10028 San Fernando Road, Pacoima, CA 91331
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
10028 San Fernando Road,Pacoima, CA 91331
$3,325,000
- 14 Beds
- 14 Baths
- 5,334 sq. ft.
- Multi-family
- Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26648039
Source:CRMLS
Price summary
- Price:$3,325,000
- Price per sq. ft.:$623.36
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
- Year built:1950
- Listing ID #:26648039
- Added:146 day(s) ago
- Updated:April 23, 2026 at 01:18 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:14
- Kitchen Description:Microwave
- Living area:5,334 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1950
- Building area:5,334 sq. ft.
- Lot area:0.21 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,325,000
- Price per sq. ft.:$623.36
Features and amenities
- Appliances:Microwave
Parking
- Total parking spaces:14
- Parking description:Gated, Unassigned
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