12602 Correnti Street Pacoima, CA 91331

Listing agency Houze Real Estate Management K***@kellymorgancommercial.com Show Phone

Listed by Kelly Morgan · License #01898026 Show Phone

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Added: May 8 Updated: Jul 22 at 8:48AM Checked: Jul 22 at 8:48AM

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Investment Insights

Based on property information with market context.

This offering includes 14 existing renovated units and a planned expansion to add 20 new market-rate units. The seller notes the existing homes have undergone multiple capital improvements, including an updated roof, electrical, plumbing, windows, interiors, and exteriors.

The preliminary plans call for a total of 20 new units configured as 8 detached ADUs in the back, 5 attached ADUs in the front, and 7 additional units by right in the front. The property is located at 12602 Correnti Street in Pacoima, CA 91331.

The transaction is presented as for sale, and the remarks describe projected performance metrics and an assumable loan scenario. Interested parties should review the offering materials for the stated financing terms, construction assumptions, and projected returns.

Key Highlights

• 14 renovated units in place, with plans for 20 additional market‑rate units.
• Capital improvements to the existing 14 units include updated roof, electrical, plumbing, windows, interiors, and exteriors.
• Proposed new units mix: 8 detached ADUs in the back plus 5 attached ADUs in the front, with 7 additional front units by right.

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FAQs

What type of property is this?

Apartment building - 14 renovated units are in place with plans for 20 additional market-rate units including detached and attached ADUs.

Where is this apartment building located?

The property is located at 12602 Correnti Street Pacoima, CA.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: 14 renovated units in place, with plans for 20 additional market‑rate units.; Capital improvements to the existing 14 units include updated roof, electrical, plumbing, windows, interiors, and exteriors.; Proposed new units mix: 8 detached ADUs in the back plus 5 attached ADUs in the front, with 7 additional front units by right.