Pacoima, CA 91331,10714 Sutter AVE
Pacoima, CA 91331,10714 Sutter AVE
Pacoima, CA 91331,10714 Sutter AVE
5
Listed by Casey Picard • Keller Williams Realty
Bought with Jose I Ruiz
$1,250,000
$1,295,000
3.5%
Est.Price: ?

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7,102 Sqft Lot

10714 Sutter AVE Pacoima, CA 91331

Est. payment /mo
SOLD DATE : 09/03/2025

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Key Details

Sold Price $1,250,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRP1-22073

Sold Date 09/03/25

Year Built 1961

Lot Size 7,102 Sqft

Source California Regional MLS

Property Description

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.

Location

State CA

County Los Angeles

Area Pac - Pacoima

Rooms

Kitchen None

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry None

Exterior

Garage Spaces 8.0

Pool 31, None

View None

Others

Tax ID 2535025005

Special Listing Condition Not Applicable

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Paul Locatelli

Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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