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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!
Property Type(s):
Residential Income
| Last Updated | 9/26/2024 | Year Built | 1910 |
|---|---|---|---|
| Community | San Fernando | Garage Spaces | 3.0 |
| County | Los Angeles |
Price History
| Prior to Sep 26, '24 | $1,100,000 |
|---|---|
| Sep 26, '24 - Today | $1,101,000 |
Additional Details
| 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* |
Location
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Listed with Sync Brokerage, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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