9929 Sepulveda Boulevard, San Fernando, CA 91345
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
9929 Sepulveda Boulevard,San Fernando, CA 91345
$5,100,000
- - Beds
- - Baths
- 15,628 sq. ft.
- Multi-family
- Active
Listed by:matthew sillaman
Office:west shores realty, inc.
MLS#:SB25197131
Source:CRMLS
Price summary
- Price:$5,100,000
- Price per sq. ft.:$326.34
About this home
Motivated market Seller! Bring all offers. Mission Hills (SVF) multifamily opportunity built in 1979, not subject to LA City Rent Control (AB 1482 cap currently 8%). The property offers a desirable unit mix of 8 singles, 7 one-bed/one-baths, 5 two-bed/two-baths, and 3 unique two-story townhome-style units, supported by 41 parking spaces, completed soft-story retrofit, and separate utility meters.
Strong financial performance with a proven track record of rent growth, tenant retention, and consistently high occupancy. Offered at a true 5.73% cap rate, the property delivers stable in-place income, low turnover, and additional upside through continued rent growth and potential ADU development. With no units significantly below market and conservative yet realistic pro forma assumptions, investors gain both immediate income security and clear long-term growth potential.
The property’s Mission Hills location benefits from limited multifamily inventory (as opposed to Van Nuys or NoHo), resulting in less direct rental competition within the immediate area. Located on Sepulveda Boulevard—one of the Valley’s premier rental corridors, the property offers excellent connectivity to the 405, 118, and 5 Freeways, with proximity to Providence Holy Cross Medical Center, CSUN, and major retail hubs.
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Home facts
- Year built:1979
- Listing ID #:SB25197131
- Added:6 day(s) ago
- Updated:September 09, 2025 at 07:16 PM
Rooms and interior
- Living area:15,628 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1979
- Building area:15,628 sq. ft.
- Lot area:0.43 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,100,000
- Price per sq. ft.:$326.34
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