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431 N Workman Street, San Fernando, California 91340, San Fernando, 91340 - 3 bed, 2 bath

431 N Workman Street, San Fernando, California 91340 home-pic-0
ACTIVE$780,000
431 N Workman Street, San Fernando, California 91340
3Beds
2Baths
1,474Sqft
5,815Lot
Year Built
1927
Close
-
List price
$780K
Original List price
$850K
Price/Sqft
$529
HOA
-
Days on market
-
Sold On
-
MLS number
CV25134627
Home ConditionPoor
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $780.0K(64th), sqft - 1474(64th), beds - 3(50th), baths - 2(50th).

Unlock a prime opportunity in San Fernando! This versatile property offers a strategic location with excellent visibility and access, making it ideal for savvy investors or owner-users seeking a residential income opportunity. This house features a spacious 3 bedrooms and 3 bathrooms, an oversized loft on the 2nd level. Plus an attached back house with 2 bedrooms, 2 bathrooms, a full kitchen, and a living room. Ideal for rental income, guests, or multi-generational living. Benefit from San Fernando's thriving economy, superb connectivity to major routes, and supportive community. Located near the 3 major Fwy’s 5, 210, and 118.

Price History

Date
Event
Price
11/07/25
Price Change
$780,000-8.2%
07/14/25
Listing
$850,000
Condition Rating
Poor
Built in 1927, this property is nearly a century old with no mention of significant renovations. The absence of interior images, particularly for kitchens and bathrooms, strongly suggests these areas are outdated and likely require substantial rehabilitation. The property analysis explicitly notes 'Advanced Property Age' and the potential need for 'significant updates to systems (plumbing, electrical) and higher ongoing maintenance costs.' While the exterior appears maintained, the lack of interior visibility and the age indicate that major components and aesthetics are likely in need of extensive repairs and modernization.
Pros & Cons

Pros

Income-Generating ADU/Multi-Gen Potential: The property includes an attached back house with 2 beds, 2 baths, full kitchen, and living room, offering significant rental income potential or ideal multi-generational living.
Prime Location & Connectivity: Strategically located in San Fernando with excellent visibility, access, and superb connectivity to major freeways (5, 210, 118), enhancing desirability and convenience.
Versatile Investment Profile: Positioned as an ideal opportunity for both savvy investors seeking residential income and owner-users, highlighting its broad market appeal.
Spacious Main Residence Layout: The main house features a generous 3 bedrooms, 3 bathrooms, and an oversized loft, providing ample and flexible living space.
Positive Local Market Environment: Benefits from San Fernando's thriving economy and supportive community, contributing to long-term property value and resident satisfaction.

Cons

Advanced Property Age: Built in 1927, the property is nearly a century old, potentially requiring significant updates to systems (plumbing, electrical) and higher ongoing maintenance costs.
Recent Price Reduction: A notable price drop from $850,000 to $780,000 suggests initial overpricing or challenges in attracting buyers, which may raise questions about its market value.
Unclear Total Square Footage: The listed 1474 sqft appears low given the description of a 3-bed/3-bath main house with a loft plus a 2-bed/2-bath attached back house, potentially leading to buyer confusion regarding actual usable living space.

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