Back 10960 Sutter Avenue
Off Market

10960 Sutter Avenue

Los Angeles CA 91331

1
1
0.2 ac.
Multi-Family
Last sold for $1,425,000
Casey PicardCasey Picard, last sold this property on 22 July 2025 after 21 days on market.

Overview

Offered at an attractive price of just $150,000 per unit, 10960 Sutter Avenue is a well-located 10-unit apartment building in the high-demand rental market of Pacoima. Built in 1962, the property is comprised of (10) one-bedroom, one-bathroom units totaling approximately +/-5,856 square feet on a +/-8,864 square foot lot. It is subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering long-term stability and strong upside potential.With an estimated +/-60% rental upside, this asset provides an excellent value-add opportunity for investors looking to increase cash flow through unit turnover and operational improvements. The property also features secure gated entry and parking, offering enhanced safety and privacy for tenants. All parking is open surface, and the building is not subject to mandatory soft-story seismic retrofit requirements--reducing future capital improvement obligations.Situated near major retailers such as Costco, Lowe's, and Best Buy, and with easy access to the 118, 5, and 210 Freeways, the property enjoys a central and convenient location that supports ongoing tenant demand.

Features

1 bedroom
1 bathroom
0.2 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 1 bedroom multi families sold in Los Angeles over the last 12 months.

Property history for 10960 Sutter Avenue

2025
Sold
$1,425,000
22 Jul 2025 by Casey Picard, of Keller Williams Realty

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Local market activity for 1 bedroom multi families in Los Angeles

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