10028 San Fernando Road, Pacoima (los Angeles), CA 91331
- 5,334 sqft
other
Built in 1950
9,148sqft lot
—— car garage
$647/sqft
Listed 2 days ago
Property Description
Huge 750k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7.5% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 12.8% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 14.2% Cap Rate, 5.6 GRM, and only 151k/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.
- Listing Status:
- Active
- Date Added:
- February 5, 2026
- Data Last Updated:
- February 8, 2026 at 12:07AM
- Listing Office:
- Global Platinum Properties, Inc. : 424-394-1030
- Listing Agent:
- Armin Soleimani : 310-666-2246
- MLS ID:
- CL26648039
- Parking: OtherUnassigned
- Originating MLS: CRMLS
- County: Los Angeles
- Zoning: LAC22537012024
- Source: CRMLS
Presented by Veterans United Realty
This listing courtesy of Armin Soleimani , Global Platinum Properties, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Haddon Avenue STEAM Academy
10115 Haddon Ave, Pacoima, CA, 91331
Grades PK-5
0.82 miles away
Pacoima Middle School
9919 Laurel Canyon Blvd, Pacoima, CA, 91331
Grades 6-8
0.98 miles away
Valley Oaks Center for Enriched Studies
9171 Telfair Ave, Sun Valley, CA, 91352
Grades 6-12
1.35 miles away

