USACAPacoima10028 San Fernando Rd
34 - 10028 San Fernando Rd, Home with 0 bedrooms, 0 bathrooms and null parking in Pacoima CA | Image 1
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$3,700,000

34 - 10028 San Fernando Rd, Pacoima, CA

Real Estate

For Sale

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  • Key Facts
  • Description
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Key Facts

Type 
Levels Land
Size -
Garage No
Taxes 
Days Active 2
Lot Size 
Approx. Age 
MLS® Number 25597775

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Huge 500k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 10% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 12.7% Cap Rate, 6.2 GRM, and only 159k/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.Show Description
MLS® Number25597775
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2067
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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