Huge 750k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7.5% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 12.8% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 14.2% Cap Rate, 5.6 GRM, and only 151k/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.
Property Details
Price:
$3,450,000
MLS #:
26648053
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
pacpacoima
Listed Date:
Feb 5, 2026
Lot Size:
9,005 sqft / 0.21 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address10028 San Fernando RD #34 Pacoima CA
- CityPacoima
- CountyLos Angeles
- Zip Code91331
Market Summary
Property Summary
- 10028 San Fernando RD #34 Pacoima CA is a Land for sale in Pacoima, CA, 91331. It is listed for $3,450,000 and features 0 acres.
Similar Listings Nearby
10028 San Fernando RD #34
Pacoima, CA


