Contact Xavier Gomez
Schedule A Showing
10028 San Fernando Road, Pacoima, CA 91331
Priced at Only: $3,700,000
For more Information Call
Mobile: 714.478.6676
Address: 10028 San Fernando Road, Pacoima, CA 91331
Property Photos
Property Location and Similar Properties
- MLS#: 25565657 ( )
- Street Address: 10028 San Fernando Road
- Viewed: 21
- Price: $3,700,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Days On Market: 144
- Additional Information
- County: LOS ANGELES
- City: Pacoima
- Zipcode: 91331
- Provided by: Global Platinum Properties, Inc.
- Contact: Armin Armin

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DescriptionHuge 500k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 10% cash on cash return. Preliminary plans to add 20 new units to achieve an unheard of 12.7% Cap Rate, 6.2 GRM, and only 159k/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.
Features
Appliances
- Microwave
Building Area Total
- 5334.00
Cooling
- None
Country
- US
Heating
- Wall Furnace
Levels
- Two
Netoperatingincome
- 259694.00
Parcel Number
- 2537012024
Parking Features
- Unassigned
- Gated
Sourcesystemkey
- 25565657:CLAW
Totalexpenses
- 78946.00
Views
- 21
Year Built
- 1950
Zoning
- LAC2
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com

















