129 N Hagar St in San Fernando presents a compelling value-add opportunity for both investors and owner-users seeking strong upside potential. This triplex is currently fully occupied and generating $4,680 per month, with clear rental upside to approximately $6,350 per month based on market estimates—an increase of about $1,670 monthly. Notably, the property is not subject to rent control, providing greater flexibility for rental adjustments and long-term income growth. The property offers a desirable unit mix with immediate income and the ability to improve cash flow through strategic rent increases and property improvements. The seller is open to negotiating Cash for Keys, creating a unique opportunity for an end-user buyer to potentially occupy one unit while renting the others, or for an investor to reposition the asset more efficiently. Additionally, there may be potential to further enhance returns through ADU development (buyer to verify), which could significantly increase overall income. Located in a high-demand rental area near schools, shopping, and major transit corridors, the property benefits from strong tenant demand and continued growth in the San Fernando market, making it an excellent opportunity for both income and long-term appreciation.
1,713 Sq Ft
7,106 Sq Ft Lot Size
investment
Built in 1935
MLS/Listing ID SR26094887
1 Stories
3 Units
Shingle
Public Sewer
Public Water
Style - Bungalow
Parking - Door Single
Parking - Garage
Parking - Garage Faces Side
Heating - Wall Furnace
Raised
Lot - Front Yard
Lot - Rectangular Lot
In Garage
All Bedrooms Down
Community - Street Lights
Community - Sidewalks
Community - Curbs
Construction - Wood Siding
Cooling - Wall/window unit(s)
Slab
TOTAL MONTHLY COST
US$0
US$0
US$0