129 N Hagar ST new Save Request In-Person Tour Request Virtual Tour
San Fernando,CA 91340
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,743 sqft
Price per Sqft $567
MLS Listing ID SR25202772
Bedrooms 3
Full Baths 3
Year Built 1935
Lot Size 7,104 Sqft
Property Sub-Type Triplex
Property Description
This exceptional triplex presents a rare investment opportunity, offering both immediate rental income and long-term upside in the thriving San Fernando Valley. Ideally located just steps from the vibrant Maclay corridor, the property features two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, providing a total of 1,743 sq ft of living space on a generous 7,104 sq ft lot with ample parking. Presented in its original condition, this diamond in the rough is a true value-add opportunity for investors ready to unlock its full potential. With no rent control, buyers have the flexibility to maximize rental income and implement future rent increases without restrictions, while the high-demand location ensures consistently strong tenant interest and low vacancy rates. Surrounded by neighborhood conveniences including bakeries, restaurants, banks, auto shops, medical clinics, and churches, the property appeals directly to renters seeking walkability and accessibility, with the added benefit of easy commuter access to major highways and public transit. Based on the lot size and existing detached 2-car garage, there is also the potential to add at least one additional unit, further increasing rental income and long-term property value. Whether you are a seasoned investor looking to expand your portfolio, considering a 1031 exchange, or a developer seeking your next project in an appreciating neighborhood, this triplex checks all the boxes for strong cash flow today and substantial appreciation tomorrow.
Location
State CA
County Los Angeles
Area Sf - San Fernando
Zoning SFR3*
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Average Condition
Pool None
Community Features Street Lights,Sidewalks
View Y/N No
View None
Roof Type Shingle
Building
Lot Description Rectangular Lot
Dwelling Type Triplex
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard