Listed by Juan Alderete•DRE #01974339• JohnHart Real Estate
Contact: 818-743-3793
For sale
$1,790,000
Est. $11,976/mo —
14
bd
•
6 ba
•
4,050
sq ft
1023 Hewitt St, San Fernando, CA 91340
About this home
EXCELLENT 6-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN SAN FERNANDO! Welcome to 1023 Hewitt Street, an income-producing apartment property offering approximately 4,050 square feet of living space on a 6,516-square-foot lot. This well-positioned multifamily property features six residential units with a combined total of 14 bedrooms and 6 bathrooms, providing an attractive unit mix for investors seeking rental income and long-term investment potential. The property includes six uncovered parking spaces, offering convenient on-site parking for residents. With five occupied units and one vacant unit, this property presents an opportunity for immediate rental income along with the potential to lease the available unit. Conveniently located near local shopping, dining, schools, parks, and major transportation routes, the property offers accessibility to surrounding San Fernando Valley communities. Whether you're looking to expand your investment portfolio or acquire a multifamily income-producing asset, this six-unit property offers an excellent opportunity in an established San Fernando neighborhood. Don't miss out on this investment opportunity!
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
San Fernando Elementary School
Public K-5 • Assigned • 0.2mi
6/10
San Fernando Middle School
Public 6-8 • Assigned • 0.5mi
4/10
San Fernando Senior High School
Public 9-12 • Assigned • 0.6mi
5/10
Provided by GreatSchools
About North
Valley
North Valley, located between the Santa Susana Mountains and the Verdugo Mountains, is a residential and industrial Los Angeles neighborhood with wide boulevards and equestrian pockets. The neighborhood’s character concentrates around the Sepulveda Blvd and Nordhoff St corridor, where auto shops, taquerías, small groceries, and no-frills eateries line the strip. Mid-century ranch homes and low-slung apartment courts sit alongside light-manufacturing blocks and rail-adjacent warehouses. The Pacoima Wash and nearby trailheads shape a landscape of open sky and utility. Weekend rhythms often point toward local parks and recreation centers rather than nightlife. The feel is practical, sunlit, and distinctly Valley in scale.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Granite counters
Bedrooms
Six units offer two or three bedrooms each
Bathrooms
One full bathroom per unit
Kitchen
Refrigerator, gas range, gas oven
Laundry & utility
Community laundry
Flooring
Tile flooring
Heating & cooling
Wall/window cooling
Home design
Two stories
Front-door entry on the first level
Parking
Uncovered parking
One garage space per unit
Utilities
Public sewer
District/public water
Water, sewer, natural gas, cable, and electricity available
HOA & community
Community apartment
Curbs and sidewalks
Financial info
Five units leased
Gross scheduled income of $139,104
Net operating income of $126,420
Total expenses of $12,684
Total actual rent of $11,592
Other
Six-unit property
Electricity and solar
View estimated energy costs and solar savings for this home