Pacoima, CA 91331,10960 Sutter Avenue
Pacoima, CA 91331,10960 Sutter Avenue
Pacoima, CA 91331,10960 Sutter Avenue
8
$1,425,000
$1,500,000
5.0%
Est.Price: ?

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1 BD

10960 Sutter Avenue Pacoima, CA 91331

Est. payment /mo
SOLD DATE : 07/22/2025

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Key Details

Sold Price $1,425,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-22074

Bedrooms 1

Property Sub-Type Res Income 2-4 Units

Property Description

Offered at an attractive price of just $150,000 per unit, 10960 Sutter Avenue is a well-located 10-unit apartment building in the high-demand rental market of Pacoima. Built in 1962, the property is comprised of (10) one-bedroom, one-bathroom units totaling approximately +/-5,856 square feet on a +/-8,864 square foot lot. It is subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering long-term stability and strong upside potential.With an estimated +/-60% rental upside, this asset provides an excellent value-add opportunity for investors looking to increase cash flow through unit turnover and operational improvements. The property also features secure gated entry and parking, offering enhanced safety and privacy for tenants. All parking is open surface, and the building is not subject to mandatory soft-story seismic retrofit requirements--reducing future capital improvement obligations.Situated near major retailers such as Costco, Lowe's, and Best Buy, and with easy access to the 118, 5, and 210 Freeways, the property enjoys a central and convenient location that supports ongoing tenant demand.

Location

State CA

County Los Angeles

Zoning Assessor

Exterior

View Y/N No

Building

Story 2

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Casey Picard Keller Williams Realty
Bought with American Real Estate Experts

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Brenda Perez-Miranda

Brenda Perez-Miranda

Agent | License ID: 01293185

+1(619) 846-9088

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