Pacoima, CA 91331,13737 Mercer ST
Pacoima, CA 91331,13737 Mercer ST
Pacoima, CA 91331,13737 Mercer ST
Pacoima, CA 91331,13737 Mercer ST
Pacoima, CA 91331,13737 Mercer ST
Pacoima, CA 91331,13737 Mercer ST
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$890,000

$890,000

Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

1,751 SqFt


SOLD DATE : 07/31/2024

Key Details

Sold Price $890,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,751 sqft

Price per Sqft $508

MLS Listing ID 24399065

Sold Date 07/31/24

Bedrooms 5

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1942

Lot Size 4,952 Sqft

Property Description

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 rental income as an investor or for your own home this property it's an incredible opportunity!

Location

State CA

County Los Angeles

Area Pac - Pacoima

Zoning LAR1

Interior

Heating Central

Flooring Tile, Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Gas Cooktop, Disposal, Range, Range Hood

Laundry Outside

Exterior

Parking Features Concrete, Driveway, Electric Gate, Gated, Private

Fence Privacy, Wrought Iron

Pool None

Community Features Gated

View Y/N No

View None

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level One,Two

Sewer Other, Sewer Tap Paid

Level or Stories One, Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 2618017003

Security Features Gated Community

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Everardo Banuelos Robles • Realty ONE Group United
Bought with Luz Diaz • RBS Realty
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+1(949) 413-4554

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4040 Barranca Pkwy, Irvine, CA, 92604

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