Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49641283
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Fireplace: None
Cooling Features
- Air Conditioning
Heating Source
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1962
- Building Area Total: 5,856
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Wrought Iron
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2035
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 8864
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Listing Information
Listing Price Information
- Original List Price: 1,500,000
- Listing Contract Date: 2025-05-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2535009019
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PAC - Pacoima
- Directions: Located on Sutter Avenue and Van Nuys Boulevard
- Source Property Type: Residential Income
- Area: PAC - Pacoima
Building and Construction
- Property Age: 63
- Common Walls: No Common Walls
- Year Built Source: Assessor
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/09/2025 @ 21:14
- MLS: P1-22074
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 5,856 sqft, 8,864 sized lot, and 0 parking. are nearby neighborhoods.