12600 Correnti ST Pacoima CA 90293 | MLS #26866525
There are multiple listings for this address:
PRICE REDUCTION! 14 Existing Renovated units + plans for 20 new market-rate units cash flowing at an amazing Current Cap Rate of 8.0% from day 1! Attractive 2.48M assumable loan (requiring only ~19% down) at an incredibly low rate of 3.98% fixed through 09/01/2027 yielding a remarkable 16.2% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 13.9% Cap Rate, 5.52 GRM, and only 139k/unit after taking into account all the construction costs (~1.67M assuming $250/SF). The project is anticipated to deliver over $3.2MM in net profit after all construction and resale costs, yielding an exceptional 146.5% 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.
Property Details
Price:
$3,075,000
MLS #:
26866525
Status:
Active
Beds:
13
Baths:
14
Type:
Single Family
Neighborhood:
pacpacoima
Listed Date:
Jul 30, 2026
Finished Sq Ft:
5,334
Total Sq Ft:
5,334
Lot Size:
9,001 sqft / 0.21 acres (approx)
See this Listing
Schools
Interior
Heating
WL
Levels
U
Exterior
Parking Spots
14
Parking Total
14
Financial
Map
Community
- Address12600 Correnti ST Pacoima CA
- CityPacoima
- CountyLos Angeles
- Zip Code90293
Market Summary
Current real estate data for Single Family in Pacoima as of Oct 15, 2026
83
Single Family Listed
71
Avg DOM
422
Avg $ / SqFt
$670,706
Avg List Price
Property Summary
- 12600 Correnti ST Pacoima CA is a Single Family for sale in Pacoima, CA, 90293. It is listed for $3,075,000 and features 13 beds, 14 baths, and has approximately 5,334 square feet of living space.The current price per square foot is $576. The average price per square foot for Single Family listings in Pacoima is $422. The average listing price for Single Family in Pacoima is $670,706. To schedule a showing of MLS#26866525 at 12600 Correnti ST in Pacoima, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Houze Real Estate Management. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.12600 Correnti ST
Pacoima, CA
PRICE REDUCTION! 14 Existing Renovated units + plans for 20 new market-rate units cash flowing at an amazing Current Cap Rate of 8.0% from day 1! Attractive 2.48M assumable loan (requiring only ~19% down) at an incredibly low rate of 3.98% fixed through 09/01/2027 yielding a remarkable 16.2% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 13.9% Cap Rate, 5.52 GRM, and only 139k/unit after taking into account all the construction costs (~1.67M assuming $250/SF). The project is anticipated to deliver over $3.2MM in net profit after all construction and resale costs, yielding an exceptional 146.5% 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.
Property Details
Price:
$3,075,000
MLS #:
26996097
Status:
Active
Beds:
13
Baths:
14
Type:
Single Family
Neighborhood:
pacpacoima
Listed Date:
Oct 2, 2026
Finished Sq Ft:
5,334
Total Sq Ft:
5,334
Lot Size:
9,001 sqft / 0.21 acres (approx)
See this Listing
Schools
Interior
Heating
WL
Levels
U
Exterior
Parking Spots
14
Parking Total
14
Financial
Map
Community
- Address12600 Correnti ST Pacoima CA
- CityPacoima
- CountyLos Angeles
- Zip Code90293
Market Summary
Current real estate data for Single Family in Pacoima as of Oct 15, 2026
83
Single Family Listed
71
Avg DOM
422
Avg $ / SqFt
$670,706
Avg List Price
Property Summary
- 12600 Correnti ST Pacoima CA is a Single Family for sale in Pacoima, CA, 90293. It is listed for $3,075,000 and features 13 beds, 14 baths, and has approximately 5,334 square feet of living space.The current price per square foot is $576. The average price per square foot for Single Family listings in Pacoima is $422. The average listing price for Single Family in Pacoima is $670,706. To schedule a showing of MLS#26996097 at 12600 Correnti ST in Pacoima, CA, contact your Compass agent at 310.409.7242.