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$ 1,050,000
Est. payment | /mo
8,764 Sqft Lot
$ 1,050,000
Est. payment | /mo
8,764 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24149916
HOA Y/N No
Year Built 1951
Lot Size 8,764 Sqft
Property Description
This amazing and very spacious quadplex building is located right in the middle of Panorama city and was built in 1951. It has an excellent unit mix of (2) 2 +1 bath units and (2) 1 + 1 bath units and comes with 4 garages. There is immediate potential for upside in rents and room to add 2 ADUS in the interior patio where the pool is located. The building is 2,905 square feet and is situated on a 8,765 square foot lot. It has been well maintained by its existing owners and has excellent visibility, sitting right on the corner between Roscoe Boulevard and Wakefield Avenue. This property also comes with street parking that is easy to find!
The location is only a 4 minute drive to your local Walmart and a shopping center where you'll find your local 24-hour fitness, dd’s Discounts Store, Wendy’s, El Pollo Loco, Kaiser Permanente, a Regency movie theater and many other stores to choose from. This provides ample entertainment for people of all ages. Families are also a close walk to Burton Elementary School and St. Genevieve High School.
Residents enjoy easy access to the 405 & 170 freeways and this will continue to attract a diverse quality tenant base as well as a solid occupancy rate. An astute investor will benefit from the rising rental rates, potential ADU’s and enjoy a solid long-term investment with immediate added value.
The location is only a 4 minute drive to your local Walmart and a shopping center where you'll find your local 24-hour fitness, dd’s Discounts Store, Wendy’s, El Pollo Loco, Kaiser Permanente, a Regency movie theater and many other stores to choose from. This provides ample entertainment for people of all ages. Families are also a close walk to Burton Elementary School and St. Genevieve High School.
Residents enjoy easy access to the 405 & 170 freeways and this will continue to attract a diverse quality tenant base as well as a solid occupancy rate. An astute investor will benefit from the rising rental rates, potential ADU’s and enjoy a solid long-term investment with immediate added value.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool In Ground, Private
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool Yes
Building
Lot Description 2-5 Units/Acre, Corner Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Justin White • Justin White • 714.231.2537