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13277 Maclay, San Fernando, California 91340, San Fernando, 91340 - bed, bath

13277 Maclay, San Fernando, California 91340 home-pic-0
ACTIVE$1,800,000
13277 Maclay, San Fernando, California 91340
0Bed
0Bath
5,600Sqft
8,085Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multi-Unit Investment: The property is a 10-unit apartment building, providing diversified income streams and a significant asset for investors in the San Fernando rental market.
Top Cons:
Age of Property: Built in 1954, the property is nearly 70 years old, which may necessitate significant capital expenditures for system upgrades (e.g., plumbing, electrical, HVAC) and general deferred maintenance.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1954 (71 years old).
Condition: Built in 1954, this 10-unit apartment building shows significant signs of age. The presence of multiple window AC units indicates a lack of central cooling/heating, a major outdated system. The exterior appears dated, and the listing description explicitly mentions 'significant upside potential through strategic renovations,' which strongly suggests the property requires substantial repairs and rehabilitation to meet current market standards and tenant expectations. There is no evidence of recent major renovations, and the property's systems are likely well past their expected lifespan.
Year Built
1954
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$321
HOA
-
Days on market
-
Sold On
-
MLS number
SR25228456
Home ConditionPoor
Features
View-

About this home

Introducing 13277 Maclay Street, an exceptional chance to acquire a 10-unit apartment building in the highly sought-after San Fernando rental market. The property features ten spacious one-bedroom, one-bath units, each designed for functionality and long-term tenant appeal. This asset offers investors a winning combination of stable in-place income and significant upside potential through strategic renovations and rent growth. With strong rental demand and limited multifamily inventory in San Fernando, this property stands out as a rare opportunity to secure a foothold in one of the Valley’s most desirable submarkets. Located near schools, retail, transit, and major freeways, the property provides tenants with unmatched convenience, ensuring consistent occupancy and long-term cash flow. Whether you’re a seasoned investor or expanding your portfolio, 13277 Maclay Street delivers dependable performance today and the potential for stronger returns tomorrow.

Condition Rating
Poor
Built in 1954, this 10-unit apartment building shows significant signs of age. The presence of multiple window AC units indicates a lack of central cooling/heating, a major outdated system. The exterior appears dated, and the listing description explicitly mentions 'significant upside potential through strategic renovations,' which strongly suggests the property requires substantial repairs and rehabilitation to meet current market standards and tenant expectations. There is no evidence of recent major renovations, and the property's systems are likely well past their expected lifespan.
Pros & Cons

Pros

Multi-Unit Investment: The property is a 10-unit apartment building, providing diversified income streams and a significant asset for investors in the San Fernando rental market.
Strong Market Demand: Located in a highly sought-after area with strong rental demand and limited multifamily inventory, ensuring consistent occupancy and competitive rental rates.
Income Potential: Offers a winning combination of stable in-place income and significant upside potential through strategic renovations and rent growth, appealing to value-add investors.
Tenant-Friendly Units: Features ten spacious one-bedroom, one-bath units, designed for functionality and long-term tenant appeal, contributing to tenant retention.
Prime Location: Conveniently located near schools, retail, transit, and major freeways, enhancing tenant desirability and ensuring consistent occupancy.

Cons

Age of Property: Built in 1954, the property is nearly 70 years old, which may necessitate significant capital expenditures for system upgrades (e.g., plumbing, electrical, HVAC) and general deferred maintenance.
Renovation Dependent Upside: Achieving 'significant upside potential' is explicitly tied to 'strategic renovations,' indicating that substantial investment will be required to maximize returns and modernize the units.
Limited Unit Diversity: All ten units are one-bedroom, one-bath, which limits the tenant demographic to singles or couples and may not appeal to families, potentially restricting market flexibility.

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