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Sold for $1,250,000 on 09/03/25
  • Listing Provided by: 

    Casey Picard DRE #01921866 626-376-9224,

    Keller Williams Realty

    Bought with: RE/MAX One
    $1,250,000

    10714 Sutter Ave, Pacoima, CA 91331

    2beds
    1baths
    4,960sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $1,234,300 Zestimate®
    $252/sqft
    $1,860 Estimated rent

    Home value

    $1,234,300

    $1.12M - $1.36M

    $1,860/mo

    Zestimate® history
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    $1,860/mo

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    $7,867/mo

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    What's special

    Located in the heart of Pacoima, 10714 Sutter Avenue is a well-positioned 8-unit apartment complex offering a strong value-add opportunity for investors. Built in 1961, the property consists entirely of (8) two-bedroom, one-bathroom units, totaling approximately +/-4,960 square feet of rentable space on a +/-7,102 square foot lot. The building is subject to Los Angeles' Rent Stabilization Ordinance (RSO), making it an ideal long-term hold in a supply-constrained rental market.With a significant rental upside of approximately +/-85%, the asset provides substantial income growth potential. Additionally, the property presents an opportunity to add an on-site laundry room, creating an additional income stream for ownership. Notably, the building is not subject to mandatory soft-story seismic retrofit requirements, reducing future capital improvement obligations.Tenants benefit from excellent proximity to major retailers such as Costco, Lowe's, and Best Buy, along with convenient access to Highway 118 and the 5 and 210 Freeways--ensuring strong rental demand and accessibility.

    Zillow last checked: 8 hours ago

    Listing updated: September 03, 2025 at 04:34pm

    Listing Provided by:

    Casey Picard DRE #01921866 626-376-9224,

    Keller Williams Realty

    Bought with:

    Jose I Ruiz, DRE #01168926

    RE/MAX One

    Ramon Rascon, DRE #01157350

    RE/MAX One

    Source: CRMLS,MLS#: P1-22073MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,960
    • Total interior livable area: 4,960 sqft

    Property

    Parking
    • Total spaces: 8
    Features
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,102 sqft
    • Features: Sprinklers None
    Details
    • Parcel number: 2535025005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1961

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Pacoima
    • Subdivision: Not Applicable

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Owner Will Carry

    Price history

    DateEventPrice
    9/3/2025Sold$1,250,000-3.5%$252/sqft
    Source: CRMLS #P1-22073
    7/1/2025Price change$1,295,000-4.8%$261/sqft
    Source: CRMLS #P1-22073
    5/6/2025Listed for sale$1,360,000+98.5%$274/sqft
    Source: CRMLS #P1-22073
    9/20/2012Listing removed$685,000$138/sqft
    Source: Park Regency Realty #F12074919
    9/15/2012Listed for sale$685,000$138/sqft
    Source: Park Regency Realty #F12074919

    Public tax history

    Tax history is unavailable.

    Find assessor info on the county website

    Neighborhood: Pacoima

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,234,300

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,234,300