st St

      MANUFACTURING (LIGHT)
      1700 1st St, San Fernando, CA 91340-2711
      View Details
    • Value Estimation
      $1,660,000
      15,730 SF

      637 4th St

      MANUFACTURING (LIGHT)
      637 4th St, San Fernando, CA 91340-2432
      View Details
    • Value Estimation
      $6,685,000
      67,204 SF

      531 5th St

      MANUFACTURING (LIGHT)
      531 5th St, San Fernando, CA 91340-2210
      View Details
    • Value Estimation
      $1,710,000
      16,577 SF

      615 5th St

      MANUFACTURING (LIGHT)
      615 5th St, San Fernando, CA 91340-2217
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,105 SF

      Turnkey Food Processing Facility

      FDA & SQF certified food processing facility for sale.
      2021 1St St, San Fernando, CA 91340
      View Details
    • Contact for pricing
      65,025 SF

      San Fernando Industrial Facility

      65,025 SF industrial facility in San Fernando, California.
      459 Park Ave, San Fernando, CA 91340
      View Details
    • $1,000,000
      1,400 SF

      San Fernando Commercial/Industrial Property

      Commercial/industrial property in central San Fernando Valley, California.
      1423 Truman St, San Fernando, CA 91340
      View Details
    • $4,600,000
      1.09 Acres

      San Fernando Industrial Yard Opportunity

      Industrial yard with offices and warehouse in San Fernando, CA.
      669 Arroyo St, San Fernando, CA 91340
      View Details
    • Contact for pricing
      34,784 SF

      San Fernando Industrial Property

      Remodeled industrial property with easy freeway access in San Fernando.
      700-710 Jessie St, San Fernando, CA 91340
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,252 SF

      East Valley Manufacturing/Industrial Space

      Manufacturing and industrial property in a great East Valley location.
      13596 Vaughn St, San Fernando, CA 91340
      View Details
    • Contact for pricing

      San Fernando Industrial Complex

      Multi-tenant industrial complex with flexible warehouse and manufacturing spaces.
      12987-12999 Arroyo St, San Fernando, CA 91340
      View Details
    • $1.70 SF/Yr
      93,202 SF

      San Fernando Warehouse Space Available

      93,202 SF warehouse with 17 dock-high doors for lease.
      1175 Aviation Pl, San Fernando, CA 91340
      View Details
    • Contact for pricing

      Industrial Warehouse with Dock Access

      Warehouse with cross-docking, gated access, and improved office space.
      1245 Aviation Pl, San Fernando, CA 91340
      View Details
    View Listing
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    San Fernando, CA 91340
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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