Huge 650k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7.25% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 11.3% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 13.9% Cap Rate, 5.7 GRM, and only 149k/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.
Centrally located 2-unit property in Pacoima! The front unit is occupied and can be delivered vacant; the back unit is currently vacant. Includes a detached two-car garage offering additional parking or potential for future ADU use (buyer to verify). Priced to sell at $685,000 a perfect opportunity to live in one unit and rent out the other. Ideal for investors or first-time homebuyers. Fully fenced and secure, close to all amenities, shops, and schools. Don't miss this versatile property!
Discover an exquisite property in Pacoima, perfect for a variety of uses. Built in 2025, this versatile 4-unit property( main house + 3ADUS) allows you to enjoy living in the main house while renting out the other 3 units, or adapt it for multifamily housing. Situated on a spacious 9,893 SQFT lot with a total building size of 4,640 SQFT, this property offers modern efficiency and excellent rental income. Each unit has its own address, individual electric meter, and paid-off solar panels. Unit Breakdown: Unit 1 & Unit 2: 3 Bedrooms, 2 Bathrooms, approx. 1,350 SQFT each with open floor plans. Unit 3: 3 Bedrooms, 2 Bathrooms, approx. 1,200 SQFT. Unit 4: 2 Bedrooms, 2 Bathrooms, approx. 750 SQFT. With a 7.2% cap rate, this property combines sustainable design, strong cash flow, and long-term investment security an exceptional opportunity in a prime location.
Exceptionally well-maintained apartment complex consisting of a good mix of 1, 2, and 3 bedroom units across multiple three-story structures. The property is subject to an restrictive affordability covenant that expires in 2060. Situated on 1.3 acres, the property also offers the potential to add additional units such as ADU's (buyer to verify). Existing City / Government loans may be assumable subject to Lenders' approval. Seller may be subject to certain notice provisions under the Affordable Housing Preservation Laws, including a possible opportunity for certain qualified entities to submit an offer, which may extend close of escrow. Prospective Buyers are encouraged to be able to show proof of history and ability to operate an affordable housing apartment complex, and encouraged to register with the state and/or local housing authority to become a "Qualified Entity" in order to ensure a smooth and timely transaction. Buyer to verify all information including financials. Financial information provided by Seller is based on actual rents in compliance with affordability covenants; scheduled rents and operating expenses are adjusted to adjust for vacancies and one-time expenses and include expected property taxes excluding welfare exemptions (ie a nonprofit Buyer would likely be entitled to welfare exemption and thus reduced property taxes compared to what is shown); and proforma rents are based on market rents that may or may not be able to be fully collected under affordability covenants and rent control increases.
Exceptional Investment Opportunity in Prime Pacoima Location. Unlock the potential of this rare 4733 square foot mixed use property, designed for both commercial and residential purposes. This multi unit asset, set across two well constructed two story buildings, includes four distinct units featuring a combination of one bedroom one bath, two bedroom one bath, and three studio configurations. The property offers seven convenient uncovered parking spaces, with the ground floor of one building featuring a spacious warehouse ready to be delivered vacant—ideal for business owners seeking an office, shop, or creative space. Above are two residential units, each with a private balcony and a common laundry area. The first unit includes a bright living room flowing into a well sized kitchen, a large bedroom with ample closet space, and potential for in unit laundry. The second unit is a spacious two bedroom apartment with a thoughtful layout for comfort. Across the property are two additional studio units, expanding income opportunities and tenant appeal. The property is well equipped to support both commercial and residential operations. It features 240 volts and a combined 600 amps of electrical service, supported by one commercial water meter, two commercial gas meters, and one commercial electrical meter. The commercial warehouse includes a five ton AC and heat system, while the retail or office area features a three ton system and a zoned AC setup capable of controlling three rooms. Additional commercial highlights include a roll up door, two gates measuring eight and a half by seven and a half feet, an eight by forty foot storage unit, RV parking, and up to twelve parking spaces. The residential section benefits from its own utility infrastructure with one water meter, two gas meters, and four electrical meters. The one bedroom and two bedroom units are equipped with two ton AC and heat systems, while the studio units include efficient two ton mini splits. A private gate secures access to the complex, enhancing privacy and appeal. With flexible configurations ideal for live work arrangements or a diversified rental portfolio, this property caters to business owners, investors, or entrepreneurs seeking value and versatility in a prime area. Seize this opportunity to own a property that balances commercial potential with residential comfort, offering limitless possibilities for growth and return.
MOTIVATED SELLER * SELLER FINANCING AVAILABLE * Copper Piping Throughout * Sewer only 3 years old. INVESTMENT OPPORTUNITY. This 10-unit apartment building located at 13226 Paxton Street in Pacoima presents a compelling investment opportunity. Boasting a monthly rental income of $15,157.05, with each unit individually metered for gas and electric, this property promises stable returns for savvy investors. With a 100% occupancy rate, this building offers immediate cash flow and a solid foundation for long-term growth. The steady rental income provides a reliable source of passive income, making it an attractive option for investors seeking to diversify their portfolio or expand their real estate holdings. Additionally, the separately metered utilities offer potential for cost savings and increased profitability, as tenants are responsible for their own gas and electric bills. All information to be verified by buyer and buyer's broker. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.
Pacoima is located in California.
