Triplex With Detached
For Sale
$949,950
1714 2nd, San Fernando, CA 91340
Three residential units provide private backyards and two-bedroom, one-bath layouts.
Property Size2,700 SF
Lot Size0.20 Acres
Days on Market98
Property Features for 1714 2nd
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
3
Lot size
0.20 Acres
Property subtype
Triplex
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Amenities
private backyard
Building Details
Building Size
2,700 SF
Year Built
1948
Listing Agency:
Park Regency Realty
Listed By:
Hector Palacios · License #01197231
(818) 363-6116
Source:
Archetyperealty
Added: May 29
Changed: Sep 3
Last Checked: Sep 3 at 2:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Park Regency Realty
Investment Insights
Based on property information with market context.
This triplex contains three residential units, each configured with two bedrooms, one bathroom, and approximately 900 square feet of living area. Every unit includes a private backyard. Property improvements include a newer roof, an updated electrical system, and a detached garage with capacity for three vehicles. The building was constructed in 1948 and occupies an 8,773-square-foot lot.
The property is located in San Fernando near Maclay Street, with the address at 1714 2nd. Its three-unit configuration, individual outdoor areas, and detached garage provide a clearly defined residential income property layout.
The property is located in San Fernando near Maclay Street, with the address at 1714 2nd. Its three-unit configuration, individual outdoor areas, and detached garage provide a clearly defined residential income property layout.
Key Highlights
- Three units, each with 2 bedrooms, 1 bathroom, and approximately 900 square feet
- Private backyard assigned to each unit
- Detached 3‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,152
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,040
$943.0K
Cap Rate 7%
$673,600
$673.6K
Cap Rate 9%
$523,911
$523.9K
Market Conditions
NOI Build-Up for 2,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.9K $27.00/SF
− Vacancy
−$5.5K −$2.05/SF
EGI
$67.4K $24.95/SF
− OpEx
−$20.2K −$7.48/SF
NOI
$47.2K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,040
Cap Rate 7%
$673,600
Cap Rate 9%
$523,911
Alternative Uses
Best Use
Multifamily LT 5
$673.6K
$589.4K – $785.9K
NOI $47,152 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$620.6K
$543.1K – $724.1K
NOI $43,445 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,190 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,903
Businesses Nearby
Explore this area
Business Placement
Demographics for 91340, CA
34,610
Population
9,011
Households
3.8
Avg Household Size
35
Median Age
14%
College-Educated
64%
High-School Grad
3.4 sq mi
ZIP Area
10,179
Density / Sq Mi
$79,124
Median Household Income
$37,193
Median Earnings
$1,740
Median Rent
$624,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units provide private backyards and two-bedroom, one-bath layouts.
Where is this triplex located?
The property is located at 1714 2nd San Fernando, CA.
What is the asking price?
The asking price for this property is $949,950.
What are key features of this property?
This property features: Three units, each with 2 bedrooms, 1 bathroom, and approximately 900 square feet; Private backyard assigned to each unit; Detached 3‑car garage
