1117–1121 2nd St, San Fernando, CA 91340
8 Units | Non-Rent Controlled | Assumable Financing Available
Offered at: $1,750,000
Presented by Art Minassian & Ron Kassan
AvailableWarehouses.com Team – Spectrum Commercial Real Estate, Inc.
Rare opportunity to acquire a clean 8-unit multifamily in San Fernando with a strong income base and highly attractive loan terms. All units are 1-bedroom / 1-bathroom, offering stable cash flow in a non-rent-controlled submarket, ideal for investor flexibility and upside.
The property features an assumable loan with a fixed 3.89% interest rate and an impressive term through May 1, 2029. Approximate loan balance is $1,040,000, with a 1% assumption fee—a valuable financing advantage amid today’s elevated rate environment.
Non-Rent Controlled Asset
Assumable Loan at 3.89% Fixed Through 5/1/2029
Approx. $1,040,000 Loan Balance
8 Units: All 1-Bedroom / 1-Bathroom
Low 1% Assumption Fee
Stable Income Stream