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$3,300,000

Beds
27
sq ft
11,403

14811 Parthenia St, Panorama City, CA 91402

14811 Parthenia St

Panorama City, CA 91402

  • 15 days on market
This exceptional investment opportunity is located just steps away from the Icon Panorama City, a transformative development that is set to rejuvenate the area and drive significant economic growth. As construction begins on this highly anticipated 584,000-square-foot mixed-use center, property values in the surrounding neighborhood are expected to rise, making this an ideal acquisition for long-term investors. With increased demand, premium rental rates, heightened location desirability, and a thriving retail environment, this property is well-positioned for substantial appreciation. Featuring a well-balanced unit mix of spacious two- and three-bedroom units, this building caters to a wide range of tenants, ensuring strong occupancy rates and consistent rental income. Residents enjoy the convenience of on-site laundry facilities and gated parking, adding to the property's appeal. The location is highly accessible, centrally positioned east of the I-405, west of the 170, and north of the 101 freeway, making it easy for commuters and residents alike. Beyond its prime location, the property benefits from its proximity to a wide variety of dining, shopping, and entertainment venues along Roscoe Boulevard, further enhancing its desirability for tenants and future buyers. The ongoing development of the Icon Panorama City is set to redefine the area, bringing new business opportunities, increasing foot traffic, and elevating the standard of living in the neighborhood. This is a rare opportunity to invest in an area on the rise. With the expected growth in rental demand, increasing property values, and a revitalized commercial landscape, this property offers a secure and lucrative investment in one of the most promising areas of the San Fernando Valley. Don't miss your chance to secure a high-potential asset in a market poised for long-term success!

Details

Property type

Lot size

0.3957 acres

Price per sq ft

$290

Year built

1976

HOA

No

Price History

03/19/2025
CLAW

CLAW #25513023

Listed
$3,300,000

Schools & Community

Neighborhood: 

Panorama City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 04/03/2025 at 6:05 PM

Listing updated: 04/02/2025 at 8:51 PM

Listed by: Tony Azzi, Tony Azzi Phone #: (310) 909-5454

MLS: CLAW #25513023

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