Three-Home Multifamily
For Sale
$1,445,000
9959 Wisner, San Fernando, CA 91345
Vacant detached residences include a junior ADU and fully paid solar.
Property Size3,000 SF
Days on Market105
Property Features for 9959 Wisner
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Investment
Units
Unit Mix
2 x 3BR/3BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Amenities
solar panels
Building Details
Building Size
3,000 SF
Year Built
1953
Buildings
3
Stories
1
Units
3
Listed By:
Tammy Delwarte
(818) 406-2802
Source:
Elliman
Added: Jul 4
Changed: Oct 9
Last Checked: Oct 14 at 11:22PM
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 Tammy Delwarte
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property at 9959 Wisner in San Fernando includes three detached residences on one lot. The configuration comprises two 3-bedroom, 3-bath homes and a detached 1-bedroom, 1-bath Jr. ADU, totaling 7 bedrooms and 7 bathrooms. All residences are vacant, and the property includes fully paid solar. The improvements date to 1953.
The property is positioned near freeways, shopping, dining, schools, and everyday amenities. Walk Score is 76, Bike Score is 55, and Transit Score is 40, providing documented walkability, bike access, and some transit service.
The property is positioned near freeways, shopping, dining, schools, and everyday amenities. Walk Score is 76, Bike Score is 55, and Transit Score is 40, providing documented walkability, bike access, and some transit service.
Key Highlights
- Three detached homes situated on one lot
- Two 3‑bedroom, 3‑bath residences plus a detached 1‑bedroom, 1‑bath Jr. ADU
- Combined layout includes 7 bedrooms and 7 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,272
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,440
$965.4K
Cap Rate 7%
$689,600
$689.6K
Cap Rate 9%
$536,356
$536.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$95.4K $31.80/SF
− Vacancy
−$7.6K −$2.54/SF
EGI
$87.8K $29.26/SF
− OpEx
−$39.5K −$13.17/SF
NOI
$48.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,440
Cap Rate 7%
$689,600
Cap Rate 9%
$536,356
Alternative Uses
Best Use
Apartment 5plus
$689.6K
$603.4K – $804.5K
NOI $48,272 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,433 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Explore this area
Business Placement
Demographics for 91345, CA
18,895
Population
5,672
Households
3.3
Avg Household Size
40
Median Age
21%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
5,905
Density / Sq Mi
$96,345
Median Household Income
$40,096
Median Earnings
$1,846
Median Rent
$654,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Vacant detached residences include a junior ADU and fully paid solar.
Where is this multifamily property located?
The property is located at 9959 Wisner San Fernando, CA.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: Three detached homes situated on one lot; Two 3‑bedroom, 3‑bath residences plus a detached 1‑bedroom, 1‑bath Jr. ADU; Combined layout includes 7 bedrooms and 7 bathrooms
