$1050000 Price Analysis   ♡   Panorama City, CA 91402 6 bed 4 bath 2905 SqFt ($361/SqFt) 8765SqFt lot. Built 1951 Listed 2024-07-22, Taxes $6917 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This exceptional and vast 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 n 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 a 4 minute drive to your local Walmart and a shopping center where you'll find your local 24-hour fitness, dds Discounts Store, Wendys, 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 and 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 ADUs and enjoy a solid long-term investment with immediate added value.
Presented by Justin White at
Justin White.
Property MLS #PW24149916 from CRMLS
Pool Private: Yes
Lot Size Acres: 0.2012167
Lot Size Source: Public Records
Lot Size Square Feet: 8765
Parking Total: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2469.00
Area: PC - Panorama City
Source Neighborhood: PC - Panorama City
Trash Expense: 7200.00
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $241452 + $301816 $543268 | $6917 |
| 2021 | $236718 + $295899 $532617 | $6822 |
| 2020 | $234291 + $292865 $527156 | $6885 |
| 2019 | $229698 + $287123 $516821 | $6627 |
| 2018 | $225195 + $281494 $506689 | $6500 |
| 2017 | $220780 + $275975 $496755 | $6362 |
| 2016 | $216451 + $270564 $487015 | $6197 |
| 2015 | $213200 + $266500 $479700 | $6110 |
| 2014 | $209024 + $261280 $470304 | $6155 |
| 2013 | $208080 + $260100 $468180 | $6155 |
| 2012 | $204000 + $255000 $459000 | $6236 |
| 2010 | $107386 + $66475 $173861 | $2546 |
| 2009 | $106838 + $66136 $172974 | $2461 |
| 2009 | $106584 + $65979 $172563 | $2461 |
| 2008 | $104744 + $64840 $169584 | $2370 |
| 2007 | $102691 + $63569 $166260 | $2285 |
$1050000
CRMLS
Listing removed 2011-05-24
$475000
CRISNET
Sold 2011-05-23
$475000
CRISNET
Listing removed 2011-01-20
$475000
SoCalMLS
Listing removed 2011-01-20
$475000
CRMLS
Listed 2011-01-18
$475000
CRMLS
Price Changed 2010-12-17
$475000
SoCalMLS
Listed 2010-09-11
$475000
CRISNET
Listed 2010-09-11
$450000
SoCalMLS
Year Built: 1951
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 73
Property Attached: Yes
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Public Records
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.