
San Fernando, California 91340
This High-Potential Investment Opportunity is a Residential Income Triplex listed at $989,000, positioned well below the $999,999 Fair Market Value by 1%. This valuation gap offers $10,999 in Instant Equity. Featuring a Condition Rating of 4, the property includes a newer roof and electrical system, providing a stable foundation for value-add renovations. With a large 8,773-square-foot lot and detached 3-car garage, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to maximize rental income through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1714 2nd Subject | $949,950* List Price | 0 | 0 | 2,700 | $352 | - |
A 731 & 733 N. Alexander Street Sold | $1,020,000 | 6 | 3 | 2,409 | $423 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property was built in 1948, it features a newer roof and updated electrical systems which mitigate major safety concerns. However, the lack of interior photos and the listing's emphasis on 'adding value' suggest that the kitchens and bathrooms are dated (likely 20+ years old) and require modernization to reach current market standards.
Each of the three units features a spacious 2-bedroom, 1-bathroom floor plan with its own private backyard, a rare feature that significantly enhances tenant retention and rental value.
The property boasts a newer roof and updated electrical systems, providing peace of mind for investors by reducing immediate capital expenditure requirements.
Situated on a large 8,773-square-foot lot with a detached 3-car garage, there is significant potential for future expansion or ADU conversion to maximize rental income.
Originally built in 1948, the property may require ongoing maintenance or further modernization of original components not covered by recent upgrades.
A recent price reduction and 30 days on the market suggest the property may be facing initial resistance at its current valuation in the local investment market.
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, Newer electrical system, detached 3-car garage, and a large 8,773-square-foot lot with plenty of potential. 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 |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,700 | 1,580.25 |
| Lot Size | 8,777 | 5,534.75 |
| Price | $950.0K | $796.0K |
| Price per sq ft | $352 | $522 |
| Built year | 1948 | 1936 |
| HOA | $0 | $0 |
| Days on market | 103 | 111 |
Jul 17, 2026
$949,950
$975,000
-3% Price Drop
Initial Listing
Jul 16, 2026
$975,000
$989,000
-1% Price Drop
Initial Listing
Jun 28, 2026
$989,000
$999,999
-1% Price Drop
Initial Listing
May 29, 2026
$999,999
Initial Listing
Oct 17, 2017
$522,500
Public Record