10028 San Fernando Road

Pacoima, CA 91331

  • 14 Bed(s)
  • 0 Bath(s)
  • 5,334 Sqft
  • 9005
    Sqft(Lot)
$4,195,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49222548

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Property Details

  • Bedroom Information

    • Total Bedrooms : 14

    Bathroom Information

    • Total Baths: 14
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Microwave

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1950
    • Building Area Total: 5,334

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2067
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 9005

  • Listing Price Information

    • Original List Price: 4,195,000
    • Listing Contract Date: 2025-04-02

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2537012024

  • Garage and Parking

    • Garage Description: Gated,Unassigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: PAC - Pacoima
    • Directions: Located just East of Osborne; on the North Side of the Train Tracks.
    • Zoning: LAC2
    • Source Property Type: Residential Income
    • Area: PAC - Pacoima

    Building and Construction

    • Property Age: 75
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 5334
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/17/2025 @ 16:15

  • MLS: 25519955
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 14 bedrooms which is for sale, it has 5,334 sqft, 9,005 sized lot, and 0 parking. are nearby neighborhoods.