0 Baths

$3,325,000

10028 San Fernando Road 34, Pacoima CA, 91331

Price per sqft$369.24

Lot size0.21 Acres

Property typeLand

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Overview

Active

Listed Feb 5, 2026

Updated Apr 10

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.

Additional information

MLS^® ID: 26648053

Exterior Features

Lot Size: 0.21 Acres

Other Property Details

55+/Senior Community: No

Broker Reciprocity Courtesy of Global Platinum Properties, Inc., Armin Soleimani

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

Data last updated 6:21 AM UTC, 4/10/2026

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.