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$1,100,000
Est. payment /mo
9 Beds
3 Baths
7,060 Sqft Lot
UPDATED:
11/27/2024 04:29 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24166864
Bedrooms 9
HOA Y/N No
Lot Size 7,060 Sqft
Property Description
Prime Investment Opportunity in San Fernando - Multifamily Triplex Near Maclay Corridor with NO RENT CONTROL. Dont 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.
Prime Investment Opportunity in San Fernando - Multifamily Triplex Near Maclay Corridor with NO RENT CONTROL. Dont 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 Fernandos most desirable neighborhoods. Act fastopportunities like this are rare and wont last long on the market. Contact us today to schedule a viewing and secure your future in San Fernando real estate!
Prime Investment Opportunity in San Fernando - Multifamily Triplex Near Maclay Corridor with NO RENT CONTROL. Dont 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 Fernandos most desirable neighborhoods. Act fastopportunities like this are rare and wont last long on the market. Contact us today to schedule a viewing and secure your future in San Fernando real estate!
Location
State CA
County Los Angeles
Area San Fernando (91340)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Corner Lot, Curbs
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $36
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,200
Listing Terms Cash, Conventional, Exchange
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Listed by David Prieto • Sync Brokerage, Inc.
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