24-Unit Apartment
For Sale
Contact for pricing
12661 Pierce St, Los Angeles, CA 91331
Two-story multifamily property with uniform two-bedroom layouts near schools, retail, employment centers, and regional freeway connections.
Property Size20,424 SF
Lot Size0.64 Acres
Price / SF$230.12
Days on Market141
Property Features for 12661 Pierce St
General Information
Standard status
Active
Size
20,424 SF
Net Rentable
20,424 SF
Class
C
Lot size
0.64 Acres
Property subtype
Multifamily
Zoning
LAR3
Investment Type
Value Add
Net Operating Income
$234,794
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
24 x 2BR/1BA
Multifamily Units
24
Building Details
Year Built
1984
Buildings
1
Stories
2
Units
24
Listing Agency:
Centennial Advisers
(714) 231-2537
Listed By:
Edan Shalom · License #CA BR02033047
Source:
Crexi
Added: Apr 14
Changed: Aug 30
Last Checked: Aug 30 at 3:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Centennial Advisers
Investment Insights
Based on property information with market context.
Located at 12661 Pierce Street in Pacoima, this two-story apartment property contains 24 units with an all-two-bedroom, one-bathroom configuration. The building provides approximately 20,424 SF of rentable area on a 28,019 SF corner lot at Pierce Street and Glenoaks Boulevard. The property is not subject to RSO and requires renovations.
The location offers access to the 5, 118, and 210 Freeways, connecting with employment areas in the San Fernando Valley, Sylmar, Sun Valley, Burbank, and Santa Clarita. Whiteman Airport, I-5 distribution and warehouse facilities, and media and production operations in Pacoima and Sun Valley are also identified in the surrounding area. Retail and service businesses along Glenoaks Boulevard and San Fernando Road include Costco, Lowe’s, Best Buy, Food 4 Less, and Planet Fitness.
Charles Maclay Middle School, San Fernando High School, Vaughn Next Century Learning Center, and Glendale Community College Hangar Aviation School are located across from or near the property. The asset is zoned LAR3.
The location offers access to the 5, 118, and 210 Freeways, connecting with employment areas in the San Fernando Valley, Sylmar, Sun Valley, Burbank, and Santa Clarita. Whiteman Airport, I-5 distribution and warehouse facilities, and media and production operations in Pacoima and Sun Valley are also identified in the surrounding area. Retail and service businesses along Glenoaks Boulevard and San Fernando Road include Costco, Lowe’s, Best Buy, Food 4 Less, and Planet Fitness.
Charles Maclay Middle School, San Fernando High School, Vaughn Next Century Learning Center, and Glendale Community College Hangar Aviation School are located across from or near the property. The asset is zoned LAR3.
Key Highlights
- 24‑unit apartment building with approximately 20,424 SF of rentable area
- All 24 units feature two‑bedroom, one‑bathroom layouts
- 28,019 SF corner lot at Pierce Street and Glenoaks Boulevard
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Explore this area
Business Placement
Demographics for 91331, CA
100,720
Population
23,926
Households
4.2
Avg Household Size
35
Median Age
11%
College-Educated
58%
High-School Grad
9.3 sq mi
ZIP Area
10,830
Density / Sq Mi
$82,025
Median Household Income
$34,759
Median Earnings
$1,818
Median Rent
$609,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story multifamily property with uniform two-bedroom layouts near schools, retail, employment centers, and regional freeway connections.
Where is this apartment building located?
The property is located at 12661 Pierce St Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: 24‑unit apartment building with approximately 20,424 SF of rentable area; All 24 units feature two‑bedroom, one‑bathroom layouts; 28,019 SF corner lot at Pierce Street and Glenoaks Boulevard
