ACTIVE$670,000

616 Hollister Street, San Fernando, California 91340

2Beds

1Bath

972Sqft

4,994Lot

Year Built

1928

List price

$670K

Original List price

$670K

Price/Sqft

$689

HOA

Days on market

Sold On

MLS number

IV25181179

Home ConditionPoor

Features

View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $670.0K(30th), sqft - 972(30th), beds - 2(21th), baths - 1(30th).

Investment Opportunity in San Fernando. Fantastic opportunity to own in a desirable area with strong rental demand. Property will be sold in its current as-is condition, with tenants in possession. Buyer to assume occupancy after closing. City has issued a notice of substandard property and an order to repair or abate due to modifications made without permits. Seller has been unable to complete repairs as tenants have denied access. No interior showings — drive by only. Buyer to conduct their own due diligence on all aspects of the property. Seller and Broker make no warranties, expressed or implied. Perfect for investors seeking a value-add project with significant upside potential. Property is subject to pending tenant litigation and city orders. Full disclosure package available.

Price History

Date

Event

Price

08/11/25

Listing

$670,000

Condition Rating

Poor

This property, built in 1928, is explicitly described as 'substandard' by the city, with an order to repair or abate due to unpermitted modifications. This indicates significant defects affecting safety, soundness, or structural integrity, requiring substantial repairs and rehabilitation. The lack of interior access prevents assessment of the kitchen and bathrooms, but given the overall condition and city orders, they are presumed to be in very poor, outdated, and potentially unsafe condition, necessitating full renovation. The overgrown exterior in the provided image further suggests a general state of neglect.

Pros & Cons

Pros

Prime Investment Opportunity: Explicitly marketed as an investment with significant upside potential for value-add projects in a desirable area.

Desirable San Fernando Location: Situated in a sought-after area known for strong rental demand, enhancing its long-term appeal.

Strong Rental Market: The property is located in an area with high rental demand, promising potential income generation once current issues are resolved.

Value-Add Potential: Offers a clear opportunity for an investor to add significant value through renovation and resolution of existing challenges.

Single-Family Residence on Decent Lot: A standalone property on a 4,994 sqft lot, providing a solid foundation for future development or renovation.

Cons

Extensive Legal & Compliance Challenges: Subject to city orders for substandard conditions, unpermitted modifications, and pending tenant litigation, posing significant legal and financial risks.

Tenant Occupancy & Access Restrictions: Currently tenant-occupied with no interior showings, denying buyer access for due diligence and requiring the buyer to assume occupancy and manage potential eviction processes.

"As-Is" Sale with No Warranties: Sold strictly 'as-is' with no warranties from the seller or broker, placing all responsibility for unknown defects, repairs, and legal costs squarely on the buyer.

About this home

Price History

Pros

Cons

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616 Hollister Street, San Fernando, California 91340, San Fernando, 91340 - 2 bed, 1 bath

About this home

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI