13222 Maclay, San Fernando, CA 91340

Introducing the sale of 13222 & 13226 Maclay St, two separate parcels consisting of a total of 12 units. The building recently underwent a moderate renovation including new exterior stucco work, paint, landscaping and a number of interior upgrades. Each six unit building is comprised of all one bedroom apartments. The building has seen very little historical vacancies albeit due to its central location near the 210, 5, and 118 FWYs. Priced for a quick sale and with plenty of 'meat on the bone' for the next owner! Priced at under a 12 GRM at the current rents, an investor can take advantage of the passive cashflow generating a 5% yield at the close of escrow. Moreover, by implementing an aggressive management approach, a buyer can attempt to push rents to market levels.As an added bonus, the total lot size (both parcels) is 15,092 SF - C2 Zoning! A true investment with many investment directions - value added apartment investment or potential development!