$3,550,000

10028 San Fernando Road 34, Pacoima, CA 91331

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,004sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property 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.

Listing Status:
Active
Date Added:
December 3, 2025 at 06:00AM
Listing Office:
Global Platinum Properties, Inc. : 424-394-1030
Listing Agent:
Armin Soleimani : 310-666-2246
MLS ID:
25625417
  • Parking: Parking spaces: 0
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAC22537012024
  • View: None
  • Source: CRMLS_CL

This listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Montague Charter Academy

, Pacoima, CA, 91331

Grades KG-5

0.41 miles away

P

Pacoima Middle School

9919 Laurel Canyon Blvd, Pacoima, CA, 91331

Grades 6-8

0.98 miles away

V

Valley Oaks Center for Enriched Studies

9171 Telfair Ave, Sun Valley, CA, 91352

Grades 6-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.