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10615-10619 San Fernando Rd
4 Unit Apartment Building $1,925,000 ($481,250/Unit) 6.76% Cap Rate Pacoima, CA 91331
Executive Summary
4 Residential Units:
1 spacious 2-bed, 1-bath unit with a private patio and in-unit laundry.
1 comfortable 1-bed, 1-bath unit.
2 standalone studio units (400 sqft each), perfectly suited to the area’s high rental demand.
Commercial Space:
A 2,300 sqft retail/warehouse area, ideal for owner-users or continued lease opportunities.
Additional Business Revenue Stream:
The propane gas business tenant contributes steady, dependable income to the property’s bottom line—your portfolio.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $171,696 | $36.28 |
Other Income | - | - |
Vacancy Loss | $8,585 | $1.81 |
Effective Gross Income | $163,111 | $34.46 |
Taxes | $9,433 | $1.99 |
Operating Expenses | $32,933 | $6.96 |
Total Expenses | $42,366 | $8.95 |
Net Operating Income | $120,745 | $25.51 |
Financial Summary (Actual - 2024)
Gross Rental Income | |
---|---|
Annual | $171,696 |
Annual Per SF | $36.28 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | $8,585 |
Annual Per SF | $1.81 |
Effective Gross Income | |
---|---|
Annual | $163,111 |
Annual Per SF | $34.46 |
Taxes | |
---|---|
Annual | $9,433 |
Annual Per SF | $1.99 |
Operating Expenses | |
---|---|
Annual | $32,933 |
Annual Per SF | $6.96 |
Total Expenses | |
---|---|
Annual | $42,366 |
Annual Per SF | $8.95 |
Net Operating Income | |
---|---|
Annual | $120,745 |
Annual Per SF | $25.51 |
Property Facts
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Kitchen
- Double Pane Windows
Site Amenities
- 24 Hour Access
- Fenced Lot
- Gated
About 10615-10619 San Fernando Rd , Pacoima, CA 91331
Discover a prime investment opportunity with this versatile mixed-use property located at a highly visible intersection in the bustling San Fernando Valley. This property spans 4,733 sqft of total building space on a generous 8,997 sqft lot, blending commercial and residential uses to maximize income potential. Anchored by a 2,300 sqft retail/warehouse space, the property currently houses a hydroponics supply business., offering the flexibility to stay on-site or vacate if required. Adjacent to the commercial space is a detached two-story residential building featuring four units: a spacious 2-bed, 1-bath unit with a patio and in-unit laundry, a 1-bed, 1-bath unit, and two standalone studio units (400 sqft each) that cater to the local rental market's strong demand. Strategically positioned to attract both residential and commercial tenants, this property offers a rare combination of high visibility, ample parking for 10-12 vehicles, and an Approximately 7% CAP rate with significant upside potential. Its location provides excellent foot and vehicle traffic, ensuring steady exposure for businesses and convenience for residents. The property is also equipped with an additional storage unit, offering a supplementary income stream. The current configuration delivers immediate cash flow, while a proforma CAP rate of 7.1% (with a 4% rent increase) enhances its long-term growth potential. This is a unique opportunity to own a high-performing, income-generating asset in one of Los Angeles County's most vibrant neighborhoods. Whether you're an investor seeking stable returns or a buyer looking for a strategic mixed-use space, this property is a smart addition to your portfolio.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 1 | $2,238 | 907 |
1+1 | 1 | $1,800 | 726 - 1,800 |
Studios | 2 | $1,210 | 400 |
PROPERTY TAXES
Parcel Number | 2620-029-001 | Total Assessment | $775,167 |
Land Assessment | $624,944 | Annual Taxes | $9,433 ($1.99/SF) |
Improvements Assessment | $150,223 | Tax Year | 2024 |
PROPERTY TAXES
zoning
Zoning Code | CM (LACM) |
CM (LACM) |
Presented by
10615-10619 San Fernando Rd
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