Seize this exceptional investment opportunity in San Fernando! This multifamily triplex, located near the vibrant Maclay corridor, offers three spacious 3-bedroom, 1-bathroom units totaling 2,310 sq ft of living space on a generous 7,058 sq ft lot. Each unit is designed for comfortable living, making them highly attractive to potential tenants. All tenants are on month-to-month leases, providing flexibility and the opportunity for future rent adjustments. Situated in a city with no rent control, this property allows for significant rental income growth. The proximity to popular bakeries, top-rated restaurants, shopping centers, major banks, fine dining establishments, churches, autobody shops, and orthodontic clinics ensures high tenant demand. Additionally, the neighboring property at 129 N Hagar is available for purchase, presenting a rare chance to combine both lots for a substantial development project in this rapidly appreciating area. With excellent access to public transportation and major highways, this property is ideally situated to attract a wide range of tenants, ensuring low vacancy rates and strong rental demand. Whether you're an investor seeking steady rental income or a developer looking for your next project, this triplex offers unparalleled potential. Contact us today to schedule a viewing and take the first step toward securing this prime investment opportunity in San Fernando!
|
DAYS ON MARKET
|
152
|
LAST UPDATED
|
1/6/2025
|
|
YEAR BUILT
|
1910
|
COMMUNITY
|
San Fernando
|
|
GARAGE SPACES
|
3.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Sep 26, '24
|
$1,100,000
|
|
Sep 26, '24 - Nov 26, '24 |
$1,101,000
|
|
Nov 26, '24 - Jan 6, '25 |
$1,100,000
|
| Jan 6, '25 - Today |
$1,095,000 |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
San Fernando |
| GARAGE |
Yes |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
7060 sq ft |
| LOT DESCRIPTION |
Corner Lot, Front Yard |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected |
| WATER |
Public |
| ZONING |
SFR3* |
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Salem to contact you even if your name is on a Federal or State
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Listed with Sync Brokerage, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/10/25 10:27 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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