16122 San Fernando
Welcome to a standout multi-unit opportunity in the heart of Granada Hills. This well-designed property offers approximately 2,580 sq. ft. across three units and presents a strong investment opportunity with an estimated 7% cap rate based on prior rental history. The main unit is a spacious 2-bedroom, 2-bath residence (approx. 1,250 sq. ft.) and is currently rented at $3,390 per month. The attached 1-bedroom, 1-bath JADU (approx. 500 sq. ft.) previously rented for $1,990 per month and could also be used as a guest suite. The newly built detached 2-bedroom, 2-bath ADU (approx. 830 sq. ft.) previously rented for $3,100 per month. All units feature modern layouts, in-unit laundry, and central heating and air conditioning. Conveniently located near shopping, dining, and major freeway access, the property offers strong rental appeal for tenants. With three units and proven rental history, this property presents a compelling opportunity for investors or buyers seeking supplemental rental income.
About 16122 San Fernando Mission Boulevard Granada Hills, CA 91344
Features
| Type | Triplex |
| Structure Type | Triplex |
| Year Built | 1954 |
| Lot Size Area | 7,203.00 sqft |
| Garage Spaces | 0 |
| Cooling | Central Air |
| Pool | None |
| County/Parish | Los Angeles |
| Common Interest | None |
| Status | Active |
| Additional Property Type | Triplex |
| Contingency | Property includes a fully renovated duplex plus a new construction ADU. Tenants pay utilities through RUBS. Annual insurance approx $3, 000; property taxes approx $7, 500. NOI provided by seller is $86, 496. Previously in escrow at 1.30M; Buyer to verify all square footage, permits, rents, and financials |
Interior
| Beds | 5 |
| Full Bathrooms | 5 |
| Size | 2,580 sqft |
| Total Building Area | 2,580 sqft |
| Levels | One |
| Stories | 1 |
| Fireplace | None |
| Room Type | Kitchen, Laundry, Living Room, Other |
Exterior
| Property Type | Residential |
| Lot Size Area | 7,203.00 sqft |
| Garage Spaces | 0 |
| View | None |
| Entry Level | 1 |
| Structure Type | Triplex |
Building Details
Utilities
| Cooling | Central Air |
| Laundry Features | Inside |
| Sewer | Unknown |
| Water Source | Other |
Construction
| New Construction | No |
| Year Built | 1954 |
| Property Attached | Yes |
Homeowners Association
| Association | No |
| Senior Community | No |
Building Details
| Stories | 1 |
Other Facts & Features
| List Price | $1,298,000 |
| Price per Sq Ft | $503 |
| Special Listing Conditions | Standard |
| Directions | San Fernando Mission Blvd & White Oak Ave |
| Total Units | 3 |
| Lease Considered | No |
| Listing Terms | Cash to New Loan |
| Common Interest | None |
Legal & Financial Details
| Tax ID | 2667002010 |
| Contingency | Property includes a fully renovated duplex plus a new construction ADU. Tenants pay utilities through RUBS. Annual insurance approx $3, 000; property taxes approx $7, 500. NOI provided by seller is $86, 496. Previously in escrow at 1.30M; Buyer to verify all square footage, permits, rents, and financials |
Location
| County/Parish | Los Angeles |
| MLS Area Major | GH – Granada Hills |
| Community Features | Curbs, Street Lights |
| Postal City | GRANADA HILLS |
Stacey Havener
State License #: 01303680
Office Ph: 661-212-7943
True North Realty
State License #: 01200877
37362 95th Street East
Littlerock, 93543
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