NOT LISTED FOR SALE

10960 Sutter Ave Pacoima, CA 91331

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

Sale Details

Date Sold: July 22, 2025

Last sale price $1,425,000 $243 Per Sq Ft

70 Days on Market

Highlights

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

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

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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

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

8,864 Sq Ft Lot

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...

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pacoima, CA

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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

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22074

Pasadena-Foothills Association of REALTORS®
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