REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by American Real Estate Experts
$ 2,300,000
Est. payment | /mo
8,340 SqFt
$ 2,300,000
Est. payment | /mo
8,340 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,340 sqft
Price per Sqft $275
MLS Listing ID CRSR24129990
HOA Y/N No
Year Built 1953
Lot Size 0.315 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
* Copper Piping Throughout * Sewer only 3 years old. INVESTMENT OPPORTUNITY. This 10-unit apartment building located at 13226 Paxton Street in Pacoima presents a compelling investment opportunity. Boasting a monthly rental income of $15,157.05, with each unit individually metered for gas and electric, this property promises stable returns for savvy investors. With a 100% occupancy rate, this building offers immediate cash flow and a solid foundation for long-term growth. The steady rental income provides a reliable source of passive income, making it an attractive option for investors seeking to diversify their portfolio or expand their real estate holdings. Additionally, the separately metered utilities offer potential for cost savings and increased profitability, as tenants are responsible for their own gas and electric bills. All information to be verified by buyer and buyer's broker. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area