Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $6,360/mo
- Units
- 3
- Price per unit
- $321,667
- Est. annual NOI
- $38,160
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $72,504
- Operating expenses
- $36,252
- Net operating income
- $36,252
- Annual debt service
- $57,782
- Annual cash flow
- -$21,530
- Cash on cash return
- -8.9%
- Down payment
- $241,250
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Triplex
- Bedrooms
- 3
- Building size
- 1,713 sqft
- Lot size
- 7,106 sqft
- Year built
- 1935
- Stories
- 1
- Garage spaces
- 2
- Style
- Bungalow
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 5
- MLS #
- 241697288
About this property
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.
Location
129 N Hagar
San Fernando, Los Angeles, CA, 91340