$1,250,000
SOLD SEP 3, 2025

10714 Sutter Ave Pacoima, CA 91331

2 Beds
1 Bath
4,960 Sq Ft
7,102 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

8% Below List Price

114 Days on Market

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Casey Picard

Keller Williams Realty License #01921866 Listed on: 05/05/2025

Keller Williams Realty

Last Buyer's Agent

Jose Ruiz

RE/MAX One License #01168926

RE/MAX One

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 17853.00
  • Property Type: Residential Income
  • Parcel Number: 2535025005
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Price Per Square Foot: 252.02

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 8.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Pest Control Expense: 900.00
  • Trash Expense: 8364.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 7102.00
  • Lot Size Acres: 0.1630

Multi Family

  • Electric Expense: 1002.00
  • Fuel Expense: 3437.00
  • Gross Income: 123288.00
  • Gross Multiplier: 10.50
  • Gross Scheduled Income: 123288.00
  • Insurance Expense: 8000.00
  • Lot Size Area: 7102.0000 Square Feet
  • Maintenance Expense: 4800.00
  • Net Operating Income: 59837.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 60985.00
  • Rent Control: Yes
  • Total Expenses: 60985.00

Tax Info

  • New Taxes Expense: 15540.00
  • Tax Lot: 5
  • Tax Tract Number: 104...

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Casey Picard

    Seller's Agent in 2025

    Casey Picard

    Keller Williams Realty

    (626) 376-9233

    2 in this area

    22 Total Sales

    Casey Picard
    Section Image

  • J

    Buyer's Agent in 2025

    Jose Ruiz

    RE/MAX

    (818) 488-8900

    3 in this area

    10 Total Sales

    Jose Ruiz
    Section Image
  • Ramon Rascon

    Buyer Co-Listing Agent in 2025

    Ramon Rascon

    Intero Real Estate Services

    (800) 577-1638

    4 in this area

    78 Total Sales

    Ramon Rascon
    Section Image
  • Dan Tresierras

    Seller's Agent in 2012

    Dan Tresierras

    Park Regency Realty

    (818) 363-6116

    1 in this area

    24 Total Sales

    Dan Tresierras
    Section Image

  • K

    Buyer's Agent in 2012

    Kifah Azzuz

    MB Real Estate

    (818) 657-6500

    14 Total Sales

    Kifah Azzuz
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22073

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Pacoima 91331

10714 Sutter Ave, Pacoima, CA

This home is located at 10714 Sutter Ave, Pacoima, CA 91331 and is currently priced at $1,250,000, approximately $252 per square foot. This property was built in 1961. 10714 Sutter Ave is a home located in Los Angeles County with nearby schools including Charles Maclay Middle School, San Fernando Senior High School, and Pacoima Charter Elementary School.

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.

Pasadena-Foothills Association of REALTORS® 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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