San Fernando, CA 91340,129 N Hagar ST
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$ 990,000
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129 N Hagar ST San Fernando, CA 91340

3 Beds

3 Baths

1,743 SqFt


UPDATED:

Key Details

Property Type 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

HOA Y/N No

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*

Rooms

Main Level Bedrooms 4

Interior

Interior Features All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

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

Total Parking Spaces 2

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type Triplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2520024009

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


CRMLS – RECore
Listed by David Prieto Sync Brokerage, Inc. 818-422-3831
Brenden Lusk

Brenden Lusk

Agent | License ID: 02213914

+1(408) 375-0039

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129 N Hagar ST