Under ContractDuplex

10959 Memory Park Avenue

San Fernando, CA, 91345

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$925,000

MLS: SR25251498

Beds

3

Baths

2

Sq Ft

1,478

Lot

0.25 ac

Year Built

1924

MLS #

SR25251498

Days on Market

125

Listed

Nov 5, 2025

Description

RARE opportunity to secure a DUPLEX in Mission Hills near the 118 FWY on a QUARTER ACRE LOT. This lot size allows for the possibility for up to 6 units on the property per seller (buyer to verify). HUGE upside for investors or owner/operators. List price reflects a current 5% cap rate (per management company). Main home is a 2 bed 1 bath, recently remodeled. Updates include large format tile flooring, recessed lighting, newer appliances (installed October 31st, 2025). Second structure is a 1 bed 1 bath. There is a third structure that is unpermitted, as well as a detached 1-car garage. Water heater and A/C were updated in 2014. Come see while it’s available!

Location

San Fernando, Los Angeles County, CA 91345

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Listed by: Neal Weichel · RE/MAX of Santa Clarita

Payment estimate

$6,725

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $92,500 · Loan: $832,500

%
Principal & Interest
$5,115
Property tax (1.25%)
$964
Homeowners insurance
$300
Mortgage insurance
$347
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this San Fernando home with as little as 3.5% down using an FHA loan — roughly $32,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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