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$890000   Price Analysis
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13737 Mercer St
Pacoima, CA 91331
5 bed 4 bath 1751 SqFt ($508/SqFt)
4954SqFt lot. Built 1942
Listed 2024-06-04, Taxes $7202
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

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 attractive 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 extraordinary 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 strem for the future owner and help offset expenses associated with the property. It also boasts ample parking space accom modating around 6-8 cars in the property. It is 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!


Presented by Ever Banuelos at
Realty ONE Group United.
Listing Agent Photo

Property MLS #24-399065 from TheMLSCLAW

Bedrooms: 5

Total Bathrooms: 4
Full Bathrooms: 4

Cooktop - Gas
Range Hood
Range
Laundry Facilities: Outside
Laundry Features: Outside

Studio, 2nd Story Family Room
Family Room Description: 1

Counter Top
Quartz Counters
Remodeled
Kitchen Features: Counter Top, Quartz Counters, Remodeled

Cooling Features: Ceiling Fan
Heating Features: Central

Furnished Description: Unfurnished
Flooring: Tile, Wood
Window Features: Double Pane Windows

Water Features: Public

Fencing: Privacy, Wrought Iron

Lot Size Acres: 0.1137282
Lot Size Dimensions: 50x99
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4954

Garage Description: Auto Driveway Gate, Driveway, Driveway Gate, Driveway - Concrete, Gated, Private
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Cross Street: Laurel Canyon Blvd and Mercer St
Directions: Laurel Canyon Blvd and Mercer St. TR#: 6690 Tract No 6690 SE 99 FT of lot 91
Source Property Type: Residential
Area: Pacoima
Source Neighborhood: Pacoima
Parcel Number: 2618-017-003
Postal Code Plus 4: 3645
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$203329 + $388935
$592264
$7202
2021$199343 + $381309
$580652
$7106
2020$163200 + $377400
$540600
$6744
2019$160000 + $370000
$530000
$6480
2018$107736 + $199312
$307048
$11744
2017$105624 + $195404
$301028
$3784
2016$103553 + $191573
$295126
$3694
2015$101998 + $188696
$290694
$3641
2014$100000 + $185000
$285000
$3659
2013$106080 + $94860
$200940
$2559
2012$50971 + $49139
$100110
$1363
2010$49972 + $48176
$98148
$1336
2009$49717 + $47930
$97647
$1291
2009$49599 + $47816
$97415
$1291
2008$48743 + $46991
$95734
$1239
2007$47788 + $46070
$93858
$1193

Price Changed 2024-06-22
$890000
TheMLSCLAW
Listed 2024-06-04
$849000
TheMLSCLAW
Listing removed 2018-10-24
$0
CRISNET
Listed 2018-10-20
$530000
CRISNET
Sold 2018-10-19
$530000
SanDiegoMLS
Listed 2018-08-29
$530000
SanDiegoMLS
Listed 2018-08-29
$530000
CRISNET
Sold 2015-11-17
$285000
CRISNET
Sold 2013-08-01
$285000
Public Record
Price Changed 2013-05-26
$289950
CRISNET
Listed 2013-05-07
$299950
CRISNET
Sold 2013-03-15
$197000
ITECH
Listed 2012-10-27
$197000
ITECH
Listed 2012-10-27
$197000
CRISNET
Sold 1985-09-12
$60000
Public Record

Total Square Feet Living: 1751
Year Built: 1942
Building Exterior Type: Stucco
Common Walls: Detached/No Common Walls
Levels: One Level, Two Level
Living Area Source: Vendor Enhanced
Property Age: 82
Property Condition: Updated/Remodeled
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Structure Type: Detached
House Style: A-Frame
Year Built Source: Vendor Enhanced
Architectural Style: A-Frame

Sewer: In Street, In Street Paid

Other Equipment: Range/Oven, Garbage Disposal, Hood Fan
Security Features: Gated

Telfair Avenue Elementary School is a public elementary school located approximately 0.5 miles away.
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Pacoima Middle School is a public middle school located approximately 0.9 miles away.
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Sylmar Senior High School is a public high school located approximately 3.2 miles away.
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Mary Immaculate Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.