
San Fernando, California 91340
This Multi-Unit Income Property represents a High-Potential Investment Opportunity, listed at $795,000—positioning the asset accurately at its $795,000 Fair Market Value. Currently generating $5,750 in monthly rental income across three occupied units, the property offers immediate cash flow in a high-demand rental market. While carrying a Condition Rating of 4 that suggests future updates, the inclusion of 2022 permits for an ADU and Jr. ADU provides a clear path for forced appreciation. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in San Fernando.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11577 Amboy Avenue Subject | $795,000* List Price | 4 | 2 | 1,738 | $457 | - |
A 622 Griffith Sold | $790,000 | 3 | 2 | 1,457 | $542 | 0.7 mi |
B 11023 Laurel Canyon Boulevard Sold | $830,000 | 5 | 3 | 1,837 | $452 | 0.8 mi |
C 604 Woodworth Street Sold | $560,000 | 3 | 2 | 1,216 | $461 | 0.7 mi |
D 1319 Hollister Street Active | $750,000 List Price | 4 | 2 | 1,300 | $577 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is over 60 years old. While it is income-producing with multiple units, the listing description explicitly notes the 'Age of Property & Potential for Updates,' suggesting 'outdated systems, finishes, or the potential for deferred maintenance.' The provided exterior images show a property that appears lived-in and somewhat unkempt, lacking recent aesthetic updates or meticulous upkeep. Crucially, there are no interior images, particularly of the kitchen and bathrooms, which are key indicators of condition and style. The absence of these images, combined with the property's age and the description's weaknesses, strongly suggests these areas are likely outdated and would require minor to substantial updates to meet current quality standards. The property is functional but shows clear signs of age and would benefit from renovations.
The property currently generates $5,750 per month from three occupied units, offering immediate and solid income for investors or owner-occupants.
Marketed as a 'Fantastic Investment Opportunity,' this versatile income-producing property is ideal for those seeking rental income in a desirable area.
Centrally located in San Fernando, the property boasts a highly walkable neighborhood with easy access to shopping, schools, parks, public transportation, and freeways.
Built in 1962, the property is older, which may suggest outdated systems, finishes, or the potential for deferred maintenance requiring future capital expenditures.
The description notes the main home was modified into two units and the garage converted, with permits pulled for ADU/Jr. ADU, but explicitly states 'buyer to verify with the City of Los Angeles,' implying potential for further steps or clarification needed for full legal compliance.
The listing price of $795,000 is approximately 2% above the current property estimation of $779,009.83, suggesting it may be priced at the higher end of market value.
Fantastic Investment Opportunity in Prime San Fernando Location! Don't miss this rare chance to own a versatile income-producing property in a highly walkable neighborhood. The property currently features three occupied units: the main home has been modified into two separate living spaces, and the detached garage has been converted into an additional unit. A permit for the main house, ADU, and Jr. ADU was pulled in January 2022, offering great potential for future updates or expansion (buyer to verify with the City of Los Angeles).All three units are currently rented with total actual rents of $5,750 per month, providing solid income from day one. Each unit offers its own unique charm, with a spacious shared backyard shaded by mature trees and convenient side parking. Centrally located near shopping, schools, parks, and public transportation, with easy freeway access. Priced to sell at $795,000 an excellent opportunity for investors or owner-occupants seeking income potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,738 | 1,435.5 | 73% |
| Lot Size | 5,005 | 6,823.5 | 14% |
| Price | $795.0K | $770.0K | 55% |
| Price per sq ft | $457 | $542 | 18% |
| Built year | 1962 | 1953 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 162 | 176 | 41% |
Nov 11, 2025
$795,000
Initial Listing
Oct 20, 2022
$770,000
Public Record
Apr 3, 2015
$100,000
Public Record
Jan 23, 2009
$185,500
Public Record
Mar 22, 2006
$538,000
Public Record
Jul 1, 1997
$134,000
Public Record