Presented by Art Minassian & Ron Kassan
AvailableWarehouses.com Team – Spectrum Commercial Real Estate, Inc.
606 N Maclay Ave presents a rare opportunity to acquire a well-located, 1962 construction 6-unit apartment building + storefront retail in the highly desirable non-rent-controlled market of San Fernando. The property features an ideal mix of 1 retail unit + mixed residential units, including one 3-bedroom / 1-bath unit, one 2-bedroom / 1-bath unit, one 1-bedroom/1-bath unit, and 3 studio units. The property is generating a current monthly gross income of $10,695.
All units are individually metered for gas and electric, and the building has been maintained by long-term ownership. The building provides modern layouts, few (if any) deferred maintenance concerns, and flexibility not typically found in older inventory.
Located on the main artery of San Fernando with strong tenant demand and low vacancy, this offering is well-suited for both first-time and seasoned multifamily investors seeking stable income, long-term appreciation, and operational upside without the restrictions of rent control.
Please call broker for more information.