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Listed by Andy Aguilar • American Real Estate Experts
$2,800,000
Est. payment /mo
18 Beds
11 Baths
8,340 SqFt
UPDATED:
11/22/2024 01:27 AM
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 8,340 sqft
Price per Sqft $335
MLS Listing ID CRSR24237671
Bedrooms 18
Full Baths 10
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1953
Lot Size 0.315 Acres
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
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry Community Facility, See Remarks
Exterior
Pool None
View Other
Private Pool false
Building
Lot Description Street Light(s)
Story 2
Water Public
Schools
School District Los Angeles Unified
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