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California>Los Angeles>Pacoima

12600 Correnti StreetPacoima, CA 91331

For Sale

$3,300,000

Smart Buyer Rebate $33,000

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 Rate, 5.7 GRM, and only 146k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The project is anticipated to deliver over $2.7M in net profit after all construction and resale costs, yielding an exceptional 117% return on levered equity. The plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units by right 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.

Listed by Kelly Morgan

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License #01898026

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Houze Real Estate Management

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310-836-3638

Last updated May 16, 2026

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Source: CRMLS #26831629

Listing Facts

  • TypeMulti-family
  • NeighborhoodPacoima
  • Bedrooms13
  • Days on Prevu39
  • Size5,334 sqft
  • Price per sqft$619

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/08/2026
Listed by Houze Real Estate Management
$3,300,000

Property Details for 12600 Correnti Street

Exterior

Construction

  • Number Of Units Total: 14
  • Stories: 2
  • Stories Total: 2

Measurements

  • Building Area Total: 5,334
  • Lot Size Acres: 0.20
  • Lot Size Area: 9,001
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,001
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.5
  • Gross Income: $333,766.00

Taxes

  • Parcel Number: UNAVAILABLE

Interior

Measurements

  • Living Area: 5,334
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 14
  • Bedrooms Total: 13

Parking

Parking

  • Parking Features: Gated, Uncovered
  • Parking Total: 14

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 13 bedrooms in this multi-family home at 12600 Correnti Street.

Does this multi-family home have parking?

Yes, there are 14 parking spaces available for 12600 Correnti Street.

How does 12600 Correnti Street compare to other multi-family homes in Pacoima?

This multi-family home is listed 110% above the average price for multi-family homes in Pacoima and has been on the market for 5 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,334 sqft.

12600 Correnti Street is a 13-bedroom multi-family home for sale in Pacoima CA 91331. Listed on Prevu for 39 days at $3,300,000. This residence features 5,334 square feet of living space, located in Pacoima. The median listing price for multi-family homes in this area is $795,000. The home offers parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.