1914 2nd St, San Fernando, CA 91340

7 Unit Apartment Building | $1,600,000 ($228,571/Unit) | 6.61% Cap Rate | San Fernando, CA 91340

1914 2nd St, San Fernando, CA 91340

7 Units | Non-Rent Controlled | Assumable Financing Available

Offered at: $1,600,000

Presented by Art Minassian

AvailableWarehouses.com Team – Spectrum Commercial Real Estate, Inc.

An ideal San Fernando Valley multifamily opportunity: 7 total units, consisting of six 1-bedroom / 1-bath units and one spacious 3-bedroom / 1-bath unit, generating a strong gross annual income of approximately $150,000.

This non-rent-controlled asset gives investors the rare chance to capitalize on immediate returns with flexible operational potential, and it comes with a powerful financing advantage: the property features an assumable loan with a fixed 3.65% interest rate, maturing on May 1, 2026. Current loan balance is approximately $800,000. Buyer must pay a 1-point assumption fee — a compelling alternative to today’s high interest rates.