10005 Sepulveda, San Fernando, California 91345, San Fernando, 91345 - bed, bath
ACTIVE$1,395,000
10005 Sepulveda, San Fernando, California 91345
0Bed
0Bath
4,084Sqft
108,028.797Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: This 4-unit property is explicitly marketed as an 'Exceptional Investment Opportunity' with 'excellent rental income potential' in a highly desirable area.
Top Cons:
Under-Market Rents in Existing Units: Units B and C are currently rented at significantly lower rates ($1,233.02 and $1,379.99) compared to the remodeled Unit A ($3,000) and the potential for Unit D, indicating lost income potential or necessary upgrades.
Compared to the nearby listings
Price:$1.40M vs avg $1.06M (+$332,500)75%
Size:4,084 sqft vs avg 2,268.5 sqft75%
Price/sqft:$342 vs avg $45425%
More Insights
Built in 1964 (61 years old).
Condition: While the building was constructed in 1964, the listing explicitly states that two of the four units (Unit A and Unit D) have been 'fully remodeled with new bathrooms, kitchen, flooring, and in-unit washer and dryer,' also featuring central A/C and heating. The provided images showcase a modern, fully updated kitchen with new white cabinetry, dark countertops, stainless steel appliances (including a sleek range hood), and new marble-look tile flooring throughout. The in-unit washer/dryer is also new and modern. These extensive renovations bring the condition of these key units to an excellent standard, meeting current quality and style expectations.
Year Built
1964
Close
-
List price
$1.4M
Original List price
$1.49M
Price/Sqft
$342
HOA
$850
Days on market
-
Sold On
-
MLS number
SR25245262
Home ConditionExcellent
Features
Good View:
Pool
View-
About this home
Exceptional Investment Opportunity! Located in a highly desirable area, this well-maintained building offers an incredible chance to own a 4-unit property with excellent rental income potential.The HOA fee covers property management, beautifully landscaped common areas, pool maintenance, and trash service. • Unit A: Two stories, 3 bedrooms / 2.5 bathrooms fully remodeled with new bathrooms, kitchen, flooring, and in-unit washer and dryer. Features central A/C and heating. Currently rented for $3,000/month. • Unit B: 2 bedrooms / 2 bathrooms — rented for $1,233.02/month. • Unit C: 2 bedrooms / 2 bathrooms — rented for $1,379.99/month. • Unit D: Fully remodeled 2 bedrooms / 2 bathrooms with in-unit washer and dryer. Features central A/C and heating and will be delivered vacant!
Condition Rating
Excellent
While the building was constructed in 1964, the listing explicitly states that two of the four units (Unit A and Unit D) have been 'fully remodeled with new bathrooms, kitchen, flooring, and in-unit washer and dryer,' also featuring central A/C and heating. The provided images showcase a modern, fully updated kitchen with new white cabinetry, dark countertops, stainless steel appliances (including a sleek range hood), and new marble-look tile flooring throughout. The in-unit washer/dryer is also new and modern. These extensive renovations bring the condition of these key units to an excellent standard, meeting current quality and style expectations.
Pros & Cons
Pros
Strong Investment Opportunity: This 4-unit property is explicitly marketed as an 'Exceptional Investment Opportunity' with 'excellent rental income potential' in a highly desirable area.
Immediate Rental Income & Vacancy Upside: The property generates existing rental income from three units, and Unit D will be delivered vacant, allowing for immediate market rent adjustment or owner-occupancy.
Recently Remodeled Units: Two of the four units (Unit A and Unit D) have been fully remodeled with new bathrooms, kitchens, flooring, central A/C, heating, and in-unit washer/dryers, enhancing tenant appeal and value.
Comprehensive HOA Management: The HOA fee covers property management, beautifully landscaped common areas, pool maintenance, and trash service, reducing the owner's direct operational responsibilities.
Desirable Location: Located in a 'highly desirable area' of San Fernando, which typically supports strong rental demand and property appreciation.
Cons
Under-Market Rents in Existing Units: Units B and C are currently rented at significantly lower rates ($1,233.02 and $1,379.99) compared to the remodeled Unit A ($3,000) and the potential for Unit D, indicating lost income potential or necessary upgrades.
Building Age & Potential Deferred Maintenance: Built in 1964, the property's age suggests potential for older infrastructure in the un-remodeled units or common areas, which may require future capital expenditures.
High Monthly HOA Fee: A substantial monthly HOA fee of $850 impacts the net operating income and overall profitability, despite the included services.