Pacoima (los Angeles), CA 91331,13737 Mercer Street
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Pacoima (los Angeles), CA 91331,13737 Mercer Street
Pacoima (los Angeles), CA 91331,13737 Mercer Street
Pacoima (los Angeles), CA 91331,13737 Mercer Street
Pacoima (los Angeles), CA 91331,13737 Mercer Street

$890,000

Est. payment /mo

$890,000

Est.Price: ?

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13737 Mercer Street Pacoima (los Angeles), CA 91331

5 Beds

4 Baths

1,751 SqFt

SOLD DATE : 07/31/2024

Key Details

Sold Price $890,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,751 sqft

Price per Sqft $508

MLS Listing ID CL24399065

Sold Date 07/31/24

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1942

Lot Size 4,954 Sqft

Acres 0.1137

Property Description

Welcome to this wonderful Single Family House located in the City of Pacoima, CA. This property offers a fantastic opportunity for investors or those looking for a multi-family living arrangement. This beautiful property offers THREE units for its future owner: The front house offers 2 FULLY UPDATED bedrooms and 2 FULLY UPDATED bathrooms. The Back House (ADU) offers 2 FULLY UPDATED bedrooms and a FULLY UPDATED bathroom. Attached to the ADU, there is also a Studio with a FULLY UPDATED bathroom and FULLY UPDATED kitchenette. Both units in the back could give you the potential of getting cash flow. It can indeed be a great opportunity. The front house offers a potential rental income of around $3,800; the ADU in the back can get $2,900, and the studio could be rented for $2,100. PROJECTED TOTAL GROSS INCOME IS $8,800 PER MONTH. PROJECTED NOI IS $89,760. DO NOT MISS OUT ON THIS OPPORTUNITY TO PURCHASE THIS INVESTMENT AT A 10.57% CAP RATE! These rental rates can provide a substantial income stream for the future owner and help offset expenses associated with the property. It also boasts ample parking space accommodating around 6-8 cars in the property. It is very conveniently located to access amenities, transportation, and entertainment options. Whether you buy this property for rent

Location

State CA

County Los Angeles

Area Listing

Zoning LAR1

Interior

Interior Features Updated Kitchen

Heating Central

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Appliance Disposal, Gas Range, Range

Laundry Other

Exterior

Exterior Feature Other

Pool None

Utilities Available Other Water/Sewer

View Y/N false

View None

Total Parking Spaces 8

Private Pool false

Building

Story 1

Water Other

Level or Stories One Story

New Construction No

Others

Tax ID 2618017003

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Bridge MLS
Listed by Everardo Banuelos Robles • Realty ONE Group United
Bought with LuzDiaz
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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