CA > Pacoima
Pacoima, CA 91331,10714 Sutter Avenue
Pacoima, CA 91331,10714 Sutter Avenue
Pacoima, CA 91331,10714 Sutter Avenue
4
See all 4 photos
$1,360,000
Est. payment /mo
Save
2 Beds
1 Bath
7,102 Sqft Lot
Active

10714 Sutter Avenue Pacoima, CA 91331

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
19
Jun
Fri
20
Jun
Sat
21
Jun
Mike Acker

Mike Acker

+1(619) 454-0620

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-22073

Bedrooms 2

HOA Y/N No

Lot Size 7,102 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the heart of Pacoima, 10714 Sutter Avenue is a well-positioned 8-unit apartment complex offering a strong value-add opportunity for investors. Built in 1961, the property consists entirely of (8) two-bedroom, one-bathroom units, totaling approximately +/-4,960 square feet of rentable space on a +/-7,102 square foot lot. The building is subject to Los Angeles' Rent Stabilization Ordinance (RSO), making it an ideal long-term hold in a supply-constrained rental market.With a significant rental upside of approximately +/-85%, the asset provides substantial income growth potential. Additionally, the property presents an opportunity to add an on-site laundry room, creating an additional income stream for ownership. Notably, the building is not subject to mandatory soft-story seismic retrofit requirements, reducing future capital improvement obligations.Tenants benefit from excellent proximity to major retailers such as Costco, Lowe's, and Best Buy, along with convenient access to Highway 118 and the 5 and 210 Freeways--ensuring strong rental demand and accessibility.
Located in the heart of Pacoima, 10714 Sutter Avenue is a well-positioned 8-unit apartment complex offering a strong value-add opportunity for investors. Built in 1961, the property consists entirely of (8) two-bedroom, one-bathroom units, totaling approximately +/-4,960 square feet of rentable space on a +/-7,102 square foot lot. The building is subject to Los Angeles' Rent Stabilization Ordinance (RSO), making it an ideal long-term hold in a supply-constrained rental market.With a significant rental upside of approximately +/-85%, the asset provides substantial income growth potential. Additionally, the property presents an opportunity to add an on-site laundry room, creating an additional income stream for ownership. Notably, the building is not subject to mandatory soft-story seismic retrofit requirements, reducing future capital improvement obligations.Tenants benefit from excellent proximity to major retailers such as Costco, Lowe's, and Best Buy, along with convenient access to Highway 118 and the 5 and 210 Freeways--ensuring strong rental demand and accessibility.

Location

State CA

County Los Angeles

Area Pacoima (91331)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Sidewalks

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash

Space Rent $1,240

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Casey Picard • Keller Williams Realty

GET MORE INFORMATION

agent

Mike Acker

Agent | License ID: 01356721

+1(619) 454-0620

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Mike Acker, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

10714 Sutter Avenue

QUICK SEARCH

There are 24 quick searches