Triplex with Detached
New
For Sale
$899,555
1714 2nd, San Fernando, CA 91340
Three occupied residences each include two bedrooms, a fireplace, and a private backyard.
Property Size2,700 SF
Days on Market3
Property Features for 1714 2nd
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
3
Property subtype
Triplex
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Amenities
fireplace
private backyard
Building Details
Building Size
2,700 SF
Year Built
1948
Buildings
1
Listing Agency:
Park Regency Realty
Listed By:
Hector Palacios · License #01197231
(818) 521-7653
Source:
Truthrealty
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 5 at 2:37AM
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
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Investment Insights
Based on property information with market context.
Built in 1948, this triplex contains three residences, each with two bedrooms, one bathroom, a dining area, and a living room with a fireplace. Each unit offers approximately 900 square feet and its own private backyard. Three detached garages serve the property. Improvements include a newer roof and updated electrical panels.
The property is in San Fernando, near shopping and dining. The residences are occupied by long-term tenants.
The property is in San Fernando, near shopping and dining. The residences are occupied by long-term tenants.
Key Highlights
- Three units, each with 2 bedrooms and 1 bathroom
- Approximately 900 square feet per unit, with dining area and fireplace
- Private backyard for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,152
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
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
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 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 5.24%
Second Best
Apartment 5plus
$620.6K
$543.1K – $724.1K
NOI $43,445 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,190 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,903
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences each include two bedrooms, a fireplace, and a private backyard.
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 $899,555.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; Approximately 900 square feet per unit, with dining area and fireplace; Private backyard for each residence
