$3,499,000
- Beds
- Unknown
- sq ft
- 7,674
9256 Wakefield Ave, Panorama City, CA 91402
9256 Wakefield Ave
Panorama City, CA 91402
- 35 days on market
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.
Details
Property type
Mixed Use
Lot size
0.357 acres
Price per sq ft
$456
Year built
1987
Price History
06/01/2024
CRMLS #SR24110132
Listed
$3,499,000
Schools & Community
Neighborhood:
Panorama City
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/05/2024 at 8:40 PM
Listing updated: 06/01/2024 at 1:43 PM
Listed by: Marlon Gonzalez, Dream Homes Of LA Phone #: (818) 256-5776
MLS: CRMLS #SR24110132
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