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Property view

10960 Sutter Avenue, 
Pacoima, CA 91331

$1,425,000


Bed


Bath


5,856

Sq Ft


Multi-Family

Sold

Listed by

Casey Picard

Bought with American Real Estate Experts

Keller Williams Realty

626-204-3300

MLS#

P1-22074

Source:

CRMLS

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About This Home

10960 Sutter Avenue

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.

Home Facts

Multi-Family

Built in 1962

Price Summary

1,500,000

$256 per Sq. Ft.

MLS #:

P1-22074

Sold:

July 22, 2025


Rooms & Interior

Interior

Living Area:

5,856 Sq. Ft.


Structure

Structure

Building Area:

5,856 Sq. Ft.

Year Built:

1962


Lot

Lot Size (Sq. Ft):

8,864


Finances & Disclosures

Finances

Price:

$1,500,000

Price per Sq. Ft:

$256 per Sq. Ft.

Source:CRMLS
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