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14949 Roscoe Blvd
Panorama City, CA 91402

La Palma Apartments · Multifamily Property For Sale · 31 Units

INVESTMENT HIGHLIGHTS

  • 14949 Roscoe Boulevard is a unique repositioning opportunity located in Panorama City between Sepulveda Boulevard and Van Nuys Boulevard
  • A mix of four singles, 20 one-bedrooms and one two-bedroom; at the close of escrow, the property will be delivered 100% vacant with approved plans
  • The six ADU’s will be converted from existing garages at the rear of the property, the single ADU’s will be spacious and range from 581-588 SF
  • Built in 1979, the subject property is not subject to the Los Angeles Rent Stabilization Ordinance, and currently consists of 25 units
  • After conversions and ADU additions, the property will feature 12 one-bed, 12 two-bed, one three bed, four single ADU’s and two one-bed ADU's
  • After restriping the parking, the subject property will have 42 total parking spaces with 26 standard spaces and 16 compact tandem spaces & bike rack

PROPERTY FACTS

No. Units 31
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.64 AC
Building Size 15,922 SF
No. Stories 2
Year Built/Renovated 1979/2020
Parking Ratio 1.82/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 4 $1,600 581 - 588
1+1 2 $1,725 478 - 505
1+1 12 $1,725 227 - 640
2+1 12 $2,025 623 - 706
3+2 1 $2,425 833

PROPERTY TAXES

ZONING

Zoning Code LAR3
  • Listing ID: 20444781

  • Date on Market: 7/29/2020

  • Last Updated:

  • Address: 14949 Roscoe Blvd, Panorama City, CA 91402