UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 8,340 sqft
Price per Sqft $335
MLS Listing ID SR24237671
Bedrooms 18
Full Baths 10
Three Quarter Bath 1
HOA Y/N No
Year Built 1953
Lot Size 0.315 Acres
Property Sub-Type Condominium
Property Description
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
Area Pac - Pacoima
Rooms
Main Level Bedrooms 9
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry Common Area, See Remarks
Exterior
Pool None
Community Features Street Lights, Sidewalks
View Y/N Yes
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Multi Family
Story 2
Entry Level Two
Sewer Public Sewer
Water Public, See Remarks
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2533001019
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Private Financing Available
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Private Financing Available
Special Listing Condition Standard
