10960 Sutter Avenue, Pacoima, CA 91331 - Berkshire Hathaway HomeServices California Properties
10960 Sutter Avenue Pacoima, CA 91331
$1,500,000 0 beds, 0 baths
0 sqft

Agent Remarks

Offered at an attractive price of just $150,000 per unit, 10960 Sutter Avenue is a well-located 10-unit apartment building in the high-demand rental market of Pacoima. Built in 1962, the property is comprised of (10) one-bedroom, one-bathroom units totaling approximately +/-5,856 square feet on a +/-8,864 square foot lot. It is subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering long-term stability and strong upside potential.With an estimated +/-60% rental upside, this asset provides an excellent value-add opportunity for investors looking to increase cash flow through unit turnover and operational improvements. The property also features secure gated entry and parking, offering enhanced safety and privacy for tenants. All parking is open surface, and the building is not subject to mandatory soft-story seismic retrofit requirements--reducing future capital improvement obligations.Situated near major retailers such as Costco, Lowe's, and Best Buy, and with easy access to the 118, 5, and 210 Freeways, the property enjoys a central and convenient location that supports ongoing tenant demand.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# P1-22074
List price is $1,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1962
2 stories
0.20 acres
Lot size: 0.2035
Subdivision: Not Applicable
County: Los Angeles
Lot description: Sprinklers None
MLS area: PAC - Pacoima

Last Updated: 5/6/2025

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This listing belongs to the PAC - Pacoima MLS area

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Lat/Long: 34.269471, -118.423868.
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Listing Agent: Casey Picard
Lic#: 01234982
Office Name: Mission Viejo

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