Pacoima, CA 91331,13737 Mercer St
Pacoima, CA 91331,13737 Mercer St
Pacoima, CA 91331,13737 Mercer St
43
$890,000
$890,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5 BD
4 BA
1,751 SqFt

13737 Mercer St Pacoima, CA 91331

Est. payment /mo
SOLD DATE : 07/31/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

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 24-399065

Style A-Frame

Bedrooms 5

Full Baths 4

Year Built 1942

Lot Size 4,954 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 Pacoima

Zoning LAR1

Rooms

Family Room 1

Other Rooms None

Dining Room 0

Kitchen Counter Top, Quartz Counters, Remodeled

Interior

Heating Central

Cooling Ceiling Fan

Flooring Tile, Wood

Fireplaces Type None

Equipment Range/Oven, Garbage Disposal, Hood Fan

Laundry Outside

Exterior

Parking Features Auto Driveway Gate, Driveway, Driveway Gate, Driveway - Concrete, Gated, Private

Garage Spaces 8.0

Fence Privacy, Wrought Iron

Pool None

View Y/N No

View None

Roof Type Asphalt

Building

Story 2

Sewer In Street, In Street Paid

Water Public

Structure Type Stucco

Others

Special Listing Condition Standard

Read Less


TheMLS (CLAW)
Listed by Realty ONE Group United
Bought with RBS Realty

GET MORE INFORMATION

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Mortgage Calculator

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.