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Key Details
Sold Price $1,090,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24047303
Sold Date 08/27/24
HOA Y/N No
Year Built 1964
Lot Size 5,000 Sqft
Property Description
INCOME PROPERTY/PRIME LOCATION/HEART OF SAN FERNANDO Welcome to 1237 Coronel in the revitalizing city of San Fernando. The pride of ownership is evident as soon as you pull up to this property with its curb appeal and how it has been diligently maintained. Upgrades include tankless water heater, copper plumbing, security cameras, washer/dryer in each unit and easy to maintain artificial grass. This 3-unit multifamily building is comprised of (2) 3 bedroom + 2 bath units, and (1) 2 bedroom + 2 bath unit. One of the 3-bedroom units have been completely renovated with brand new flooring throughout, fresh paint, white cabinetry in the kitchen, quartz counter tops, back splash, new appliances, closet doors...the list goes on. The units are currently occupied with long term tenants, providing immediate rental income. All units are month to month and are due for rental increases which the Seller has left for the new owner to determine. Conveniently located near the 210, 118 and 5 freeway, Providence Holy Cross Medical Center and O'Melveny Elementary, San Fernando Middle school, and San Fernando Senior High School. This is a great intro property for any investor looking to enter into the multifamily market or a great addition to a growing portfolio. Overall, the City of San Fernando has a range of opportunities for those interested in real estate, whether as homeowners, investors, or business owners.
Location
State CA
County Los Angeles
Area Sf - San Fernando
Zoning SFR3*
Interior
Interior Features Open Floorplan, Pantry, Stone Counters, Recessed Lighting
Flooring Tile, Vinyl
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water To Refrigerator, Water Heater, Dryer, Washer
Exterior
Garage Attached Carport, Assigned, Asphalt, Concrete, Carport, Paved, Shared Driveway
Carport Spaces 5
Fence Average Condition
Pool None
Community Features Biking, Curbs, Foothills, Park, Storm Drain(s), Street Lights, Sidewalks, Valley
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition,Shingle
Parking Type Attached Carport, Assigned, Asphalt, Concrete, Carport, Paved, Shared Driveway
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Landscaped, Level, Near Public Transit, Paved, Rectangular Lot, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2521021034
Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Peter Stamison • RE/MAX Gateway
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692