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Key Details
Sold Price $9,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR22224053
Sold Date 12/25/22
Bedrooms 7
HOA Y/N No
Lot Size 1.146 Acres
Property Description
We pleased to present the rare opportunity to acquire a 33-unit multi-family investment in Panorama City, California. The property is located at 9075 Cedros Ave, Panorama City in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and high rental demansds area, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 8 one-bedroom units, 21 two-bedroom units, 4 three-bedroom units. This property offers value add and potential upside on rent for investors to invest an asset with well-maintained condition. The property was built in 1995, only subject to AB-1482. New paint is done recently. Existing loan is assumable at 4.05% interest rate!
We pleased to present the rare opportunity to acquire a 33-unit multi-family investment in Panorama City, California. The property is located at 9075 Cedros Ave, Panorama City in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and high rental demansds area, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 8 one-bedroom units, 21 two-bedroom units, 4 three-bedroom units. This property offers value add and potential upside on rent for investors to invest an asset with well-maintained condition. The property was built in 1995, only subject to AB-1482. New paint is done recently. Existing loan is assumable at 4.05% interest rate!
Location
State CA
County Los Angeles
Area Panorama City (91402)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Level or Stories 2 Story
Others
Monthly Total Fees $411
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Financing Assumable
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Hao Ding • MacroReal Inv Grp Inc.