$675,000
SOLD OCT 23, 2012

10714 Sutter Ave Pacoima, CA 91331

16 Beds
8 Baths
4,960 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • Traditional Architecture
  • Dual Staircase
  • Property is near public transit
  • No HOA

About This Home

As of October 2012

Bread + butter investment* 8 units- ALL are 2 Br+1 Ba units* 1 building* 2 story *1 car parking space for each unit* All units are legal, original construction* Good size units approx. 620+sqft (4,960) total sq ft* Separate electric + gas meters* Low maintainance grounds, mostly concrete* Close to shopping, transportation, commercial, industrial and other apartment buildings* Standard sale* Has a GRM of 7.9 and 5.24 Cap Rate*
No sign or lock box* Please Don't disturb the tenants*

Last Agent to Sell the Property

Dan Tresierras

Park Regency Realty License #00672130 Listed on: 09/18/2012

Park Regency Realty

Last Buyer's Agent

Kifah Azzuz

MB Real Estate License #00935157

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Property fronts an alley
  • No Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,960 Sq Ft Home
  • Dual Staircase
  • Mountain Views

Bedrooms and Bathrooms

  • 16 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 8 Bathrooms

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 16 Parking Spaces
  • Public Parking
  • Driveway
  • On-Street Parking
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Overhead Utilities
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid
  • Satellite Dish

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 05
  • Assessor Parcel Number 2535025005

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Pet Policy

  • No Pets Allowed

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $599
  • Insurance Expense $4,186
  • Maintenance Expense $25,580
  • Other Expense $3,928
  • Professional Management Expense $1,700
  • Trash Expense $3,572
  • Water Sewer Expense $4,783
  • New Taxes Expense $2,232
  • Net Operating Income $35,939

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • CapRate: 5.24
  • Improvements Amount: 81027
  • Improvements Percent: 62.20
  • Professional Management Expense: 1700.00
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Window Bars
  • View: Yes
  • Water Sewer Expenses: 4783.00
  • Zoning: lard2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 2535025005
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Unfurnished
  • Levels: Two
  • Price Per Square Foot: 136.09
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Exterior Features: Satellite Dish
  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Parking Features: Asphalt, Driveway, Public, Parking Space, Street
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater, Water Heater Central
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 3572.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pets Not Permitted, Sewer, Trash
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Value: 49139
  • Lot Features: Level, Rectangular Lot, Lot 6500-9999, No Landscaping, Paved, Near Public Transit, Utilities - Overhead
  • Lot Size: 50x142
  • Lot Size Sq Ft: 7100.00
  • Lot Size Acres: 0.1630

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 620
  • Electric Expense: 599.00
  • Gross Multiplier: 7.90
  • Gross Scheduled Income: 85740.00
  • Gross Spendable Income: 35939.00
  • Insurance Expense: 4186.00
  • Lot Size Area: 7100.0000 Square Feet
  • Maintenance Expense: 25580.00
  • Net Operating Income: 35939.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 49801.00
  • Other Expense: 3928.00
  • Other Expense Description: SANITAT
  • Other Income Description: NO LAUNDRY ROOM IN OPERATION
  • Rent Control: Yes
  • Total Actual Rent: 7145.00

Tax Info

  • New Taxes Expense: 2232.00
  • Tax Lot: 05
  • Tax Year: 2011

Range of Values:

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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 Change Sq Ft Price
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
09/18/2012 09/18/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12074919

California Regional Multiple Listing Service (CRMLS)