9256 Wakefield Avenue
Panorama City, CA 91402
Active for $3,499,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 15,553 sqft
| MLS | SR24110132 |
| Year Built | 1987 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $3,499,000 |
| Structure Size | N/A sqft |
| Lot Size | 15,553 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Marlon Gonzalez, Dream Homes Of LA . *Based on information from the Association of REALTORS/Multiple Listing as of 09/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Paula De Flores
REALTOR®
Direct: 818.235.9297
Email: Email Me
DRE: 01477657
DRE #01873088
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