10714 Sutter Avenue, Pacoima, CA 91331 - MLS#P1-22073

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,295,000

Est. payment - /mo

2 Beds

1 Bath

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-22073

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction Located on Sutter Avenue near the Whiteman Airport

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Others

Tax ID 2535025005

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Listed by Casey Picard Keller Williams Realty

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

10714 Sutter Avenue Pacoima, CA 91331

Arash Rokni

Key Details

Location

Interior

Exterior

Others

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