Listing provided courtesy of Andy Aguilar of American Real Estate Experts. Last updated 2024-11-06 09:37:06.000000. Listing information © 2024 Sandicor.
Asking Price: $2,800,000
13226 Paxton, Pacoima CA 91331
Community: PAC - Pacoima
This Multi Family property was built in 1953 and is priced at $2,800,000. Please see the additional details below.
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.