10028 San Fernando Road, Pacoima, CA 91331
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
10028 San Fernando Road,Pacoima (los Angeles), CA 91331
$3,700,000
- 0.21 Acres
- Lots / Land
- Active
Listed by:armin soleimani
Office:global platinum properties, inc.
MLS#:CL25597775
Source:CA_BRIDGEMLS
Price summary
- Price:$3,700,000
About this home
Huge 500k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 10% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 12.7% Cap Rate, 6.2 GRM, and only 159k/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 #:CL25597775
- Added:170 day(s) ago
- Updated:October 04, 2025 at 08:48 PM
Rooms and interior
- Living area:9,005 sq. ft.
Structure and exterior
- Building area:9,005 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$3,700,000
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