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5 Beds
4 Baths
1,751 sqft

$890,000

13737 Mercer Street, Pacoima (los Angeles), Pacoima ( los Angeles ) CA, 91331

Price per sqft$508.28
Built in1942
Property size1,751 sqft
Property typeResidential

Overview

Sold

Listed Jun 4, 2024

Updated 9 days ago

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 rent

Additional information

MLS® ID
CL24399065

Interior Features

Bedrooms
5
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Also listed on CRMLS

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Listed by Everardo Banuelos Robles, Tyler Keckeisen with Realty ONE Group United
Listing Contact: 323-833-9824 

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