1049 N Macneil, San Fernando, California 91340, San Fernando, 91340 - 4 bed, 2 bath
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San Fernando, California 91340
This Spacious Renovated Residence is a Prime Investment Opportunity, listed at $865,000—positioned well below the $967,059 Fair Market Value by 10%. This valuation gap provides $102,059 in Instant Equity for the incoming buyer. Featuring a Move-in Ready Condition Rating, the home boasts recent renovations, vaulted ceilings, and a private patio. The massive 11,571 sqft lot and bonus room offer significant ADU conversion potential for rental income or multi-generational living. This property is perfectly suited for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1049 N Macneil Subject | $849,900* List Price | 4 | 2 | 1,890 | $458 | - |
A 11858 Fellows Ave. Sold | $998,800 | 4 | 3 | 1,910 | $523 | 0.6 mi |
B 613 N Meyer Street Sold | $865,000 | 3 | 3 | 1,868 | $463 | 0.9 mi |
C 618 N Lazard Active | $875,000 List Price | 4 | 2 | 1,707 | $513 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone recent renovations, including new laminate flooring, fresh paint, and updates to the kitchen. While the structure dates back to 1954, it features modern comforts such as central HVAC, vaulted ceilings, and built-in kitchen appliances. The home appears well-maintained with no immediate repairs required, though it retains some vintage infrastructure and a non-traditional layout in the bonus room area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11571, living area = 1890.
The property features a massive bonus room and an expansive 11,571 sqft lot, offering significant potential for an ADU conversion or additional development to increase property value and utility.
The home has been recently updated with new laminate flooring, fresh paint, and a modern kitchen, providing a move-in-ready experience with contemporary aesthetic appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1890, other record living area = 1634. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1954, the property may have underlying plumbing or electrical systems that require more maintenance compared to newer constructions, despite recent cosmetic upgrades.
The discrepancy between the three-bedroom description and four-bedroom listing suggests the fourth room is a converted bonus space, which may lack the privacy or standard features of a traditional bedroom.
Extraordinary opportunity to own this fantastic property. Drive up and appreciate the curb appeal. Step through the double white doors and check out the spacious living room with vaulted ceilings, new laminate flooring and a cozy fireplace. Move to the spacious formal dining room, which has plenty of space to fit a large dining table perfect for hosting. Walk through to the conveniently designed kitchen with a built-in cooktop range, a built-in double oven and plenty of counter space for cooking. Stroll down the hallway and take in the spacious floorplan with 3 bedrooms and 2 full baths. But there is more: make your way to the massive bonus room adjacent to the garage and visualize the possibilities, ADU? Family room? This property has massive potential for converting the east wing into a large ADU. Step out to the enclosed sunroom and take in the landscaping and fruit trees in the massive back yard, perfect for entertaining or building. This fine home has central HVAC and has been recently renovated. This home is seeking a new homeowner to call it Home sweet home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,890 | 1,435 | 83% |
| Lot Size | 11,571 | 6,899 | 96% |
| Price | $849.9K | $750.0K | 70% |
| Price per sq ft | $450 | $542 | 13% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 179 | 13% |
Mar 27, 2026
$849,900
$865,000
-2% Price Drop
Initial Listing
Mar 5, 2026
$865,000
Initial Listing
Oct 21, 2014
$410,000
Public Record