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 estimates—an increase of about $1,670 monthly.… Read More 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. Read Less
Property listed by Sync Brokerage, Inc., David Prieto 818-422-3831
Listing Snapshot
Days Online
52
Last Updated
Property Type
Triplex
Lot Size
0.16 Acres
Year Built
1935
MLS Number
SR26094887
Additional Details
Property Access
Road Surface: Paved
Building
Built in 1935, 3 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: Hagar St, Construction Materials: WoodSiding
Community
Curbs, StreetLights, Sidewalks
Cooling
WallWindowUnits
Fireplaces
None
Foundation
Raised, Slab
Garage
2 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Interior Features
AllBedroomsDown
Laundry
InGarage
Lot
0.1631 acres, FrontYard, RectangularLot
Parking
2 open parking spaces, 4 total parking spaces, DoorSingle, Garage, GarageFacesSide
CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, WaterAvailable, WaterConnected, Water Source: Public, 3 separate electric meters, 3 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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