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10560 Haddon Ave
Pacoima, CA 91331

$18,500,000 USD

Apartments For Sale • 74,896 SF

Property Details

Property Type Apartments
Total Building Size 74,896 SF
Lot Size 3.4 AC
Building Class C
Year Built 1964
Cap Rate 5.79 %
Zoning LARD3

51 Transit Score

78 Walk Score

                
                    Highlights
                
                                85-Unit Value-Add Apartment Community in Desirable Pacoima Rental Submarket
                            
                                Low Basis - Priced Below Replacement Cost
                            
                                Recent Capital Improvements including full renovation of 30 units, new windows, new fencing and entry gates, significant roof repairs, exterior paint
                            
                                Large 3.4-Acre Lot with ADU Potential:  Apartment complex situated on a large 3.4-acre lot with potential to build ADUs.  Buyer to conduct its own inv
                            
                                Excellent Unit Mix: Excellent unit mix consisting of (13) 1+1 units, (38) 2+1 units and (34) 3+2 units
                            
                                Property Amenities: Property amenities include controlled access, on-site laundry facility, on-site property manager and video patrol

Property Flyers

Haddon Hacienda_OM

Cap Rate:

5.79 %

Major Tenants

Tenant	SF Occupied	Lease End Date
10560 Haddon Ave
John H & J A Larkin
Mashcole- Hadden Hacienda

Public Transportation

Commuter Rail	Drive	Walk	Distance
Sylmar/San Fernando (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	3.1 mi
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.2 mi
Airport	Drive	Walk	Distance
Bob Hope	13 min	-	7.4 mi
Los Angeles International	38 min	-	27.9 mi
Long Beach (Daugherty Field)	56 min	-	42.8 mi

Matt Ziegler 818-212-2738 Marcus & Millichap

10560 Haddon Ave Pacoima, CA 91331