14700 Hubbard Ave | San Fernando, CA 91340
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- LoopNet Team
14700 Hubbard Ave
San Fernando, CA 91340
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Major Value Add Opportunity - 109 % Rental Upside
- Excellent Price/SF & Price/Unit - PPU & PPSF are significantly lower than recent sales comparables in the area
- Laundry Room - can be reopened for additional income
- Uniquely Low Utility Cost - all utilities are separately metered including water and sewer
- Excellent Unit Mix - one (1) large 1bed+1bath unit and six (6) large 2bed+abath units
- ADU Potential - astute investor can explore the opportunity to add ADUs in the tuck under parking area
PROPERTY FACTS
| No. Units | 7 | Building Size | 6,452 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | LAR3 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 6,452 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | LAR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 2612-013-005 | Improvements Assessment | $479,400 |
| Land Assessment | $719,100 | Total Assessment | $1,198,500 |
PROPERTY TAXES
Parcel Number
2612-013-005
Land Assessment
$719,100
Improvements Assessment
$479,400
Total Assessment
$1,198,500
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