NOT LISTED FOR SALE

666 N Maclay Ave San Fernando, CA 91340

Estimated Value: $1,302,565

-- Bed
6 Baths
3,956 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,075,000 $272 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,302/month

4 Days on Market

About This Home

As of June 2021

We are pleased to present for the first time in 50 + years this well located mixed-use (commercial and multifamily) investment opportunity located at 666 N Maclay Ave in the City of San Fernando, CA 91340. The property consists of a ground floor serving commercial space ideal for a wide range of retailers or office uses. The commercial space offers new flooring, central A/C, and a private restroom. The current lessee is on a month-to-month lease creating an optimal scenario for an investor looking to occupy and operate their business while receiving income from the upstairs tenants or an investor seeking long term cash flow. The second floor of the property contains five studio apartment units which have proven to be one of the most consistently in demand layouts for renters in the San Fernando Valley. The average rents of the studios are approximately $715dollars which is well below the asking rent for studios throughout the entire San Fernando Valley. Anew owner will have the opportunity to achieve a significant increase in cashflow as rents get closer to market levels and units turn. 666 N Maclay offers outstanding proximity to essential local retail and public transportation. Shopping destination Plaza Pacoima (Costco, Lowes, and Best Buy) is a short 6-minute drive away along with other retail hubs including Smart and Final and The Home Depot.

Last Agent to Sell the Property

Richard Ringer

Richard J. Ringer Inc. License #01238308 Listed on: 04/26/2021

Last Buyer's Agent

Janie Pineda

License #01701122

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,422

Year Built

  • Built in 1961

Lot Details

  • 7,490

Interior Spaces

  • 6 Bathrooms
  • 3,956 Sq Ft Home
  • 2-Story Property

Parking

  • 9 Parking Spaces
  • Detached Carport Space

Additional Features

  • 7,490 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 2515-002-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,422

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Living Area: 3956
  • Lot Acreage: 0.1719
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6.00
  • Price Per S Q F T: 271.74

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 9

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 63.89
  • Assessed Improvement Value: 89193
  • Assessed Land Percent: 36.11
  • Assessed Land Value: 50408
  • Total Assessed Value: 139601
  • Assessor Parcel Number: 2515-002-010
  • Lot Size Area: 7490

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.46
  • Number Of Units: 6
  • Total Annual Expense: 29830
  • Type Of Units: Studio
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Pineda Janie M
Bought by
Pinedas Trust and Pineda
Current Estimated Value
$1,302,565

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 26, 2021
Sold by
Pineda Joe
Bought by
Neda Janie M
Seller's Agent
Richard Ringer
Richard J. Ringer Inc.
Buyer's Agent
Janie Pineda
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 7, 2021
Sold by
Sam F Modugno Trust
Bought by
Pineda Janie M
Seller's Agent
Richard Ringer
Richard J. Ringer Inc.
Buyer's Agent
Janie Pineda
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2000
Sold by
Modugno Sam F
Bought by
Modugno Sam F and Sam F Modugno Trust
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pinedas Trust -- None Listed On Document
Neda Janie M -- Ticor Title
Pineda Janie M $1,075,000 North American Title
Modugno Sam F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pineda Janie M $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Sold $1,075,000 0.0% $272 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $1,075,000 -- $272 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,422 $1,163,613 $703,580 $460,033
2024 $16,422 $1,140,798 $689,785 $451,013
2023 $16,328 $1,118,430 $676,260 $442,170
2022 $15,626 $1,096,500 $663,000 $433,500
2021 $2,781 $141,047 $50,930 $90,117
2020 $2,836 $139,961 $50,408 $89,553
2019 $2,772 $137,225 $49,420 $87,805
2018 $2,637 $134,542 $48,451 $86,091
2016 $2,467 $128,972 $46,570 $82,402
2015 $2,457 $127,036 $45,871 $81,165
2014 $2,465 $124,549 $44,973 $79,576
Source: Public Records

Agents Affiliated with this Home

  • Richard Ringer

    Seller's Agent in 2021

    Richard Ringer

    Richard J. Ringer Inc.

    (310) 666-3085

    1 in this area

    12 Total Sales

    Richard Ringer
    Section Image

  • J

    Buyer's Agent in 2021

    Janie Pineda

See All Agents

Map

Source: The MLS

MLS Number: 21-724064

The MLS

APN: 2515-002-010

California Los Angeles County San Fernando 91340

666 N Maclay Ave, San Fernando, CA

This home is located at 666 N Maclay Ave, San Fernando, CA 91340 since 26 April 2021 and is currently estimated at $1,302,565, approximately $329 per square foot. This property was built in 1961. 666 N Maclay Ave is a home located in Los Angeles County with nearby schools including Morningside Elementary School, San Fernando Middle School, and San Fernando Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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