9325 Sylmar Ave | Panorama City, CA 91402
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- LoopNet Team
9325 Sylmar Ave
Panorama City, CA 91402
12.88 GRM | 94% potential upside · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- 5.57% Cap, 10.94 GRM After ADU Construction & Expenses (Feb/2024) | 94% Potential Upside In Rents
- 3 Blocks From Upcoming SF Valley Light Rail Transit Project
- New Developments Change Neighborhoods, Additional Significant Developments are Planned in the Area by Major Developers
- Possibility To Add Two 3+2 Detached ADUs In The Large Parking Lot
- Less than 2 miles from the Future Panorama City Center, a 5,000,000 Sq Ft Transportation Oriented Development sure to Transform the Neighborhood
- https://tours.la360vr.com/e/2gVvbFZ | Copy & Paste for SkyView Tour
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.39 AC |
| Property Type | Multifamily | Building Size | 8,156 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 2.94/1,000 SF |
| Zoning | RD, Los Angeles | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 8,156 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 2.94/1,000 SF |
| Zoning | RD, Los Angeles |
PROPERTY TAXES
| Parcel Number | 2644-029-007 | Improvements Assessment | $713,894 |
| Land Assessment | $1,070,843 | Total Assessment | $1,784,737 |
PROPERTY TAXES
Parcel Number
2644-029-007
Land Assessment
$1,070,843
Improvements Assessment
$713,894
Total Assessment
$1,784,737
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