imagesmode View 16 photos
For Sale
$3,325,000
Est. $18,620/mo10028 San Fernando Road 34, Pacoima, CA 91331
bed
Bedrooms
bathtub
Bathrooms
square_foot
0
Square Feet
About this home
Huge 900k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing Current Cap Rate of 7.75% from day 1. Attractive 2.6M assumable loan (Need only ~20% Down) at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 14.9% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 14.6% Cap Rate, 5.5 GRM, and only 148k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The 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.
infoProperty Facts
landscape
Lot Size
9,005 sqft
timer
Days on Market
27
payments
HOA Fee
N/A
fingerprint
MLS #
26648053
chairInterior Details
garageParking
deckExterior & Lot
Mortgage Calculator
Total Monthly
$0
Principal & Interest:
$0Property Tax:
$0Home Insurance:
$0HOA Fees:
$0$
$
%
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Convenience Score
Market Insights
91331 Pacoima
Estimated Value
Calculating...
trending_up0%vs. last year
202120222023202420252026
Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Ready to Take the Next Step?
Get expert support from a local agent today.
call
(800)-330-9306Available 9AM - 6PM
+12
Similar Homes You Might Like
Based on price, location, and features
