Offered at an attractive price of just $150,000 per unit, 10960 Sutter Avenue is a well-located 10-unit apartment building in the high-demand rental market of Pacoima. Built in 1962, the property is comprised of (10) one-bedroom, one-bathroom units totaling approximately +/-5,856 square feet on a +/-8,864 square foot lot. It is subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering long-term stability and strong upside potential.With an estimated +/-60% rental upside, this asset provides an excellent value-add opportunity for investors looking to increase cash flow through unit turnover and operational improvements. The property also features secure gated entry and parking, offering enhanced safety and privacy for tenants. All parking is open surface, and the building is not subject to mandatory soft-story seismic retrofit requirements–reducing future capital improvement obligations.Situated near major retailers such as Costco, Lowe’s, and Best Buy, and with easy access to the 118, 5, and 210 Freeways, the property enjoys a central and convenient location that supports ongoing tenant demand.
Property Details
Price:
$1,500,000
MLS #:
P1-22074
Status:
Active
Baths:
0
Address:
10960 Sutter Avenue
Type:
Residential Income
Neighborhood:
pacpacoima
City:
Pacoima
Listed Date:
May 6, 2025
State:
CA
ZIP:
91331
Lot Size:
8,864 sqft / 0.20 acres (approx)
Year Built:
1962
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Schools
Interior
Appliances
None
Fireplace Features
None
Exterior
Community Features
Sidewalks
Fencing
Wrought Iron
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Spots
10.00
Pool Features
None
Spa Features
None
Stories Total
2
View
None
Financial
Association Fee
0.00
Map
Community
- Address10960 Sutter Avenue Pacoima CA
- AreaPAC – Pacoima
- CityPacoima
- CountyLos Angeles
- Zip Code91331
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10960 Sutter Avenue
Pacoima, CA
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