CA > Pacoima
Pacoima, CA 91331,10028 San Fernando Rd
Pacoima, CA 91331,10028 San Fernando Rd
Pacoima, CA 91331,10028 San Fernando Rd
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$3,950,000
Est. payment /mo
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14 Beds
14 Baths
5,334 SqFt
Price Dropped by $245K

10028 San Fernando Rd Pacoima, CA 91331

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Sheila Ponder

Sheila Ponder

+1(725) 242-3833

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $740

MLS Listing ID 25519955

Bedrooms 14

Year Built 1950

Lot Size 9,005 Sqft

Acres 0.2067

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Pacoima

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Microwave, Hood Fan

Exterior

Parking Features Unassigned, Gated

Garage Spaces 14.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Global Platinum Properties, Inc.

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agent

Sheila Ponder

Agent | RE.S.0197943

+1(725) 242-3833

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10028 San Fernando Rd