$3,300,000
12600 Correnti Street, Pacoima CA 91331
Multi-Family (14 Units)
Property type
28 days
On market
$619
Price per sqft
N/A
Garage
N/A
Year built
9,001 sqft
Lot size
Open Houses
Overview
14 Existing Renovated units + plans for 20 New market-rate units cash flowing at an amazing Current Cap Rate of 7.5% from day 1! Attractive 2.5M assumable loan (requiring only ~25% down) at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 12.2% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 13.9% Cap...
Listing provided by: Kelly Morgan DRE #01898026 310-836-3638, Houze Real Estate Management
Listing updated: May 16, 2026 at 07:18am.
Last checked: Jun 5, 2026 at 12:00pm
Source: CRMLS #26831629
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $911 | $911 | $2,289 | Unfurnished |
| 13 | 1 | 1 | — | $2,069 | $26,902 | $2,289 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Financial Snapshot
Gross Rent Multiplier
9.9x
List Price / Annual Gross Rent
Cap Rate
7.5%
NOI / List Price
Net Operating Income: $247,535
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Gated, Uncovered
Parking Total: 14
Lot Information
Land Lease: No
Parcel #: UNAVAILABLE
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 12600 Correnti Street, Pacoima, CA 91331. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,640,000
Total Interest
$3,367,174
Total Payment
$6,007,174
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,274
per month
Property History for 12600 Correnti Street
Pacoima Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91331.
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