Homes for sale - 10714 Sutter AVE, Pacoima, CA 91331

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Robert Mitchell

robert@robertmitchellgroup.com +1(559) 250-3442

$ 1,360,000

Est. payment | -/mo

7,100 Sqft Lot

Save

$ 1,360,000

Est. payment | -/mo

Save

7,100 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-22073

HOA Y/N No

Year Built 1961

Lot Size 7,100 Sqft

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.

Location

State CA

County Los Angeles

Area Pac - Pacoima

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Fence None

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Sprinklers None

Others

Senior Community No

Tax ID 2535025005

Energy Description 3437.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Casey Picard • Keller Williams Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 250-3442

robert@robertmitchellgroup.com

10714 Sutter AVE Pacoima, CA 91331