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Listed price in listed location currency (USD).
$3,550,000

141414

MLS® 25625419

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 5334 sqft
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1950
Avg. Price Per Sqft $665
MLS® Number 25625419

Property Address: 10028 San Fernando Rd, Pacoima, CA, 91331

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number25625419
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 4, 2025List Date
$3,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
10028 San Fernando Rd, Pacoima, CA

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