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.
MLS #
CRSR24110132
MLS Source
California Regional MLS
Days on Site
31
Buyer's Brokerage Compensation*
2.00
Cooling
Central Forced Air
Heating
Central Forced Air
Garage/Parking
Assigned Spaces, Common Parking Area, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 10 | – |
9256 Wakefield Ave is a Residential Income in Panorama City, CA 91402. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,499,000 and was built in 1987.
This address can also be written as 9256 Wakefield Ave, Panorama City, CA 91402.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of June 13, 2024. For the most current information, please contact Marlon Gonzalez