$549,900
Rare opportunity to acquire a classic residence on the market for the first time in nearly 40 years. This property is situated on an expansive 6,365 square foot lot, offering a premier canvas for a complete value-add renovation or potential ADU expansion. The traditional layout features 2 bedrooms and 1 bathroom, providing a solid footprint for those looking to reimagine a home from the ground up in a high-demand submarket. The exterior is a standout feature for the area, boasting plenty of off-street parking via a large driveway. The rear yard is anchored by a concrete swimming pool awaiting a modern restoration to become a private oasis. With ample space for landscaping or additional structures, the lot offers versatility that is increasingly rare at this price point. The home is being sold in its current as-is condition and requires comprehensive repairs, including a full roof replacement, ceiling repair, and professional remediation. This "Contractor's Special" is aggressively priced to account for all necessary improvements, making it an ideal candidate for cash investors or renovation-loan buyers looking to capture significant forced equity. Located with excellent proximity to the 118 and 5 freeways, this property represents a strategic "buy and hold" or "fix and flip" opportunity in the heart of Pacoima.
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Listed by Abby Ronquillo with Net Realty (909) 606-6953
Property Type
Single Family Residence
Status
Active
MLS Number
OC26077639
Year Built
1950
Lot Size
6,364 sq ft