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$1,425,000
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Property Description
Offered at an attractive price of just $150,000 per unit, 10960 Sutter Avenue is a well-located 10-unit apartment building in the high-demand rental market of Pacoima. Built in 1962, the property is comprised of (10) one-bedroom, one-bathroom units totaling approximately +/-5,856 square feet on a +/-8,864 square foot lot. It is subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering long-term stability and strong upside potential.With an estimated +/-60% rental upside, this asset provides an excellent value-add opportunity for investors looking to increase cash flow through unit turnover and operational improvements. The property also features secure gated entry and parking, offering enhanced safety and privacy for tenants. All parking is open surface, and the building is not subject to mandatory soft-story seismic retrofit requirements--reducing future capital improvement obligations.Situated near major retailers such as Costco, Lowe's, and Best Buy, and with easy access to the 118, 5, and 210 Freeways, the property enjoys a central and convenient location that supports ongoing tenant demand.
Full Property Details
Full Property Details for 10960 Sutter Ave
General
- Sold For: $1,425,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: P1-22074
- Added to Site: 255 day(s) ago
Interior
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: PAC - Pacoima
- County: Los Angeles
- Development Name: PAC - Pacoima
- Driving Directions: Located on Sutter Avenue and Van Nuys Boulevard
Utilities
- # Water Meters: 1
- # Gas Meters: 11
- # Electric Meters: 11
Structural Information
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,856
- Year Built: 1962
Lot Features
- Property View: None
- Lot Size (Acres): 0.2035
- Lot Description: No Sprinklers
Financial Considerations
- Price Per Sq. Ft.: $243.34
Listed by Keller Williams Realty, Casey Picard
Sold by American Real Estate Experts, Andy Aguilar
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Schools
Schools serving 10960 Sutter Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Charles Maclay Middle School 12540 Pierce Ave., Los Angeles, CA 91331 | 6-8 | 1 mi |
Sylmar Senior High School 13050 Borden Ave., Los Angeles, CA 91342 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10960 Sutter Ave
Date
Details
Price
Change
Source
7/22/2025
Sold
$1,425,000
-5%
MLS
5/05/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10960 Sutter Avenue, Pacoima, CA 91331 (MLS# P1-22074) is a Multi-Family property that was sold at $1,425,000 on July 22, 2025. Want to learn more about 10960 Sutter Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pacoima? You can browse all Pacoima real estate or contact a Coldwell Banker agent to request more information.

