9256 Wakefield Avenue

Panorama City, CA 91402

$3,499,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1987

calendar_month Built

Property 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

List Price $3,499,000
Status Active
MLS SR24110132
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1987
Lot Size 15,553
Structure Size N/A
DOM 73
Courtesy Of Dream Homes Of LA
Listing Agent Marlon Gonzalez DRE#01215717

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Tile
Additional Information
Additional Features Attic
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Marlon Gonzalez, Dream Homes Of LA . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:40 PM 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.