$1,425,000
SOLD JUL 22, 2025

10960 Sutter Ave Pacoima, CA 91331

1 Bed
1 Bath
5,856 Sq Ft
8,864 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

5% Below List Price

70 Days on Market

Highlights

  • Cooling Available
  • Wrought Iron Fence
  • Heating Available
  • Laundry Room

About This Home

As of July 2025

Offered at an attractive price of just $150,000 per unit, 10960 Sutter Avenue is a well-located 10-unit apartment building in the high-demand rental market of Pacoima. Built in 1962, the property is comprised of (10) one-bedroom, one-bathroom units totaling approximately +/-5,856 square feet on a +/-8,864 square foot lot. It is subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering long-term stability and strong upside potential.With an estimated +/-60% rental upside, this asset provides an excellent value-add opportunity for investors looking to increase cash flow through unit turnover and operational improvements. The property also features secure gated entry and parking, offering enhanced safety and privacy for tenants. All parking is open surface, and the building is not subject to mandatory soft-story seismic retrofit requirements--reducing future capital improvement obligations.Situated near major retailers such as Costco, Lowe's, and Best Buy, and with easy access to the 118, 5, and 210 Freeways, the property enjoys a central and convenient location that supports ongoing tenant demand.

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

Andrew Aguilar

Mission Real Estate License #01909871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,864 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • No Sprinklers

Interior Spaces

  • 5,856 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 10 Parking Spaces
  • Parking Available

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 104
  • Assessor Parcel Number 2535009019

Community Details

Building Details

  • Rent Control
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,154
  • Fuel Expense $4,306
  • Gardener Expense $900
  • Insurance Expense $10,000
  • Maintenance Expense $6,000
  • Pest Control $900
  • Professional Management Expense $5,283
  • Trash Expense $6,087
  • Water Sewer Expense $16,176
  • New Taxes Expense $19,244
  • Operating Expense $68,835
  • Gross Income $134,710
  • Net Operating Income $63,251

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 5283.00
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 16176.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 2535009019
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 243.34

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 10.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 900.00
  • Trash Expense: 6087.00
  • 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: 8864.00
  • Lot Size Acres: 0.2035

Multi Family

  • Electric Expense: 1154.00
  • Fuel Expense: 4306.00
  • Gross Income: 134710.00
  • Gross Multiplier: 11.43
  • Gross Scheduled Income: 131208.00
  • Insurance Expense: 10000.00
  • Lot Size Area: 8864.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Net Operating Income: 63251.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 68835.00
  • Rent Control: Yes
  • Total Expenses: 68835.00

Tax Info

  • New Taxes Expense: 19244.00
  • Tax Lot: 19
  • Tax Tract Number: 104...

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
07/22/2025 07/22/25 Sold $1,425,000 -5.0% $243 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $1,500,000 +102.7% $256 / Sq Ft
02/16/2012 02/16/12 Sold $740,000 +2.1% $126 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
11/21/2011 11/21/11 For Sale $725,000 -- $124 / Sq Ft
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
  • Andrew Aguilar

    Buyer's Agent in 2025

    Andrew Aguilar

    Mission Real Estate

    (818) 447-9251

    1 in this area

    3 Total Sales

    Andrew Aguilar
    Section Image
  • Doug Rodermund

    Seller's Agent in 2012

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    22 Total Sales

    Doug Rodermund
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22074

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

10960 Sutter Ave, Pacoima, CA

This home is located at 10960 Sutter Ave, Pacoima, CA 91331 and is currently priced at $1,425,000, approximately $243 per square foot. This property was built in 1962. 10960 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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