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Lot/land
  • Price cut: $125K (3/4)
    $3,325,000

    10028 San Fernando Rd #34, Pacoima, CA 91331

    --beds
    --baths
    9,003.85Square Feet
    Unimproved Land
    Built in ----
    9,003.85 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Huge 900k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing Current Cap Rate of 7.75% from day 1. Attractive 2.6M assumable loan (Need only ~20% Down) at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 14.9% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 14.6% Cap Rate, 5.5 GRM, and only 148k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.
    40 days
    |
    43
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 07:56am

    Listed by:

    Armin Soleimani DRE # 01846872 310-666-2246,

    Global Platinum Properties, Inc. 424-394-1030,

    Julio Ruiz DRE # 01911261 818-524-0706,

    Global Platinum Properties, Inc.

    Source: CLAW,MLS#: 26648053MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: None
      Lot
      • Size: 9,003.85 Square Feet
      • Features: Corner Lot
      Details
      • Zoning: LAC2
      • Special conditions: Standard

      Community & HOA

      Location
      • Region: Pacoima

      Financial & listing details

      • Date on market: 2/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/4/2026Price change$3,325,000-3.6%
        Source: CLAW #26648053 Report a problem
        2/5/2026Listed for sale$3,450,000
        Source: CLAW #26648053 Report a problem
        2/3/2026Listing removed$3,450,000
        Source: CLAW #25625417 Report a problem
        1/8/2026Price change$3,450,000-2.8%
        Source: CLAW #25625417 Report a problem
        12/4/2025Listed for sale$3,550,000
        Source: CLAW #25625417 Report a problem
        12/2/2025Listing removed$3,550,000
        Source: CLAW #25597775 Report a problem
        10/27/2025Price change$3,550,000-4.1%
        Source: CLAW #25597775 Report a problem
        9/26/2025Listed for sale$3,700,000
        Source: CLAW #25597775 Report a problem
        9/26/2025Listing removed$3,700,000
        Source: CLAW #25568133 Report a problem
        8/22/2025Price change$3,700,000-6.3%
        Source: CLAW #25568133 Report a problem
        7/21/2025Listed for sale$3,950,000
        Source: CLAW #25568133 Report a problem
        7/11/2025Listing removed$3,950,000
        Source: CLAW #25526151 Report a problem
        5/21/2025Price change$3,950,000-5.8%
        Source: CLAW #25526151 Report a problem
        4/16/2025Listed for sale$4,195,000
        Source: CLAW #25526151 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

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        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: Pacoima

        Getting around

        52 / 100
        Somewhat Walkable
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 91331

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