10218 Bradley Ave is a single-story 10-unit multi-family property in the neighborhood
of Pacoima, CA. Built in 1952, the lot offers 48,439 SF of usable area and 7,326 SF of
existing improvements. There are 8 separate structures with units consisting of (5) 2-
bedroom & 1-bathroom; (4) 1-bedroom, one bathroom, & (1) studio, aligning with the
strong rental demand in the area. Each unit has its own parking space, along with
street parking available, which makes this a valued convenience for residents.
Located on Bradley Ave, bringing a blend of commercial and residential properties,
this property not only benefits from the connectivity to key parts of the San
Fernando Valley, but is also ideally located right in the center of Pacoima with easy
access and minutes away from the 5, 118, and 210 freeways and the Whiteman
Airport. Tenants are in close proximity to Taco Llama, Queens Burgers, Lab Five
Soccer, Inicio Coffee, Bobo’s Burgers, Lenchitas, El Pollo Loco, Starbucks, O’Reilly’s
Auto Parts, Costco, Best Buy, Lowes, and so much more.
Pacoima is also rapidly becoming an attractive hub for the movie industry, due to its
affordable production costs, and diverse range of locations that provide everything
from urban landscapes to mountain views. The area’s diversity has brought
improved infrastructure and modern amenities, while its growing creative
ecosystem supports local talent and independent filmmakers. Pacoima is an ideal,
cost-effective choice for productions looking for a unique, versatile setting in close
reach of the bustling film industry. With some production companies having already
established themselves in this city, such as Artnet Studios, Quixote Film Studios (3
locations in Pacoima), XR Stage, and Brilliant Screen Studios.
For Investors, this shows that Pacoima is a promising city with rapid and exceptional
growth, and with the upcoming light rail that will run from Van Nuys Blvd in Van
Nuys to San Fernando Road in Pacoima, investors will be looking at tremendous
appreciation in the near future. The property offers a significant income upside.
Long-Term tenants have kept rents 36% below market, allowing for potential rent
growth as units turn over. Strategic improvements and rental adjustments can yield
excellent returns!