
San Fernando, California 91340
This Multi-Unit Income Property is listed at $1,100,000, aligning perfectly with its $1,100,000 Fair Market Value. Featuring a 4-bedroom main residence, a permitted 1-bedroom ADU, and a converted garage, the estate offers three distinct living opportunities in a Good Condition Rating. The interior boasts an updated stone-countertop kitchen and modern laminate flooring, while the location provides access to the 8-rated Jefferson School. This versatile compound offers significant rental upside and residential flexibility, making it a high-utility asset for House-Hackers or Multi-Generational Families seeking a stable, income-generating home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 Kewen Street Subject | $1,050,000* List Price | 4 | 3 | 2,588 | $406 | - |
A 11023 Laurel Canyon Boulevard Sold | $830,000 | 5 | 3 | 1,837 | $452 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained. The kitchen has been updated with stone countertops and stainless steel appliances, and the interior features modern laminate flooring and neutral paint. While the original structure dates to 1911, the effective age and visible renovations (including a permitted ADU and garage conversion) align with the 'good' criteria, showing minimal wear and tear and updated functional systems without being a brand-new or high-end luxury renovation.
The property features three distinct living opportunities, including a 4-bedroom main house, a permitted 1-bedroom ADU, and a garage conversion, making it an ideal asset for house-hacking or high-yield rental portfolios.
With multiple separate living areas and independent addresses, the layout is perfectly suited for multi-generational families or owners requiring private, dedicated spaces for home offices and guests.
Centrally located in the heart of San Fernando, the property offers convenient access to local schools, diverse dining options, shopping centers, and major transportation corridors.
A recent significant price increase from $930,000 to $1,100,000 may challenge market appraisals and deter buyers looking for entry-level investment opportunities in the area.
Given the original structure dates back to 1911, the property likely requires ongoing maintenance and potential upgrades to aging systems to meet modern efficiency standards.
Welcome to 1012 Kewen St in San Fernando, a potential income-producing property offering multiple living spaces and incredible flexibility for homeowners and investors alike. The main residence features 4 bedrooms and 2 bathrooms with approximately 1,721 sq ft of living space, blending classic character with functional living. Originally built in 1911, the home sits on a 4,984 sq ft lot and offers plenty of potential for multi-generational living or rental income. In addition to the main home, the property includes a permitted guest house (ADU) with its own address, 1014 Kewen St, featuring 1 bedroom, 1 bathroom, a kitchen, and living area, plus a garage conversion, creating three separate living opportunities on one lot. This setup makes the property ideal for house-hacking, extended family living, or maximizing rental income. Located in the heart of San Fernando, the property is close to shopping, dining, schools, and major transportation routes. Whether you're looking for a primary residence with rental potential or a strong investment opportunity, this versatile property offers both immediate income possibilities and long-term upside.
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 5-8 • 1.4 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,588 | 1,435 | 96% |
| Lot Size | 9,749 | 6,899 | 91% |
| Price | $1.05M | $750.0K | 91% |
| Price per sq ft | $406 | $542 | 9% |
| Built year | 1998 | 1954 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 179 | 30% |
Mar 25, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Mar 6, 2026
$1,100,000
$930,000
+18% Price Increase
Initial Listing
Jan 6, 2026
$930,000
Initial Listing
Mar 9, 2018
$615,000
Public Record
Dec 24, 2001
$423,000
Public Record
Jan 19, 1999
$262,000
Public Record