129 N Hagar
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. The property offers a desirable unit mix with immediate income and the ability to improve cash flow through strategic rent adjustments 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 quickly. 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.
Broker Details
Sync Brokerage Inc (818) 770-3660
MLS ID: F207058343 State License Number: 01881417
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $965,000 |
| No. of Units: | 3 |
| Year Built: | 1935 |
| Opportunity Zone: | No |
| Price per unit: | $321,667 |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-MRMLSCA-SR26094887
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