Seller's Agent in 2025
Casey Picard
Keller Williams Realty
(626) 376-9233
2 in this area
25 Total Sales
10714 Sutter Ave Pacoima, CA 91331
2
Beds
1
Bath
4,960
Sq Ft
7,100
Sq Ft Lot
About This Home
As of September 2025Located 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.
Last Agent to Sell the Property
Keller Williams Realty License #01921866 Listed on: 05/05/2025
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 $15,540
- Operating Expense $60,985
- Gross Income $123,288
- Net Operating Income $59,837
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2025 09/03/25 | Sold | $1,250,000 | -3.5% | $252 / Sq Ft | |
| 07/01/2025 07/01/25 | Price Changed | $1,295,000 | -4.8% | $261 / Sq Ft | |
| 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 | View Prior Sale |
| 09/18/2012 09/18/12 | Pending | -- | -- | -- |
Source: Pasadena-Foothills Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,875 | $831,201 | $369,423 | $461,778 |
| 2024 | $10,875 | $814,904 | $362,180 | $452,724 |
| 2023 | $10,681 | $798,927 | $355,079 | $443,848 |
| 2022 | $10,218 | $783,263 | $348,117 | $435,146 |
| 2021 | $10,076 | $767,906 | $341,292 | $426,614 |
| 2020 | $10,167 | $760,033 | $337,793 | $422,240 |
| 2019 | $9,796 | $745,131 | $331,170 | $413,961 |
| 2018 | $9,674 | $730,522 | $324,677 | $405,845 |
| 2016 | $9,181 | $702,157 | $312,070 | $390,087 |
| 2015 | $9,057 | $691,611 | $307,383 | $384,228 |
| 2014 | $9,135 | $678,064 | $301,362 | $376,702 |
Source: Public Records
Agents Affiliated with this Home
-
Casey Picard
-
Jose Ruiz
J
Buyer's Agent in 2025
Jose Ruiz
RE/MAX
(818) 488-8900
3 in this area
11 Total Sales
-
Ramon Rascon
Buyer Co-Listing Agent in 2025
Ramon Rascon
Intero Real Estate Services
(800) 577-1638
5 in this area
74 Total Sales
-
Dan Tresierras
Seller's Agent in 2012
Dan Tresierras
Park Regency Realty
(818) 356-6356
1 in this area
21 Total Sales
-
Kifah Azzuz
K
Buyer's Agent in 2012
Kifah Azzuz
MB Real Estate
(818) 657-6500
12 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22073
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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