137 Orange Grove Ave - Apartments FOR SALE


San Fernando, CA 91340
$2,050,000 USD
818-634-3722
137 Orange Grove Ave, San Fernando, CA for Sale
$2,050,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

137 Orange Grove Ave
San Fernando, CA 91340


HIGHLIGHTS

  • Non-Rent Controlled – Strong Upside Potential
  • 9 Units: 6 (1-Bed/1-Bath) & 3 (2-Bed/1-Bath)
  • Assumable Loan at 3.89% Fixed Through May 2029

OVERVIEW

127–137 Orange Grove Ave, San Fernando, CA 91340 9 Units | Prime Investment Opportunity | Assumable Loan at 3.89% Offered at: $2,050,000 Presented by Art Minassian AvailableWarehouses.com Team – Spectrum Commercial Real Estate, Inc. An excellent opportunity to acquire a well-maintained 9-unit multifamily property in a desirable San Fernando location. The unit mix includes six (1-bedroom / 1-bathroom) units and three (2-bedroom / 1-bathroom) units, offering a balanced blend of stable rental income and tenant appeal. This asset benefits from no local rent control, allowing for future income growth and operational flexibility. The property generates an estimated $180,000 in gross annual income, making it a compelling acquisition for both seasoned investors and 1031 exchange buyers. A key highlight is the assumable loan at 3.89% fixed through May 2029, with an approximate balance $1.2m, assumable for a 1% fee—a powerful hedge against current high interest rates and a significant lever for long-term yield.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

9

PRICE/UNIT

$227,778

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

127-137 Orange Grove Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,937 SF

ZONING

SFR3*

APN/PARCEL ID

2520-002-003

ASK ABOUT THIS PROPERTY

Arthur MinassianSpectrum Commercial Real Estate, Inc.More Info
818-634-3722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Arthur MinassianSpectrum Commercial Real Estate, Inc.More Info
818-634-3722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.