10714 Sutter Ave Pacoima, CA 91331
Estimated payment $8,936/month
About This Home
Located in the heart of Pacoima, 10714 Sutter Avenue is a well-positioned 8-unit apartment complex offering a strong value-add opportunity for investors. Built in 1961, the property consists entirely of (8) two-bedroom, one-bathroom units, totaling approximately +/-4,960 square feet of rentable space on a +/-7,102 square foot lot. The building is subject to Los Angeles' Rent Stabilization Ordinance (RSO), making it an ideal long-term hold in a supply-constrained rental market.With a significant rental upside of approximately +/-85%, the asset provides substantial income growth potential. Additionally, the property presents an opportunity to add an on-site laundry room, creating an additional income stream for ownership. Notably, the building is not subject to mandatory soft-story seismic retrofit requirements, reducing future capital improvement obligations.Tenants benefit from excellent proximity to major retailers such as Costco, Lowe's, and Best Buy, along with convenient access to Highway 118 and the 5 and 210 Freeways--ensuring strong rental demand and accessibility.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,102 Sq Ft Lot
- No Common Walls
- No Sprinklers
Home Design
- 4,960 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 8 Parking Spaces
- Parking Available
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 104
- Assessor Parcel Number 2535025005
Community Details
Overview
- 8 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,002
- Fuel Expense $3,437
- Insurance Expense $8,000
- Maintenance Expense $4,800
- Pest Control $900
- Trash Expense $8,364
- Water Sewer Expense $17,853
- New Taxes Expense $16,320
- Operating Expense $61,765
- Gross Income $118,980
- Net Operating Income $54,836
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | For Sale | $1,360,000 | +101.5% | $274 / Sq Ft |
| 10/23/2012 10/23/12 | Sold | $675,000 | -- | $136 / Sq Ft |
| 09/18/2012 09/18/12 | Pending | -- | -- | -- |
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22073
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