9256 Wakefield Avenue
Panorama City, CA 91402
0.36 acres | #SR24110132
Description
NO RENT CONTROL. Great Investment Opportunity located in the heart of Panorama City. The property features 20 total beds, 20 baths and a unit mix of (6) two bedroom, two-bath units, (4) two-bedroom, two-bath unit plus loft (could be used as 3rd bedroom). Each unit averages $2,170 per month in rent and market rents average $2,500 per month, with an upside potential. Ample parking: there are 24 total parking spaces on site (2 per unit + 2 guest). First floor units have private patios. Both gas and electric are separately metered. Multiple upgrades to the property have been made. Central A/C & heating; Security Camera system; commercial water heater; exterior led lights, etc. This 10-unit complex is located on one of the most beautiful and coveted streets in Panorama City. The building is fully leased with very faithful tenants. SIGNIFICANT UPSIDE POTENTIAL IN RENT.
Interior Details
- InteriorAttic
Property Details
- Lot DescriptionItem610UnitsAcre
- Stories2
Measurements
- Acres0.357
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1987
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$3,499,000
Other
- MLS #SR24110132
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Marlon Gonzalez (#F150502016)
Listing Office: Dream Homes Of LA (#F8765003)
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