Pacoima, CA 91331 10960 Sutter Avenue

10960 Sutter Avenue Pacoima, CA - Image 110960 Sutter Avenue Pacoima, CA - Image 210960 Sutter Avenue Pacoima, CA - Image 3
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10960 Sutter Avenue Pacoima, CA - Image 410960 Sutter Avenue Pacoima, CA - Image 510960 Sutter Avenue Pacoima, CA - Image 610960 Sutter Avenue Pacoima, CA - Image 7
Presented By: Casey Picard with Keller Williams Realty - (626) 716-4451
  • I-Tech MLS - 227 - CA
  • MLS# P122074
  • 05/06/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • SQFT • 5,856

Home Details

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.
Presented By: Casey Picard with Keller Williams Realty - (626) 716-4451

Interior Features for 10960 Sutter Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2

General for 10960 Sutter Avenue

CityPacoima
Community FeaturesSidewalks
CountyLos Angeles
DirectionsLocated on Sutter Avenue and Van Nuys Boulevard
Electric Expense1154
Fuel Expense4306
Garage Spaces
Garage Y/NNo
Gross Income134710
HOA Fee$
Insurance Expense10000
Land Lease Y/NNo
LevelsTwo
Lot Size Square Feet8864
Lot Size UnitsSquare Feet
MLS AreaPAC - Pacoima
MaintenanceExpense6000
Net Operating Income63251
Number Of Units Total10
Operating Expense68835
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories2
Subdivision NameNot Applicable
Tax Lot19
Taxes$19,244
Trash Expense6087
ViewNone
Water Sewer Expense16176
Year Built1962
Year Built SourceAssessor

Exterior for 10960 Sutter Avenue

Building Area Total5856
FencingWrought Iron
Lot FeaturesSprinklers None
Lot Size Acres0.2035
Lot Size Area8864
Number of Buildings1
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters1
SpaNo
Total Parking10

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,500,000
MLS#P122074
List Date 05/06/2025
Property Type Income
Phone 714.742.6515
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Request Info
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