$740,000
SOLD FEB 16, 2012

10960 Sutter Ave Pacoima, CA 91331

1 Bed
1 Bath
5,856 Sq Ft
8,869 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

2% Above List Price

18 Days on Market

About This Home

As of July 2025

REO-Bank Foreclosure Property, Turn key condition with tile floors, counters and showers. Property has securitized entry and parking in an excellent rental location.

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 11/21/2011

Last Buyer's Agent

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 11/21/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • 9 Parking Spaces

Home Design

  • 5,856 Sq Ft Home
  • Mansard Roof Shape
  • Frame Construction
  • Flat Tile Roof
  • Stucco

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • 8,869 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 2535009019

Community Details

Overview

  • 10 Units

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,000
  • Maintenance Expense $5,753
  • Other Expense $1,000
  • Trash Expense $3,660
  • Water Sewer Expense $3,660
  • New Taxes Expense $10,225
  • Gross Income $7,990
  • Net Operating Income $61,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 8.52
  • Price Per Unit: 72500
  • View: No
  • Water Sewer Expenses: 3660.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2535009019
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 126.37

Exterior Features

  • Pool Private: No
  • Roof: Flat Tile, Mansard
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 9.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 3660.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8869.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 7990.00
  • Gross Multiplier: 7.56
  • Gross Scheduled Income: 95880.00
  • Gross Spendable Income: 30931.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 8869.0000 Square Feet
  • Maintenance Expense: 5753.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 61788.00
  • 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: 29298.00
  • Operating Expense Percent: 31.00
  • Other Expense: 1000.00
  • Other Expense Description: Admin
  • Vacancy Allowance: 4794
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 10225.00

Range of Values:

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Average Value
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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 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: 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: P804541

California Regional Multiple Listing Service (CRMLS)