Triplex with Private
1714 2nd San Fernando, CA 91340
1714 2nd, San Fernando, CA, 91340
$989,000
For Sale
$989,000
Three 2-bedroom units each include a private backyard, supported by a detached 3-car garage and a newer roof.
Property Size2,700 SF
Price / SF$366.30
Days on Market49
Property Features for 1714 2nd
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1948
Listing agency
Management Systems, Corporation
(818) 363-6116
Listed by
Hector Palacios · License #01197231
Source
Elliman
Added: Jun 4 Updated: Jul 10 at 1:51PM Checked: Jun 6 at 4:19AM
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 Management Systems, Corporation
Investment Insights
Based on property information with market context.
This triplex consists of three residential units, and each unit is described as having 2 bedrooms and 1 bathroom with approximately 900 square feet of living space. The property provides private outdoor space, as each unit has its own backyard. The roof is noted as newer, and there is also a detached 3-car garage on the site.
The property is located in San Fernando, described as being centrally located and just minutes from Maclay Street. The overall lot size is listed as 8,773 square feet.
For owner-users or investors seeking a small multi-family asset, the unit mix and private yards can support tenant appeal by giving each household its own outdoor area. The remarks also note the property could benefit from some updating and TLC, which may align with buyers looking to refresh the interior finishes while retaining the existing triplex configuration.
The property is located in San Fernando, described as being centrally located and just minutes from Maclay Street. The overall lot size is listed as 8,773 square feet.
For owner-users or investors seeking a small multi-family asset, the unit mix and private yards can support tenant appeal by giving each household its own outdoor area. The remarks also note the property could benefit from some updating and TLC, which may align with buyers looking to refresh the interior finishes while retaining the existing triplex configuration.
Key Highlights
- Triplex built in 1948 with three 2‑bedroom, 1‑bath units
- Approx. 900 SF of living space per unit (3 units total)
- Each unit includes its own private backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.9k | $27.00 |
| − Vacancy | −$5.5k | −$2.05 |
| EGI | $67.4k | $24.95 |
| − OpEx | −$20.2k | −$7.48 |
| NOI | $47.2k | $17.46 |
2,700 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$673.6K
$589.4K – $785.9K
NOI $47,152 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$620.6K
$543.1K – $724.1K
NOI $43,445 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,190 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three 2-bedroom units each include a private backyard, supported by a detached 3-car garage and a newer roof.
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 $989,000.
What are key features of this property?
This property features: Triplex built in 1948 with three 2‑bedroom, 1‑bath units; Approx. 900 SF of living space per unit (3 units total); Each unit includes its own private backyard
