Pacoima, CA 91331 10028 San Fernando Road 34
$3,950,000
11 more
Presented By: Julio Ruiz with Global Platinum Properties, Inc.;
- MLS# 25568133
- 07/21/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Home Details
Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 6.5% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027. Preliminary plans to add 20 new units to achieve an unheard 12% Cap Rate, 6.5 GRM, and only 166k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The preliminary 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.
Presented By: Julio Ruiz with Global Platinum Properties, Inc.;
Interior Features for 10028 San Fernando Road 34
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 10028 San Fernando Road 34
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityPacoima
CountyLos Angeles
DirectionsLocated on the North East Corner of Correnti and San Fernando Road.
Full Baths
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet9005.0
Lot Size UnitsSquareFeet
MLS AreaPAC - Pacoima
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Unit Number34
ViewNone
ZoningLAC2
Exterior for 10028 San Fernando Road 34
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2067
Lot Size Area9005.0
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate