12600 Correnti Street, Pacoima, CA 91331
List Price: $3.3M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 14 Bathrooms · 5,334 sq ft
Property Type: ResidentialIncome
Lot Size: 9,001 sq ft
MLS Number: 26831629
About This Property
*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.
Listing provided by: Kelly Morgan DRE #01898026 323-852-1372 Kelly@KellyMorganCommercial.com, Houze Real Estate Management
Source: CRMLS, MLS #: 26831629
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.