13226 Paxton Street, Pacoima, CA 91331

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Glen Henderson

[email protected] +1(619) 889-7646

$2,800,000

Est. payment - /mo

18 Beds

11 Baths

8,340 SqFt

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UPDATED:

11/22/2024 03:48 PM

Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 8,340 sqft

Price per Sqft $335

MLS Listing ID SR24237671

Style All Other Attached

Bedrooms 18

Full Baths 11

HOA Y/N No

Year Built 1953

Lot Size 0.315 Acres

Acres 0.3153

Type of Financing Cash,Conventional,Exchange,Seller May Carry,Cash To Existing Loan,Cash To New Loan

Property Description

MOTIVATED SELLER * SELLER FINANCING AVAILABLE * 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.
MOTIVATED SELLER * SELLER FINANCING AVAILABLE * 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

Area Pacoima (91331)

Interior

Cooling Other/Remarks

Fireplaces Type Other/Remarks

Laundry Community, Other/Remarks

Air Conditioning Other/Remarks

Exterior

View Other/Remarks

Building

Lot Description Sidewalks

Story 2

Sewer Public Sewer

Water Other/Remarks, Public

Level or Stories 2 Story

Others

Monthly Total Fees $135

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry, Cash To Existing Loan, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Seller May Carry, Cash To Existing Loan, Cash To New Loan

Special Listing Condition Standard

CFD/Mello-Roos Fee $1, 623

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Listed by Rules Manager • American Real Estate Experts

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

13226 Paxton Street Pacoima, CA 91331

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information