10028 San Fernando Rd, Unit 34

$3,550,000
Price
9,005 / 0.21
Lot Size / Acres

Description

Huge 650k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7.25% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 11.3% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 13.9% Cap Rate, 5.7 GRM, and only 149k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The plans call for 8 detached ADUs...Huge 650k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7.25% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 11.3% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 13.9% Cap Rate, 5.7 GRM, and only 149k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.
  1. Listed by Armin Soleimani • DRE #01846872 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
  2. Listed by Julio Ruiz • DRE #01911261 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.

Property Details for 10028 San Fernando Road, Unit 34

Zoning
LAC2
Parcel Number
2537012024
Area
Pacoima (PAC)
Lot Size Area
9005
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
2537-012-024
Directions
Located on the North East Corner of Correnti and San Fernando Road.
LISTING UPDATED: 12/11/2025 12:06 AM

Property Details for 10028 San Fernando Road, Unit 34

StatusActive
MLS #25625417
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.21 AC
CountyLos Angeles County

Location

Listing Courtesy of Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261
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Building Information for 10028 San Fernando Road, Unit 34

Lot Size0.21 AC

Payment Calculator

$17,542 per month

30 year fixed, 6.28% Interest

Principal and Interest

$17,542

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10028 San Fernando Road, Unit 34

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • Unit Number: 34
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Rent Control
  • Lot Acreage: 0.2067
  • Lot Size Square Feet: 9005
  • Lot Location: Corner Lot
  • Telephone: 1.0
  • Cable: 1.0
  • Public Street: Yes
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 12-03-2025

Property History for 10028 San Fernando Road, Unit 34

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

CLAW #25625417

$3,550,000—
Dec 3, 2025

Listed (Active)

CRMLS #25625417

$3,550,000—
Dec 1, 2025

Withdrawn / Cancelled

CLAW #25597775

—
Dec 1, 2025

Withdrawn / Cancelled

CRMLS #25597775

$3,550,000—
Nov 7, 2025

Price Change

CLAW #25597775

$3,550,000—
Nov 7, 2025

Price Change

CLAW #25597775

$3,700,000—
Oct 27, 2025

Price Change

CLAW #25597775

$3,550,000—
Sep 25, 2025

Withdrawn / Cancelled

CLAW #25568133

—
Sep 25, 2025

Listed (Active)

CLAW #25597775

$3,700,000—
Sep 25, 2025

Withdrawn / Cancelled

CRMLS #25568133

$3,700,000—
Sep 25, 2025

Listed (Active)

CRMLS #25597775

$3,700,000—
Aug 22, 2025

Price Change

CLAW #25568133

$3,700,000—
Jul 21, 2025

Listed (Active)

CRMLS #25568133

$3,950,000—
Jul 21, 2025

Listed (Active)

CLAW #25568133

$3,950,000—
Jul 11, 2025

Withdrawn / Cancelled

CLAW #25526151

—
Jul 11, 2025

Withdrawn / Cancelled

CRMLS #25526151

$3,950,000—
May 21, 2025

Price Change

CLAW #25526151

$3,950,000—
Apr 16, 2025

Listed (Active)

CRMLS #25526151

$4,195,000—
Apr 16, 2025

Listed (Active)

CLAW #25526151

$4,195,000—
DateEvent & SourcePrice
12/03/2025

Listed (Active)

CLAW #25625417

$3,550,000
12/03/2025

Listed (Active)

CRMLS #25625417

$3,550,000
12/01/2025

Withdrawn / Cancelled

CLAW #25597775

—
12/01/2025

Withdrawn / Cancelled

CRMLS #25597775

$3,550,000
11/07/2025

Price Change

CLAW #25597775

$3,550,000
11/07/2025

Price Change

CLAW #25597775

$3,700,000
10/27/2025

Price Change

CLAW #25597775

$3,550,000
09/25/2025

Withdrawn / Cancelled

CLAW #25568133

—
09/25/2025

Listed (Active)

CLAW #25597775

$3,700,000
09/25/2025

Withdrawn / Cancelled

CRMLS #25568133

$3,700,000
09/25/2025

Listed (Active)

CRMLS #25597775

$3,700,000
08/22/2025

Price Change

CLAW #25568133

$3,700,000
07/21/2025

Listed (Active)

CRMLS #25568133

$3,950,000
07/21/2025

Listed (Active)

CLAW #25568133

$3,950,000
07/11/2025

Withdrawn / Cancelled

CLAW #25526151

—
07/11/2025

Withdrawn / Cancelled

CRMLS #25526151

$3,950,000
05/21/2025

Price Change

CLAW #25526151

$3,950,000
04/16/2025

Listed (Active)

CRMLS #25526151

$4,195,000
04/16/2025

Listed (Active)

CLAW #25526151

$4,195,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 10028 San Fernando Road, Unit 34

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Montague Charter Academy
CharterK to 5

Charles Maclay Middle School
Public6 to 8

Academy of Scientific Exploration (ASE)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10028 San Fernando Road, Unit 34 is a 0.21 ac of land for sale in Pacoima, CA 91331. This property was listed for sale on December 3, 2025 by Global Platinum Properties, Inc., it's currently listed at $3,550,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Montague Charter Academy, Charles Maclay Middle School and Academy of Scientific Exploration (ASE). 10028 San Fernando Road, Unit 34 is a 0-bed, 0-bath, 0.21 ac of land on a 9,005 sq. ft. / 0.21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.