tomo logo

$890,000

Beds
5
Baths
4.0
sq ft
1,751

13737 Mercer St, Pacoima, CA 91331

13737 Mercer St

Pacoima, CA 91331

  • 29 days on market
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!

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

4,954 sq ft

Price per sq ft

$509

Year built

1942

HOA

No

Price History

06/22/2024
CLAW

CLAW #24399065

Price change
$890,000
+4.83%
06/04/2024
CLAW

CLAW #24399065

Listed
$849,000

Schools & Community

Neighborhood: 

Pacoima

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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Status: Active

Tomo last checked: 07/03/2024 at 10:15 AM

Listing updated: 06/27/2024 at 4:53 PM

Listed by: Everardo Banuelos Robles, Realty ONE Group United Phone #: (310) 948-0404

MLS: CLAW #24399065

CLAW logo

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