13737 Mercer Street, Pacoima, CA 91331
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Listed Price :
$890,000
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Beds :
5
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Baths :
4
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Property Size :
1,751 sqft
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Year Built :
1942
Property Description
Welcome to this wonderful Single Family House located in the City of Pacoima, CA. This property offers a fantastic opportunity for investors or those looking for a multi-family living arrangement. This beautiful property offers THREE units for its future owner: The front house offers 2 FULLY UPDATED bedrooms and 2 FULLY UPDATED bathrooms. The Back House (ADU) offers 2 FULLY UPDATED bedrooms and a FULLY UPDATED bathroom. Attached to the ADU, there is also a Studio with a FULLY UPDATED bathroom and FULLY UPDATED kitchenette. Both units in the back could give you the potential of getting cash flow. It can indeed be a great opportunity. The front house offers a potential rental income of around $3,800; the ADU in the back can get $2,900, and the studio could be rented for $2,100. PROJECTED TOTAL GROSS INCOME IS $8,800 PER MONTH. PROJECTED NOI IS $89,760. DO NOT MISS OUT ON THIS OPPORTUNITY TO PURCHASE THIS INVESTMENT AT A 10.57% CAP RATE! These rental rates can provide a substantial income stream for the future owner and help offset expenses associated with the property. It also boasts ample parking space accommodating around 6-8 cars in the property. It is very conveniently located to access amenities, transportation, and entertainment options. Whether you buy this property for rental income as an investor or for your own home this property it's an incredible opportunity!
Interior Features
Kitchen Information |
Features |
Remodeled Kitchen |
Bedroom Information |
Bedrooms |
5 |
Bathroom Information |
Bathrooms |
4 |
Flooring Information |
Material |
Tile, Wood |
Listing Information
Address |
13737 Mercer Street |
City |
Pacoima |
State |
CA |
Zip |
91331 |
County |
Los Angeles |
Listing Agent |
Everardo Banuelos Robles DRE #01945384 |
Co-Listing Agent |
Tyler Keckeisen DRE #02006412 |
Courtesy Of |
Realty ONE Group United |
List Price |
$890,000 |
Status |
Active |
Type |
Residential |
Subtype |
Single Family Residence |
Structure Size |
1,751 |
Lot Size |
4,954 |
Year Built |
1942 |
Listing information courtesy of: Everardo Banuelos Robles, Tyler Keckeisen, Realty ONE Group United. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 27th, 2024 at 4:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.