Prime Investment Opportunity in San Fernando - Multifamily Triplex Near Maclay Corridor with NO RENT CONTROL.Don’t miss out on this incredible opportunity to invest in a highly sought-after area of San Fernando! This multifamily triplex is perfectly situated just steps away from the bustling Maclay corridor, offering unparalleled access to a wide array of local amenities, including popular bakeries, top-rated restaurants, shopping centers, major banks, fine dining establishments, churches, autobody shops, orthodontics, and much more. Whether you're an investor looking for steady rental income or a developer with a vision, this property is a must-see! The triplex features three spacious 3-bedroom, 1-bathroom units, providing a total of 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, offering flexibility and the opportunity for future rent adjustments. Located in a city with no rent control, this property provides an excellent opportunity for increased rental income. An additional highlight for investors and developers is the availability of the neighboring property at 129 N Hagar, which can also be purchased. This creates a rare opportunity to combine both lots and develop a lucrative project in this rapidly appreciating area. The location offers excellent access to public transportation and major highways, making it an ideal spot for those looking to capitalize on the growth and demand in the San Fernando real estate market. With strong rental potential and low vacancy rates in the area, this multifamily triplex is poised to be a high-return investment. This property is perfect for those seeking a profitable investment or a new development project in one of San Fernando’s most desirable neighborhoods. Act fast—opportunities like this are rare and won’t last long on the market. Contact us today to schedule a viewing and secure your future in San Fernando real estate!
|
DAYS ON MARKET
|
82
|
LAST UPDATED
|
9/26/2024
|
|
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 - Today |
$1,101,000 |
| 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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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 11/2/24 4:25 AM PDT 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 2024.
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