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Maclay Apartments 13311 Maclay St 10 Unit Apartment Building $2,048,321 CAD ($204,832 CAD/Unit) 5.57% Cap Rate San Fernando, CA 91340
Investment Highlights
- The property is ideally situated in a highly desirable area of San Fernando
- Lot Size: 7,501 SF
- Unit Mix: 10 studio apartments
Executive Summary
This fully occupied 10-unit property, located at 1331 Maclay Street in the heart of San Fernando, offers an excellent investment opportunity. Built in 1961, the property consists of ten studio apartments, spread across 3,714 square feet, on a 7,501 square foot lot. Tenants benefit from convenient on-site amenities, including 10 dedicated parking spaces— a rare find in the area.
Property Facts
| Price | $2,048,321 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $204,832 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5.57% | Building Size | 3,714 SF |
| Gross Rent Multiplier | 12.87 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | ||
| Zoning | LAC2 - Commercial Multiple Dwelling | ||
| Price | $2,048,321 CAD |
| Price Per Unit | $204,832 CAD |
| Sale Type | Investment |
| Cap Rate | 5.57% |
| Gross Rent Multiplier | 12.87 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,714 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1961 |
| Zoning | LAC2 - Commercial Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 370 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2513-020-038 | Improvements Assessment | $475,770 CAD |
| Land Assessment | $1,227,800 CAD | Total Assessment | $1,703,569 CAD |
Property Taxes
Parcel Number
2513-020-038
Land Assessment
$1,227,800 CAD
Improvements Assessment
$475,770 CAD
Total Assessment
$1,703,569 CAD
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Maclay Apartments | 13311 Maclay St
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