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$3,150,000
13 Beds 14 Baths 26866525 MLS Active Status
PRICE REDUCTION! 14 Existing Renovated units + plans for 20 new market-rate units cash flowing at an amazing Current Cap Rate of 8% from day 1! Attractive 2.5M assumable loan (requiring only ~17% down) at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 15.7% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 14.3% Cap Rate, 5.6 GRM, and only 141k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The project is anticipated to deliver over $2.7MM in net profit after all construction and resale costs, yielding an exceptional 125.9% return on levered equity. The plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units by right in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.

12600 Correnti Street, Pacoima

$450,000
3 Beds 2 Baths SR26166042 MLS Active Status
Homeownership is within reach, and it looks this good! Welcome to a bright, beautifully updated, move-in-ready retreat offering just under 1,000 thoughtfully designed square feet in a bustling Pacoima community. The airy interior offers two traditional bedrooms, two bathrooms and a spacious second-floor loft that provides the functionality and feel of a third bedroom. Complete with a full closet, window and high ceilings, this versatile space can easily serve as an additional bedroom, home office, workout area or creative studio. Add soaring ceilings, smooth finishes, updated flooring and light, light and more light, the possibilities abound! Everyday comfort comes effortlessly with a newer kitchen, updated bathrooms, newer HVAC, laundry, generous storage, garage parking and a newly refreshed private balcony. Tucked within the complex near the pool and away from the main street, the residence combines a more private setting with quick, convenient access to the entrance. The gated community features a controlled, staffed entry with one designated entrance and exit, beautifully maintained surroundings and professional management. Pacoima is celebrated for its vibrant multicultural character, colorful murals, local dining and deep San Fernando Valley roots. With nearby shopping, recreation, services and major transportation routes, this centralized location keeps destinations throughout Los Angeles comfortably within reach. Clean, comfortable and turnkey, this is an exciting opportunity to turn homeownership from a someday dream into today’s reality!

11150 Glenoaks Unit 294, Pacoima

$649,900
3 Beds 1 Baths SR26161300 MLS Coming Soon Status
Opportunity is knocking with this Corner Lot, and two seperate gates for separated parking, with a 3 detached garage not yet converted. Thoughtfully upgraded residence offering 3 bedrooms, 1 bathroom, and approximately 1,456 square feet of comfortable living space. Step inside to discover a home filled with character and opportunity, where recent improvements provide peace of mind for years to come, including a newer roof, newer plumbing, and a new water heater. The inviting layout offers a warm atmosphere with plenty of room for everyday living, relaxation, and entertaining. The spacious living areas create a welcoming setting for gatherings, while the well-designed floor plan provides comfort and functionality throughout. A standout feature is the impressive detached 3-car garage, offering exceptional parking, storage, and flexibility for a variety of needs. Beyond the garage, discover a bonus workshop area ideal for hobbies, projects, a home office, or creative pursuits, along with an additional bonus half bathroom that adds valuable convenience. The property provides a rare combination of updated essentials, generous spaces and a large fully gated lot with plenty of parking, and endless possibilities, making it a wonderful opportunity for those looking for a home with both charm and potential.

9934 Laurel Canyon Boulevard, Pacoima

$799,000
4 Beds 3 Baths SR26160092 MLS Coming Soon Status
Welcome to this spacious single-story home tucked away on a quiet cul-de-sac, offering approximately 2,100 square feet, making it the largest floor plan among comparable homes in the immediate area with the added benefit of no HOA. Step inside to discover vaulted open-beam ceilings that create a bright and inviting atmosphere, while the open kitchen features white shaker cabinetry, granite countertops, and convenient in-kitchen laundry. The flexible layout includes three well-sized bedrooms, including one with double closets and an ensuite bathroom, while two bedrooms showcase vaulted ceilings that add architectural character and a greater sense of space. A spacious den with a brick fireplace and smooth ceilings is currently used as a fourth bedroom but offers endless possibilities as a family room, office, or media space. A separate living area with its own private entrance includes a bedroom, bathroom, kitchenette, and living space, providing an ideal setup for guests, extended family, a home office, or additional living accommodations (buyer to independently verify permitted use). Outside, the low-maintenance backyard with a concrete patio creates a comfortable setting for outdoor gatherings and everyday enjoyment. Conveniently located minutes from the 210 and 118 freeways, with a Walk Score of 85, this home offers easy access to shopping, dining, parks, and everyday conveniences while providing the comfort, space, and versatility to fit a variety of lifestyles.

11863 Phillippi Avenue, Pacoima

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.