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This Multifamily Property is no longer advertised on LoopNet.com.

7910 Brimfield Ave
Panorama City, CA 91402
Only $158K per Unit | Approx. 59% Rent Upside · Multifamily Property For Sale · 14 Units

INVESTMENT HIGHLIGHTS

  • Only $158,214 per Unit – Excellent Value at Low Entry Point for San Fernando Valley Real Estate
  • Outstanding Value-Add Opportunity – Rents Approximately 59% Below Market
  • Mere Blocks from Pending Panorama City Center Development – Future 4.5-Million Square Foot Mixed-Use Destination on 17-Acre Site
  • All Seismic Retrofit Repairs Completed – Approximately $230,000 in Seismic Upgrades Made by Current Owner (Buyer to Verify)
  • Mostly Copper Plumbing, Several Individual Water Heaters
  • Two Blocks from Upcoming East San Fernando Valley Light Rail Transit Line

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 9,094 SF
No. Stories 2
Year Built 1956
Parking Ratio 1.54/1,000 SF
Zoning R3, Los Angeles

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 $1,227 590
2+1 2 $1,262 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2209-041-002
Land Assessment
$976,077
Improvements Assessment
$1,461,327
Total Assessment
$2,437,404
  • Listing ID: 33675768

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 7910 Brimfield Ave, Panorama City, CA 91402

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