Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

4,050 sqft

Lot size

6,516 sqft

Year built

1958

Stories

2

Garage spaces

0

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

249054871

About this property

EXCELLENT 6-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN SAN FERNANDO! Welcome to 1023 Hewitt Street, an income-producing apartment property offering approximately 4,050 square feet of living space on a 6,516-square-foot lot. This well-positioned multifamily property features six residential units with a combined total of 14 bedrooms and 6 bathrooms, providing an attractive unit mix for investors seeking rental income and long-term investment potential. The property includes six uncovered parking spaces, offering convenient on-site parking for residents. With five occupied units and one vacant unit, this property presents an opportunity for immediate rental income along with the potential to lease the available unit. Conveniently located near local shopping, dining, schools, parks, and major transportation routes, the property offers accessibility to surrounding San Fernando Valley communities. Whether you're looking to expand your investment portfolio or acquire a multifamily income-producing asset, this six-unit property offers an excellent opportunity in an established San Fernando neighborhood. Don't miss out on this investment opportunity!

Location

1023 Hewitt Street

San Fernando, Los Angeles, CA, 91340