129 N Hagar Street

This exceptional San Fernando Valley triplex offers a rare opportunity to secure immediate rental income with substantial value-add upside in one of San Fernando’s most active and walkable corridors. Ideally located just steps from the Maclay corridor, this income-producing property consists of two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, totaling approximately 1,743 sq ft of living space on a 7,104 sq ft lot with ample on-site parking. The property is not subject to rent control, providing investors maximum flexibility to increase rents, reposition units, or re-tenant at market rates. Adding to its appeal, the property is now offered with the option to be delivered with one unit vacant, making it ideal for investors seeking immediate upside, owner-users, or buyers looking to renovate and stabilize quickly. Presented in original condition, this triplex is a true value-add investment opportunity with strong fundamentals. The generous lot size, combined with an existing detached 2-car garage, offers potential to add at least one additional unit or ADU (buyer to verify), further enhancing long-term cash flow and overall asset value. The San Fernando City pre-sale inspection has been completed and passed, allowing the property to enter escrow immediately and close without delay. Tenants benefit from a highly desirable, walkable location near bakeries, restaurants, banks, medical offices, auto services, churches, public transportation, and easy access to major freeways, ensuring consistent tenant demand and low vacancy. Perfect for investors, developers, 1031 exchange buyers, or those seeking a high-upside multifamily property, this triplex checks every box: no rent control, strong rental demand, expansion potential, and a fast path to escrow in an appreciating San Fernando neighborhood.