1714 2nd, San Fernando, California 91340, San Fernando, 91340 - 0 bed, 0 bath
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San Fernando, California 91340
This triplex presents a High-Potential Investment Opportunity with a List Price of $999,999—positioned slightly above the $991,688 Fair Market Value. While not a discount acquisition, the property offers significant upside through its 8,773-square-foot lot and three 2-bedroom units, each featuring a private backyard. With a Condition Rating of 4, the asset requires modernization, providing a clear path for forced appreciation. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1714 2nd Subject | $999,999* List Price | 0 | 0 | 2,700 | $367 | - |
A 731 & 733 N. Alexander Street Pending | $1,000,000 List Price | 6 | 3 | 2,409 | $415 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this 78-year-old triplex is described as needing 'updating and TLC,' indicating dated interiors and systems likely exceeding 20 years of age. While the roof is newer, the overall condition requires minor repairs and modernization to maximize value.
Each of the three units features its own private backyard, a rare and highly desirable amenity for multi-family properties that significantly increases tenant retention and rental appeal.
The large 8,773-square-foot lot and units requiring TLC present a significant opportunity for investors to modernize the property and maximize income potential through forced appreciation.
The inclusion of a newer roof and a detached 3-car garage provides essential amenities and reduces immediate capital expenditure for the new owner.
The property is noted to need updating and TLC, which will require an upfront investment of time and capital to reach its full market potential.
Dating back to 1948, the property may possess older plumbing, electrical, or mechanical systems that could necessitate costly repairs or modernization in the near future.
Great investment opportunity! This centrally located triplex in San Fernando is situated just minutes from Maclay Street and features three spacious units, each offering 2 bedrooms, 1 bathroom, and approximately 900 square feet of living space. Each unit enjoys its own private backyard, providing added comfort and privacy for tenants. The property also features a newer roof, a detached 3-car garage, and a large 8,773-square-foot lot with plenty of potential. While the property could benefit from some updating and TLC, it presents an excellent opportunity for investors or owner-users looking to add value and maximize income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,700 | 1,494 | 67% |
| Lot Size | 8,777 | 6,574 | 67% |
| Price | $1000.0K | $885.0K | 67% |
| Price per sq ft | $370 | $562 | 33% |
| Built year | 1948 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 185 | 33% |
May 29, 2026
$999,999
Initial Listing
Oct 17, 2017
$522,500
Public Record