13737 Mercer Street
Pacoima, CA 91331
- 5 beds
- 4 baths
- 1,751 sqft
- 4,954 sqft lot
- $508 per sqft
- 1942 build
- – on site
Welcome to this wonderful Single Family House located in the City of Pacoima, CA. This property offers a fantastic opportunity for investors or those looking for a multi-family living arrangement. This beautiful property offers THREE units for its future owner: The front house offers 2 FULLY UPDATED bedrooms and 2 FULLY UPDATED bathrooms. The Back House (ADU) offers 2 FULLY UPDATED bedrooms and a FULLY UPDATED bathroom. Attached to the ADU, there is also a Studio with a FULLY UPDATED bathroom and FULLY UPDATED kitchenette. Both units in the back could give you the potential of getting cash flow. It can indeed be a great opportunity. The front house offers a potential rental income of around $3,800; the ADU in the back can get $2,900, and the studio could be rented for $2,100. PROJECTED TOTAL GROSS INCOME IS $8,800 PER MONTH. PROJECTED NOI IS $89,760. DO NOT MISS OUT ON THIS OPPORTUNITY TO PURCHASE THIS INVESTMENT AT A 10.57% CAP RATE! These rental rates can provide a substantial income stream for the future owner and help offset expenses associated with the property. It also boasts ample parking space accommodating around 6-8 cars in the property. It is very conveniently located to access amenities, transportation, and entertainment options. Whether you buy this property for rental income as an investor or for your own home this property it's an incredible opportunity!
Listed By CRMLS_CA / Everardo Banuelos Robles / Realty ONE Group United
Last checked:
Checking…
•
Last updated Jun 27, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 24399065 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:1942
-
New Construction:No
-
Construction Materials:Stucco
-
Common Walls:No Common Walls
-
Stories Total:2
Interior
-
Levels:One, Two
-
Kitchen Features:Remodeled Kitchen
-
Window Features:Double Pane Windows
-
Flooring:Tile, Wood
-
Fireplace:No
-
Fireplace:None
-
Laundry:Outside
-
Laundry:1
Room Dimensions
-
Living Area:1751.00
Location
-
Directions:Laurel Canyon Blvd and Mercer St. TR#: 6690 Tract No 6690 SE 99 FT of lot 91
-
Latitude:34.26133100
-
Longitude:-118.43237000
The Property
-
Property Type:Residential
-
Subtype:Single Family Residence
-
Property Condition:Updated/Remodeled
-
Zoning:LAR1
-
Lot Size Area:4954.0000
-
Lot Size Dimensions:50x99
-
Lot Size Acres:0.1137
-
Lot Size SqFt:4954.00
-
View:None
-
Fencing:Privacy, Wrought Iron
-
Fence:Yes
-
Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Total Bedrooms:5
Baths
-
Total Baths:4
-
Full & Three Quarter Baths:4
-
Full Baths:4
The Listing
-
Buyer's Brokerage Compensation:2.000%
-
Special Listing Conditions:Standard
-
Buyer's Brokerage Compensation:$2
-
Parcel Number:2618017003
-
Showings Begin:2024-06-04
Heating & Cooling
-
Heating:1
-
Heating:Central
Utilities
-
Sewer:Other, Sewer Paid
Appliances
-
Appliances:Disposal, Gas Cooktop, Range Hood, Range
-
Included:Yes
The Community
-
Senior Community:No
-
Pool:None
-
Private Pool:No
-
Spa Features:None
-
Association:No
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Auto Driveway Gate, Driveway, Concrete, Gated, Private
-
Parking Spaces:8.00
-
Uncovered Spaces:8.00
Monthly cost estimate
Asking price
$890,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,765
|
Taxes | N/A |
Insurance | $244 |
Utilities | $171 See report |
Total | $5,180/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/22/24
Jun 22, 2024
|
Price Changed | CRMLS_CA | $890,000 | 4.8% |
6/4/24
Jun 4, 2024
|
Listed / Active | CRMLS_CA | $849,000 | 60.2% (10.7% / YR) |
10/19/18
Oct 19, 2018
|
CRMLS_CA | $530,000 | 86.0% (16.5% / YR) |
53% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $35k above asking price on average, but some went as high as $190k over asking price.