Oscar Montalvo
Responds Quickly
RE/MAX One
(747) 229-0915
68 Total Sales
1 in Pacoima
$365,000 Price
10960 Sutter Ave Pacoima, CA 91331
Pacoima Area
1
Bed
1
Bath
5,856
Sq Ft
8,864
Sq Ft Lot
Highlights
- Cooling Available
- Wrought Iron Fence
- Heating Available
- Laundry Facilities
About This Home
As of July 2025Offered 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
Keller Williams Realty License #01921866 Listed on: 05/05/2025
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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
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 27, 2026
Sold by
Bought by
Purchase Details
Listed on
May 5, 2025
Closed on
May 26, 2025
Sold by
Bought by
Seller's Agent
Casey Picard
Keller Williams Realty
Buyer's Agent
Andrew Aguilar
Mission Real Estate
List Price
$1,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$75,000
-5%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.85%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 13, 2011
Sold by
Bought by
Purchase Details
Closed on
Oct 20, 2011
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 13, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 11, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.79%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 23, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 20, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 29, 1997
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.49%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pacoima, CA
-
Oscar Montalvo
-
Jennifer Collins
Jennifer Collins
Compass
(925) 396-8588
89 Total Sales
1 in Pacoima
$651,000 Price
-
Carlos Echegaray
Carlos Echegaray
EH Worldwide Realty
(805) 669-2237
44 Total Sales
3 in Pacoima
$682K - $865K Price Range
-
Jared Nuñez
Jared Nuñez
Ambiance Realty
(562) 568-7742
147 Total Sales
2 in Pacoima
$1,100,000 Price Range
-
Z Real Estate
Z Real Estate
Z Real Estate
(818) 412-6824
219 Total Sales
1 in Pacoima
$530,000 Price
-
Armando Padilla
Armando Padilla
Equity Union
(661) 463-8165
146 Total Sales
1 in Pacoima
$502,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Accommodation/Courtesy Recordi | ||
| $1,425,000 | Chicago Title Company | ||
| $740,007 | First American Title Insuran | ||
| $532,006 | Servicelink | ||
| $131,500 | Fidelity National Title Co | ||
| $520,000 | Gateway Title Company | ||
| $350,000 | North American Title Co | ||
| -- | North American Title | ||
| $175,000 | North American Title Co | ||
| $139,997 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $712,500 | ||
| Previous Owner | $610,000 | ||
| Previous Owner | $618,750 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $155,000 | ||
| Previous Owner | $130,000 | ||
| Previous Owner | $365,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $12,381 | $929,469 | $552,658 | $376,811 |
| 2024 | $12,186 | $911,245 | $541,822 | $369,423 |
| 2023 | $11,969 | $893,379 | $531,199 | $362,180 |
| 2022 | $11,452 | $875,863 | $520,784 | $355,079 |
| 2021 | $11,291 | $858,690 | $510,573 | $348,117 |
| 2019 | $10,978 | $833,223 | $495,430 | $337,793 |
| 2018 | $10,817 | $816,886 | $485,716 | $331,170 |
| 2016 | $10,269 | $785,167 | $466,856 | $318,311 |
| 2015 | $10,130 | $773,374 | $459,844 | $313,530 |
| 2014 | $10,225 | $758,226 | $450,837 | $307,389 |
Source: Public Records
Agents Affiliated with this Home
-
Casey Picard
Seller's Agent in 2025
Casey Picard
Keller Williams Realty
(626) 376-9233
26 Total Sales
-
Andrew Aguilar
Buyer's Agent in 2025
Andrew Aguilar
Mission Real Estate
(818) 447-9251
18 Total Sales
-
Andy Aguilar
Buyer's Agent in 2025
Andy Aguilar
American Real Estate Experts
(747) 447-5110
27 Total Sales
-
Doug Rodermund
Seller's Agent in 2012
Doug Rodermund
Morgan Skenderian
(949) 295-8560
36 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22074
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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