Homes for sale - 10960 Sutter AVE, Pacoima, CA 91331

Courtney McCarson & Eric Benz

Real Estate Consultants | License ID: 01968280 & 01272171

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$ 1,425,000

$ 1,500,000 5.0%

Est. payment | -/mo

8,864 Sqft Lot

$ 1,425,000

$ 1,500,000 5.0%

Est. payment | -/mo

8,864 Sqft Lot

Key Details

Sold Price $1,425,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-22074

Sold Date 07/22/25

HOA Y/N No

Year Built 1962

Lot Size 8,864 Sqft

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

Area Pac - Pacoima

Interior

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Fence Wrought Iron

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 10

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 2535009019

Energy Description 4306.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Seller Financing

Special Listing Condition Standard

Listed by Casey Picard Keller Williams Realty
Bought with Andy Aguilar American Real Estate Experts

+1(818) 358-5698

info@mccarsonbenz.com

Burbank, CA, 91505, United States