- 12 Beds
- 13 Baths
- 5,334 Sqft
- .21 Acres
10028 San Fernando Road
Huge 650k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7.25% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 11.3% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 13.9% Cap Rate, 5.7 GRM, and only 149k/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.
Essential Information
- MLS® #25565655
- Price$3,550,000
- Bedrooms12
- Bathrooms13.00
- Square Footage5,334
- Acres0.21
- Year Built1950
- TypeResidential Income
- StatusActive
Community Information
- Address10028 San Fernando Road
- AreaPAC - Pacoima
- CityPacoima
- CountyLos Angeles
- Zip Code91331
Amenities
- Parking Spaces14
- ParkingGated, Unassigned
- GaragesGated, Unassigned
Interior
- AppliancesMicrowave
- HeatingWall Furnace
- CoolingNone
- # of Stories2
- StoriesTwo
Additional Information
- Date ListedSeptember 25th, 2025
- Days on Market57
- ZoningLAC2
Listing Details
- AgentArmin Soleimani
Office
Global Platinum Properties, Inc.
Price Change History for 10028 San Fernando Road, Pacoima, (MLS® #25565655)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,700,000 to $3,550,000 |
Armin Soleimani, Global Platinum Properties, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 21st, 2025 at 2:41pm PST. 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.