Trimark Realty
12602 Correnti Street primary photo
Active·Land

$3,300,000

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12602 Correnti Street, Pacoima CA 91331

0 beds0 baths0 sqft

Land

Property type

26 days

On market

N/A

Price per sqft

N/A

Garage

N/A

Year built

9,001 sqft

Lot size

Open Houses

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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 7, 2026 at 08:05pm

Source: CRMLS #26832921

Exterior

  • View: None

    Garage and Parking

    • Parking Total: 0

      Lot Information

      • Land Lease: No

      • Parcel #: UNAVAILABLE

      • Zoning: [Q]C2-1VL-CUGU

      Community

      • HOA: No

      • Senior Community: No

      Nearby Schools

      Nearby schools around the 12602 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

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      PMI is disabled automatically when your down payment is 20% or more.

      Est. Payment

      $20,274

      per month

      Principal
      $2,387
      Interest
      $14,300
      Property Tax
      $3,438
      Home Insurance
      $150
      PMI
      $0
      HOA
      $0

      Property History for 12602 Correnti Street

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      Pacoima Market Snapshot

      Market stats compare this property with recent MLS activity for similar property types in 91331.

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