Homes for sale - 129 N Hagar ST, San Fernando, CA 91340

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25207525

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

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry In Garage

Exterior

Parking Features Garage,Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Average Condition,Chain Link,Wood

Pool None

Community Features Street Lights,Sidewalks

Utilities Available Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Water Connected

View Y/N No

View None

Roof Type Shingle

Building

Lot Description Back Yard,Front Yard,Rectangular Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

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