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Sold for $1,425,000 on 07/22/25
  • Listing Provided by: 

    Casey Picard DRE #01921866 626-204-3300,

    Keller Williams Realty

    $1,425,000

    10960 Sutter Ave, Pacoima, CA 91331

    1beds
    1baths
    5,856sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $1,424,700 Zestimate®
    $243/sqft
    $1,574 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 09:45pm

    Listing Provided by:

    Casey Picard DRE #01921866 626-204-3300,

    Keller Williams Realty

    Bought with:

    Andy Aguilar, DRE #01909871

    American Real Estate Experts

    Source: CRMLS,MLS#: P1-22074MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,856
    • Total interior livable area: 5,856 sqft

    Property

    Parking
    • Total spaces: 10
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,864 sqft
    • Features: Sprinklers None
    Details
    • Parcel number: 2535009019
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1962

    Community & neighborhood

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

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,424,700

    Get a cash offer in 3 minutes

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

    Estimated market value

    $1,424,700