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
$3,325,000
  • 0.21 Acres
  • Lots / Land
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:CL26648053
Source:Bay East, CCAR, bridgeMLS

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 #:CL26648053
  • Added:101 day(s) ago
  • Updated:March 05, 2026 at 11:30 AM

Structure and exterior

  • Lot area:0.21 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$3,325,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 5, 2026