10028 San Fernando Road #34, Pacoima, CA 91331

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
10028 San Fernando Road #34,Pacoima, CA 91331
$3,550,000
  • 0.21 Acres
  • Lots / Land
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25625417
Source:CRMLS

Price summary

  • Price:$3,550,000

About this home

Huge 650k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7.25% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 11.3% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 13.9% Cap Rate, 5.7 GRM, and only 149k/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 #:25625417
  • Added:246 day(s) ago
  • Updated:December 19, 2025 at 02:27 PM

Structure and exterior

  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$3,550,000
Based on information from California Regional Multiple Listing Service, Inc. as of December 19, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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