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.
Multi-familyProperty Type
1962Year Built
8,864 sq ftLot Size
$243Price/Sq.Ft.
10 spacesParking
Listed by Casey Picard•DRE #01921866• Keller Williams Realty
Bought with Andrew Aguilar•DRE #01909871• American Real Estate Experts
REO-Bank Foreclosure Property, Turn key condition with tile floors, counters and showers. Property has securitized entry and parking in an excellent rental location.
Public Records
Dec 29, 2011
Sold
$740,000
$126/sq ft
CRMLS #F1835090
Feb 2, 2011
Listing Removed
—
Apr 13, 2010
Price Changed
$800,000
$137/sq ft
Mar 23, 2010
Price Changed
$949,000
$162/sq ft
Feb 26, 2010
Listed
$999,000
$171/sq ft
Public Records
Jun 29, 2010
Sold
$131,500
$22/sq ft
Public Records
Mar 31, 2003
Sold
$521,000
$89/sq ft
Public Records
Jun 23, 1999
Sold
$350,000
$60/sq ft
Public Records
Apr 1, 1998
Sold
$175,000
$30/sq ft
Public Records
Apr 8, 1983
Sold
$195,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,381 (+1.6%)
$855,000 + $570,000
$1,425,000
2024
$12,186 (+1.8%)
$552,658 + $376,811
$929,469
2023
$11,969 (+4.5%)
$541,822 + $369,423
$911,245
2022
$11,452 (+1.4%)
$531,199 + $362,180
$893,379
2021
$11,291 (−0.9%)
$520,784 + $355,079
$875,863
2020
$11,392 (+3.8%)
$510,573 + $348,117
$858,690
2019
$10,978 (+1.5%)
$505,338 + $344,548
$849,886
2018
$10,817 (+2.5%)
$495,430 + $337,793
$833,223
2017
$10,553 (+2.8%)
$476,193 + $324,677
$800,870
2016
$10,269 (+1.4%)
$476,193 + $324,677
$800,870
2015
$10,129 (−0.9%)
$466,856 + $318,311
$785,167
2014
$10,225 (−1.3%)
$450,837 + $307,389
$758,226
2012
$10,357 (−2.1%)
$448,800 + $306,000
$754,800
2011
$10,577 (+26.7%)
$440,000 + $300,000
$740,000
2010
$8,349 (+3.6%)
$453,388 + $313,341
$766,729
2009
$8,061 (+4.1%)
$281,514 + $302,944
$584,458
2008
$7,746
$282,183 + $303,664
$585,847
Tax history for 10960 Sutter Ave
Year
Property tax
Land + Additions
Assessment*
2025
$12,381 (+1.6%)
$855,000 + $570,000
$1,425,000
2024
$12,186 (+1.8%)
$552,658 + $376,811
$929,469
2023
$11,969 (+4.5%)
$541,822 + $369,423
$911,245
2022
$11,452 (+1.4%)
$531,199 + $362,180
$893,379
2021
$11,291 (−0.9%)
$520,784 + $355,079
$875,863
2020
$11,392 (+3.8%)
$510,573 + $348,117
$858,690
2019
$10,978 (+1.5%)
$505,338 + $344,548
$849,886
2018
$10,817 (+2.5%)
$495,430 + $337,793
$833,223
2017
$10,553 (+2.8%)
$476,193 + $324,677
$800,870
2016
$10,269 (+1.4%)
$476,193 + $324,677
$800,870
2015
$10,129 (−0.9%)
$466,856 + $318,311
$785,167
2014
$10,225 (−1.3%)
$450,837 + $307,389
$758,226
2012
$10,357 (−2.1%)
$448,800 + $306,000
$754,800
2011
$10,577 (+26.7%)
$440,000 + $300,000
$740,000
2010
$8,349 (+3.6%)
$453,388 + $313,341
$766,729
2009
$8,061 (+4.1%)
$281,514 + $302,944
$584,458
2008
$7,746
$282,183 + $303,664
$585,847
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
10
Baths
10
Stories
—
Lot width
—
Lot depth
—
Lot size
8,864 Sq. Ft.
Year renovated
1962
Sq. Ft.
5,856
Year built
1962
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2535009019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Sep 28, 2011 • Final
Hvac
Replace a wall heater in a residential building.
HVAC
Jan 27, 2011 • Final
Bldg-alter/repair
Replace damaged stair treads.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Has Parking
# of Parking Spaces: 10
Interior
Laundry Information
Has Laundry
Area
Kitchen Information
Appliances: None
Cooling Information
Has Cooling
Heating Information
Has Heating
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11800108
Listing Key Numeric: 374362306
Actual Rent: $1,093
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $10,934
Expenses
Fuel Expense: $4,306
Trash: $6,087
Total: $68,835
Pest Control: $900
Maintenance: $6,000
Insurance: $10,000
Water Sewer: $16,176
Electric: $1,154
New Taxes: $19,244
Gardener: $900
Multi-Unit Information
Net Operating Income: $63,251
Total Building Area: 5,856
Gross Scheduled Income: $131,208
Gross Multiplier: 11.43
Gross Income: $134,710
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 11
# Of Separate Electric Meters: 11
# Of Buildings: 1
Exterior
Exterior Information
Fencing: Wrought Iron
Has Fence
Exterior Features
Pool Features: None
Lot Information
Lot Features: Sprinklers None
Property Information
Total # of Units: 10
Common Walls: No Common Walls
Parcel Number: 2535009019
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $68,835
Rent Control
Location
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 34.26947100
Longitude: -118.42386800
Other Subdivision Name: Not Applicable
Directions: Located on Sutter Avenue and Van Nuys Boulevard
Subdivision Name: Not Applicable
Public facts
Beds: 10
Baths: 10.0
Sq. Ft.: 5,856
Stories: —
Lot Size: 8,864 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 1962
County: Los Angeles County
APN: 2535009019
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 69
Continuous Days Active in MLS: 69
Listing Agent Information
List Agent First Name: Casey
List Agent Last Name: Picard
Listing Office Information
List Office Name: Keller Williams Realty
Selling Agent Information
Buyer Agent First Name: Andy
Buyer Agent Last Name: Aguilar
Selling Office Information
Buyer Office Name: American Real Estate Experts
Around this home
Schools
Pacoima Charter Elementary School
Charter K-6 • Assigned • 0.5mi
5/10
Charles Maclay Middle School
Public 6-8 • Assigned • 1.0mi
4/10
San Fernando Senior High School
Public 9-12 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
LA real estate remains resilient, with long-term demand, limited desirable inventory, and strong neighborhood-by-neighborhood opportunities. For savvy buyers and sellers, the current market creates opportunities to negotiate strategically and build...
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...