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$2,800,000
Est. payment /mo
8,340 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 8,340 sqft
Price per Sqft $335
MLS Listing ID CRSR24103022
HOA Y/N No
Year Built 1953
Lot Size 0.315 Acres
Acres 0.32
Property Sub-Type Comm Ind For Sale
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.
Location
State CA
County Los Angeles
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2533001019
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Listed by Andy Aguilar • American Real Estate Experts