$890,000
$890,000
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13737 Mercer Street Pacoima (los Angeles), CA 91331
5 Beds
4 Baths
1,751 SqFt
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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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with LuzDiaz