1414 2nd St, San Fernando, CA 91340 9 Units | Non-Rent Controlled | Assumable Loan at 3.89% Offered at: $1,995,000 Presented by Art Minassian & Ron Kassan AvailableWarehouses.com Team – Spectrum Commercial Real Estate, Inc. Exceptional opportunity to acquire a stabilized 9-unit multifamily property in the heart of San Fernando. This asset consists of nine 1-bedroom / 1-bathroom units and benefits from no local rent control, making it a prime investment in a historically high-demand rental market. The property features a highly attractive assumable loan at 3.89% fixed with a current balance of approximately $1.2 million, assumable through May 2029 with a 1% assumption fee—a rare and significant value proposition in today’s lending environment. The building generates $173,460 in gross annual income with stable tenancy, providing immediate cash flow with long-term upside.