129 N Hagar Street

Description

This exceptional triplex offers a rare opportunity to secure both immediate income and substantial long-term upside in a rapidly appreciating pocket of the San Fernando Valley. Located just steps from the highly desirable and revitalized Maclay Corridor, the property consists of two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, totaling approximately 1,743 sq ft of living space on a 7,104 sq ft lot with ample on-site parking. Offered in original condition, this is a true value-add asset. A future owner can renovate and reposition the units to market standards, unlocking significant rent increases per unit. With NO rent control, investors have full flexibility to raise rents and maximize income without restrictionsan increasingly rare advantage in todays market. The location alone commands premium rental demand. The walkable Maclay Corridor has undergone visible gentrification and now features fine dining, breweries, cafs, a public library, retail boutiques, clothing and shoe stores, dance studios, auto services, medical offices, and moreall within minutes of the property. This lifestyle-driven location consistently attracts quality tenants and supports higher-than-average rent levels with low vacancy. Adding to the upside, the property includes a detached 2-car garage and a lot size that offers strong ADU or additional unit potential (buyer to verify)creating a powerful opportunity to add another income stream and significantly increase overall property value. Whether youre a cash-flow-focused investor, pursuing a 1031 exchange, or a developer seeking your next va