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
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.
Location
State CA
County Los Angeles
Area Pacoima (91331)
Interior
Cooling Other/Remarks
Fireplaces Type Other/Remarks
Laundry Community, 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
