10028 San Fernando Road, Pacoima, CA 91331 (MLS # 25519955)

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PRICE $4,195,000 dsIDX morgage calculator
BEDS 14
BATHS 14
HOME SIZE 5,334 sqft
LOT SIZE 9,004 sqft

14 Renovated units cash flowing at an amazing current Cap Rate of 6% from day 1. attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027. Preliminary plans to add 20 new units to achieve an unheard 11.5% Cap Rate, 6.8 GRM, and only 173k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The preliminary plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.

DAYS ON MARKET 2 LAST UPDATED 4/2/2025
YEAR BUILT 1950 COMMUNITY Pacoima
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Microwave
AREA Pacoima
GARAGE Gated, Unassigned
HEAT Wall Furnace
LOT 9005 sq ft
PARKING Gated,Unassigned
STORIES 2
ZONING LAC2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Global Platinum Properties, Inc.

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