Property Detail

Description

Prime Investment Opportunity in San Fernando – Triplex with Huge Upside & No Rent Control! Unlock the potential of this rare multifamily triplex located in the heart of San Fernando, just steps away from the vibrant and rapidly developing Maclay corridor. This exceptional property features three spacious units, offering a total of 2,310 sq ft of living space on a generous 7,058 sq ft lot. Each unit is thoughtfully laid out to provide comfortable living, making them highly attractive to tenants. All tenants are currently on month-to-month leases, giving the new owner flexibility and the opportunity to adjust rents in the near future. Located in a city that does not impose rent control, this property presents an incredible opportunity for investors seeking strong cash flow and long-term appreciation. The surrounding neighborhood continues to grow in popularity thanks to its walkability and convenient access to local amenities such as popular bakeries, restaurants, shopping centers, major banks, churches, auto repair shops, and healthcare providers. This central location helps ensure consistent tenant demand and low vacancy rates. What makes this opportunity even more compelling is the chance to expand. The neighboring property at 129 N Hagar is also available for sale, creating a rare chance to combine both lots for a larger development project. Whether you're a seasoned investor looking to build your rental portfolio or a developer with an eye for future growth, this offering is loaded with potential. With excellent access to public transportation and major highways, this property is ideally situated to attract a wide range of renters. Don't miss your chance to secure a high-potential, income-generating asset in one of the most dynamic markets in the San Fernando Valley. Contact us today to schedule a private tour and explore the possibilities!