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Multifamily

13071-73 San Fernando Rd

13071-73 San Fernando Rd, Sylmar, CA 91342

Listing Price: $4,995,000

Cap Rate
5.11%
Number of Units
26
GRM
11.85
Price/Unit
$192,115
Price/Gross SF
$316.34
Gross SF
15,790

Investment Overview

13073 San Fernando Road is an exclusive opportunity to own a well maintained, 26-unit multifamily investment property located in the San Fernando Valley.

The 15,790 square foot property was built in 1986 and is on the market for the first time. It consists of two buildings, each with thirteen units, so no on-site manager is needed. Comprised of thirteen singles and thirteen one bedroom/one bath units, it sits on a large lot totaling 24,003 square feet. Amenities include on-site laundry and 37 parking spaces.

The property is not subject to Los Angeles rent control (RSO) and offers a rare investment opportunity to add value by renovating the existing units to recognize 40% upside in rents as well as using some of the parking lot to potentially add up to five ADU’s (buyer to do their own investigation and
verify).

13073 San Fernando Road is in Sylmar, CA just off the 5 Freeway and gives easy access to the entire San Fernando Valley.

Investment Highlights

  • FIRST TIME ON MARKET -- Built in 1986 — Not subject to Los Angeles rent control
  • VALUE-ADD -- Approximately 40% upside in rents through renovating the units
  • OPPORTUNITY ZONE -- Potential major capital gains tax relief for housing and commercial developments
  • LARGE LOT -- Consisting of over 24,000 square feet
  • ADU POTENTIAL -- Potential to add up to five ADU's (Buyer to do their own investigation and verify)
  • LOCATION -- Well situated just off the 5 Freeway — giving tenants easy access to the 210, 405, and 118 Freeways

Exclusively Listed By

Financing By

Multifamily

13071-73 San Fernando Rd

Listing Price: $4,995,000

Cap Rate
5.11%
Number of Units
26
GRM
11.85
Price/Unit
$192,115
Price/Gross SF
$316.34
Gross SF
15,790

Investment Highlights

  • FIRST TIME ON MARKET -- Built in 1986 — Not subject to Los Angeles rent control
  • VALUE-ADD -- Approximately 40% upside in rents through renovating the units
  • OPPORTUNITY ZONE -- Potential major capital gains tax relief for housing and commercial developments
  • LARGE LOT -- Consisting of over 24,000 square feet
  • ADU POTENTIAL -- Potential to add up to five ADU's (Buyer to do their own investigation and verify)
  • LOCATION -- Well situated just off the 5 Freeway — giving tenants easy access to the 210, 405, and 118 Freeways

Investment Overview

13073 San Fernando Road is an exclusive opportunity to own a well maintained, 26-unit multifamily investment property located in the San Fernando Valley. The 15,790 square foot property was built in 1986 and is on the market for the first time. It consists of two buildings, each with thirteen units, so no on-site manager is needed. Comprised of thirteen singles and thirteen one bedroom/one bath units, it sits on a large lot totaling 24,003 square feet. Amenities include on-site laundry and 37 parking spaces. The property is not subject to Los Angeles rent control (RSO) and offers a rare investment opportunity to add value by renovating the existing units to recognize 40% upside in rents as well as using some of the parking lot to potentially add up to five ADU’s (buyer to do their own investigation and verify). 13073 San Fernando Road is in Sylmar, CA just off the 5 Freeway and gives easy access to the entire San Fernando Valley.

Exclusively Listed By

Financing By

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