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10028 San Fernando Road #34, Pacoima, CA 91331

Pacoima
Local realty services provided by:CENTURY 21 Epic
10028 San Fernando Road #34,Pacoima, CA 91331
$3,325,000
  • 0.21 Acres
  • Lots / Land
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26648053
Source:CRMLS

Price summary

  • Price:$3,325,000

About this home

Huge 900k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing Current Cap Rate of 7.75% from day 1. Attractive 2.6M assumable loan (Need only ~20% Down) at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 14.9% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 14.6% Cap Rate, 5.5 GRM, and only 148k/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.

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Home facts

  • Listing ID #:26648053
  • Added:376 day(s) ago
  • Updated:April 28, 2026 at 10:47 AM

Structure and exterior

  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$3,325,000
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