Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

12418 Gain Street

Pacoima, CA, 91331

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$990,000

MLS: SR25266941

Beds

10

Baths

8

Sq Ft

6,350

Lot

0.41 ac

Year Built

1948

MLS #

SR25266941

Days on Market

18

Listed

Dec 1, 2025

Description

Investment Opportunity! This sale includes both 12418 Gain Street and 11095 Borden Avenue. No conventional financing is available for this property at this time. This offering includes a large corner lot with multiple potential uses. The main house at 12418 Gain is an estimated 1,950 sq ft, featuring 2 bedrooms and 2.5 bathrooms. One bedroom includes an en-suite bathroom, and there is an additional full hallway bathroom with a shower and soaking tub. The layout includes a large living room with a fireplace, a formal dining area, a separate family room, a galley-style kitchen with space for a small eating area, and an indoor laundry room. An attached two-car garage serves the main house. Behind the home is a recreation room measuring approximately 858 sq ft (22' x 39'). The Gain lot is estimated at 8,875 sq ft. The adjacent lot at 11095 Borden, approximately 9,159 sq ft, currently contains a condemned multi-unit structure and a separate functional two-car garage. Buyer to verify all information, including plumbing, heating, air conditioning, roof condition, bedroom and bathroom count, square footage, and overall condition of the property.

Location

Pacoima, Los Angeles County, CA 91331

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Listed by: John Mazziotta · Pinnacle Estate Properties

Payment estimate

$7,177

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $99,000 · Loan: $891,000

%
Principal & Interest
$5,474
Property tax (1.25%)
$1,031
Homeowners insurance
$300
Mortgage insurance
$371
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pacoima home with as little as 3.5% down using an FHA loan — roughly $34,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Pacoima, CA 91331 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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