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Kevin O'keefe

kevin.okeefe@lptrealty.com +1(858) 260-9001

$ 2,150,000

Est. payment | -/mo

18 Beds

11 Baths

8,340 SqFt

Save

$ 2,150,000

Est. payment | -/mo

Save

18 Beds

11 Baths

8,340 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 8,340 sqft

Price per Sqft $257

MLS Listing ID SR24237671

Bedrooms 18

Full Baths 11

Year Built 1953

Lot Size 0.315 Acres

Property Sub-Type Condominium

Property Description

* 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 $17,950, 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

Direction 118 E, exit Glenoaks Blvd, right on Paxton St

Interior

Cooling Other/Remarks

Fireplaces Type Other/Remarks

Fireplace No

Exterior

View Y/N Yes

Water Access Desc Other/Remarks,Public

View Other/Remarks

Building

Story 2

Sewer Public Sewer

Water Other/Remarks, Public

Level or Stories 2

Others

Senior Community No

Tax ID 2533001019

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry, Cash To Existing Loan, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Seller May Carry, Cash To Existing Loan, Cash To New Loan

Special Listing Condition Standard

Listed by Andrew Aguilar, DRE#01909871 American Real Estate Experts

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA, 92131-1140, USA

Learn More About LPT Realty

13226 Paxton Street Pacoima, CA 91331