129 N Hagar, San Fernando, CA 91340
- $965,000
- List Price
- $965,000
- Status
- ACTIVE
- MLS#
- SR26094887
- Year Built
- 1935
- Lot Size
- 7,106
- Acres
- 0.16
- Lot Location
- Front Yard, Rectangular Lot
- Days on Market
- 87
- Property Type
- Multifamily
- Style
- Bungalow
- Property Sub Type
- Triplex
- Stories
- One Level
Property 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 estimates—an 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.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Wood Siding
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: David Prieto (david@syncbrokerage.com) from Listing Office: Sync Brokerage, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.