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10028 San Fernando Rd
Pacoima, CA 91331

$3,150,000 USD

Apartments For Sale  •  5,334 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,334 SF
  • Lot Size 0.21 AC
  • Building Class B
  • Year Built 1950
  • Cap Rate 8.00 %
  • Zoning [Q]C2-1VL-CUGU
40 Transit Score
40 Walk Score

Highlights

Property Features: 14 Renovated units cash flowing at amazing 8% Cap Rate & 9.44 GRM from Day 1
Assumable Loan: Attractive assumable $2.5M loan at 3.9% interest rate through 9/1/2027
Covered Land Play: Potential to add 20 additional units consisting of: 7 by right and 13 ADUs.
Unit Mix: Demand-driven unit mix consisting primarily of 1+1 units.

Property Flyers

Cap Rate: 8.00 %

Public Transportation

Commuter RailDriveWalkDistance
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.0 mi
Sylmar/San Fernando (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.9 mi
AirportDriveWalkDistance
Bob Hope 12 min - 4.8 mi
Los Angeles International 41 min - 29.7 mi
Long Beach (Daugherty Field) 56 min - 42.2 mi
Kelly Morgan 310-836-3638 Kelly Morgan Multifamily Group
Kelly Morgan 310-836-3638 Kelly Morgan Multifamily Group