9256 Wakefield Avenue

Panorama City, CA 91402

$3,499,000

Listed 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.

Interior Features

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

Listing Information

Address 9256 Wakefield Avenue
City Panorama City
State CA
Zip 91402
County Los Angeles
Listing Agent Marlon Gonzalez DRE#01215717
Courtesy Of Dream Homes Of LA
MLS SR24110132
List Price $3,499,000
HOA $0
Status Active
Type Residential Income
Subtype Mixed Use
Structure Size N/A
Lot Size 15,553
Year Built 1987
DOM 73

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.