129 N Hagar,San Fernando, CA 91340
San Fernando, CA 91340
Description
129 N Hagar St in San Fernando presents a compelling value-add opportunity for both investors and owner-users seeking strong upside potential. This triplex is currently fully occupied and generating $4,680 per month, with clear rental upside to approximately $6,350 per month based on market estimatesan increase of about $1,670 monthly. Notably, the property is not subject to rent control, providing greater flexibility for rental adjustments and long-term income growth. The property offers a desirable unit mix with immediate income and the ability to improve cash flow through strategic rent increases and property improvements. The seller is open to negotiating Cash for Keys, creating a unique opportunity for an end-user buyer to potentially occupy one unit while renting the others, or for an investor to reposition the asset more efficiently. Additionally, there may be potential to further enhance returns through ADU development (buyer to verify), which could significantly increase overall income. Located in a high-demand rental area near schools, shopping, and major transit corridors, the property benefits from strong tenant demand and continued growth in the San Fernando market, making it an excellent opportunity for both income and long-term appreciation.
Details
| MLS # | SR26094887 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 113 |
| Listing Provided By | Sync Brokerage, Inc. | David Prieto |
Features
| SQ Feet | 1,713 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Acreage | 0.16 |
| Property View | None |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Siding |
| Foundation Details | Raised, Slab |
| Lot Features | Front Yard, Rectangular Lot |
Parking
| Parking Features | Door Single, Garage, Garage Faces Side |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Fernando |
| Zip Code | 91340 |
| Area | SF San Fernando |
| Listing VS Median (in 91340) | |
Price: $965,000 low | high Med: $1,000,000 sqft: 1,713 low | high Med: 1,400 $ / sqft: $563 low | high Med: $714 On site: 113 low | high Med: 107 | |
Market Activity 91340
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Fernando |
| Zip Code | 91340 |
| Area | SF San Fernando |
| Listing VS Median (in 91340) | |
Price: $965,000 low | high Med: $1,000,000 sqft: 1,713 low | high Med: 1,400 $ / sqft: $563 low | high Med: $714 On site: 113 low | high Med: 107 | |
