Skip To Content

832 N Maclay Avenue

San Fernando, CA 91340
  • $1,375,000
  • STATUS: Active
  • ON SITE: 77 Days
  • ID#: SR21226555
UPDATED: 54 min ago
$1,375,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1938
County:

School Ratings & Info

Listing Agent(s): Mel Wilson of Mel Wilson & Associates - Realtors (818-336-6777)


Description

Housing and Mixed Use Development Opportunity in the City of San Fernando in a NO rent control city. Property zoned for 13 residential apartment units or condos plus a commercial office/retail building. San Fernando has (verify zoning with the City of San Fernando. Existing building has fully occupied 3 residential units plus 2 commercial office building use. Take a advantage of rental income until you are ready to begin construction. Maclay Ave. corridor is zoned for mixed use. Property is 5 minutes drive to Interstate 210 Fwy and 118 Fwy. City of San Fernando is easy over the counter access to city planners. City of San Fernando has it's own police department. Build new project in a safe growing community city.Development Opportunity: Mixed use zoned (SP-5) zoning permits FAR 1.5, max. district on Maclay Ave. Corridor.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-19T14:28:10.933. 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 Cochren Realty Team | KW the Lakes. Licensed in the State of California, USA.
www.cochrenrealty.com/homes/122980041
Print Image

832 N Maclay Avenue San Fernando, CA 91340

  • Price: $1,375,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 54 min ago
  • ID#: SR21226555
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1938
Built
Neighborhood:
SF - San Fernando
County:
Los Angeles
Area:
SF - San Fernando
Property Description
Housing and Mixed Use Development Opportunity in the City of San Fernando in a NO rent control city. Property zoned for 13 residential apartment units or condos plus a commercial office/retail building. San Fernando has (verify zoning with the City of San Fernando. Existing building has fully occupied 3 residential units plus 2 commercial office building use. Take a advantage of rental income until you are ready to begin construction. Maclay Ave. corridor is zoned for mixed use. Property is 5 minutes drive to Interstate 210 Fwy and 118 Fwy. City of San Fernando is easy over the counter access to city planners. City of San Fernando has it's own police department. Build new project in a safe growing community city.Development Opportunity: Mixed use zoned (SP-5) zoning permits FAR 1.5, max. district on Maclay Ave. Corridor.
Exterior Features

Construction Materials DrywallFrameStucco Entry Level 1 Fencing BlockStucco Wall Lot Features 36-40 Units/AcreLandscapedFlat Open Parking Spaces 15 Other Structures Living Quarters Parking Total 15 Roof CompositionFlatMixedSpanish Tile Sign On Property YN No Topography Level

Interior Features

Cooling Central AirGasWall/Window Unit(S)Zoned Cooling YN Yes Heating CentralNatural GasZoned Heating YN Yes

Property Features

Additional Parcels YN Yes Anchors Co Tenants Escrow Real Estate Building Name Rocking Horse Bldg. Business Type Real Estate Cap Rate 2.9 Common Interest None Current Financing Conventional Electric Expense 3100 Gross Scheduled Income 84000 Insurance Expense 3200 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Maintenance Expense 850 Net Operating Income 57550 Number Of Units Leased 4 Operating Expense 24750 Property Sub Type Mixed Use Security Features 24 Hour Security Special Listing Conditions Standard Supplies Expense 300 Tax Annual Amount 10150 Tax Year 2019 Trash Expense 1200 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Vacancy Allowance 1700 Vacancy Allowance Rate 2 Water Sewer Expense 1600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-19T14:28:10.933. 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 Cochren Realty Team | KW the Lakes. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367511310-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367511310-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367511310-1.jpg
Logo
Cochren Realty Team | KW the Lakes
25321 Railroad Canyon Rd #504
Lake Elsinore CA, 92532
Listing Agent(s): Mel Wilson of Mel Wilson & Associates - Realtors (818-336-6777)