832 N Maclay Avenue

    San Fernando, CA 91340
    • $1,998,800
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: SR20024031
    UPDATED: 46 min ago
    $1,998,800
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,585
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Development Opportunity: Mixed use zoned (SP-5) zoning permits FAR 1.5, max. district on Maclay Ave. Can be developed into 11 residential apartment or townhomes units plus one commercial building (maximum 3 story) on 15,500 sqft. Existing building has 4 unit fully occupied on month to month leases. Property fronts on Maclay Ave. near Glenoaks Blvd. 1 mile west of 210 Freeway. San Fernando is an incorporated city with it's own Police Dept. and friendly pro-business City Hall.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-30T08:22:35.547. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.

    www.thenajargroup.com/homes/103511284

    832 N Maclay Avenue San Fernando, CA 91340

    • Price: $1,998,800
    • Status: Active
    • Updated: 46 min ago
    • ID#: SR20024031
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    8,585
    SQFT
    $233
    $/SQFT
    1938
    Built
    Neighborhood:
    SF - San Fernando
    County:
    Los Angeles
    Area:
    SF - San Fernando
    Property Description
    Development Opportunity: Mixed use zoned (SP-5) zoning permits FAR 1.5, max. district on Maclay Ave. Can be developed into 11 residential apartment or townhomes units plus one commercial building (maximum 3 story) on 15,500 sqft. Existing building has 4 unit fully occupied on month to month leases. Property fronts on Maclay Ave. near Glenoaks Blvd. 1 mile west of 210 Freeway. San Fernando is an incorporated city with it's own Police Dept. and friendly pro-business City Hall.
    Exterior Features

    Construction Materials Drywall WallsFrameStucco Entry Level 1 Fence YN Yes Fencing BlockStucco Wall Lot Features 36-40 Units/AcreLandscapedLot 10000-19999 Sqft Lot Size Dimensions 100 X 157 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 15.00 Roof CompositionFlatMixedSpanish Tile Topography Flat

    Interior Features

    Building Features Living Quarters Condo Area Units Square Feet Cooling Central AirZonedWall/Window Unit(S)Gas Cooling YN Yes Heating CentralZonedNatural Gas Heating YN Yes Laundry Features None Office Class B Office Square Footage 2835

    Property Features

    Accounting Type Actual Additional Parcels Description 2515-016-010 Additional Parcels YN Yes Advertising Expense 0.00 Anchors Co Tenants Escrow Real Estate Asset Class Multi-FamilyOffice Building Area Units Square Feet Building Name Rocking Horse Bldg. Building Status Existing Business Type Real Estate Cap Rate 2.90 Country Us Effective Gross 82300 Electric Expense 3100.00 Expense Year 2019 Gross Scheduled Income 84000.00 Insurance Expense 3200.00 Investment Property YN Yes Land Lease YN No Land Use Multi-FamilyOffice Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Legal Accounting Expense 2250.00 Lot Dimensions Source Assessor Maintenance Expense 850.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 57550.00 Number Of Units Leased 4 Occupancy Occupied Operating Expense 24750.00 Other Income1 0.00 Personal Property Amount 0 Professional Management Expense 2100.00 Property Sub Type Mixed Use Real Estate Tax Expense 10150.00 Resident Manager Expense 0.00 Residential Square Footage 5735 Retail Center Type Community/Specialty Security Features 24 Hour Security Special Listing Conditions Standard Supplies Expense 300.00 Tax Annual Amount 10150.00 Tax Rate 660.00 Tax Year 2019 Total Expenses 24750.00 Total Monthly Rent 7000 Trash Expense 1200.00 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Vacancy Allowance 1700 Vacancy Allowance Rate 2.00 Water Sewer Expense 1600.00 Water Source Public Year Built Source Assessor Zoning Sp 5

    Listing provided courtesy of Mel Wilson of Mel Wilson & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-30T08:22:35.547. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.

     
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