This Multifamily Property is no longer advertised on LoopNet.com.
9415 Sylmar Ave
Panorama City, CA 91402
2 & 3 Bedroom Units | 4.95% CAP & 12.64 GRM · Multifamily Property For Sale · 16 Units
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INVESTMENT HIGHLIGHTS
- Outstanding Unit Mix – All Two- and Three-Bedroom Units
- Full Copper Plumbing, All New Vinyl Windows, and Individual Water Heaters
- Numerous Supplemental Income Opportunities -- Additional Income Streams Created by Four On-Site Laundry Rooms, Storage, and General Parking
- Spacious Floorplans Averaging Approximately 1,000 Square Feet Each
- Huge 31,000 Square Foot Parcel with Ample On-Site Parking – At Least 32 On-Site Parking Spaces
- Attractive 4.95% Current CAP Rate with Opportunity to Add Significant Value to Capture Approximately 34% Rent Upside
PROPERTY FACTS
No. Units | 16 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.72 AC |
Building Size | 15,990 SF |
No. Stories | 2 |
Year Built | 1956 |
Parking Ratio | 2/1,000 SF |
UNIT AMENITIES
- Storage Space
- Heating
- Kitchen
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+2 | 12 | $1,422 | - |
3+2 | 4 | $1,715 | - |
PROPERTY TAXES
Parcel Number | 2644-029-106 | Improvements Assessment | $1,810,296 |
Land Assessment | $2,715,444 | Total Assessment | $4,525,740 |
ZONING
Zoning Code | RD2 |
Listing ID: 22168368
Date on Market: 2/4/2021
Last Updated:
Address: 9415 Sylmar Ave, Panorama City, CA 91402
The Multifamily Property at 9415 Sylmar Ave, Panorama City, CA 91402 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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