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.