12600 Correnti St, Pacoima, CA, 91331
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Property Details
1
14
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 1 • Bathrooms: 14 • Square Feet: 5334 • Lot/Size: 9,001 sqft lot
Description: * Property Features * - 14 Renovated units cash flowing at amazing 7.5% Cap Rate & 9.8 GRM from Day 1. * Assumable Loan * - Attractive assumable $2.5M loan at 3.9% interest rate through 9/1/2027. * Covered Land Play * - Potential to add 20 additional units consisting of: 7 by right and 13 ADUs. * Financial Metrics * - Demand-driven unit mix consisting primarily of 1+1 units.
Location
Address
12600 Correnti St, Pacoima, CA, 91331
City
Pacoima
Features and Finishes
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