10028 San Fernando Road #34, Pacoima, CA 91331 - Berkshire Hathaway HomeServices California Properties
10028 San Fernando Road #34 Pacoima, CA 91331
$3,950,000 0 beds, 0 baths
0 sqft

Agent Remarks

Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 6.5% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027. Preliminary plans to add 20 new units to achieve an unheard 12% Cap Rate, 6.5 GRM, and only 166k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The preliminary 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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 25526151
List price is $3,950,000 Reduced by $245,000 on 5/21/2025
Beds: 0
Baths: 0
0.21 acres
Lot size: 0.2067
County: Los Angeles
Zoning: LAC2
MLS area: PAC - Pacoima

Last Updated: 6/24/2025

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This listing belongs to the PAC - Pacoima MLS area

Lat/Long: 34.253109, -118.407227.
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Listing Agent: Armin Soleimani
Co Listing Agent: Julio Ruiz
Lic#: 01234982
Office Name: Mission Viejo

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