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.
|
DAYS ON MARKET
|
102
|
LAST UPDATED
|
10/16/2024
|
|
YEAR BUILT
|
1951
|
COMMUNITY
|
Panorama City
|
|
GARAGE SPACES
|
3.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AREA |
Panorama City |
| GARAGE |
Yes |
| LOT |
8765 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre, Corner Lot |
| POOL |
Yes |
| POOL DESCRIPTION |
In Ground,Private |
| SEWER |
Public Sewer |
| STORIES |
1 |
| WATER |
Public |
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Listed with Justin White
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/1/24 3:39 AM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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