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

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

ZONING

Zoning Code RD2
  • Listing ID: 22168368

  • Date on Market: 2/4/2021

  • Last Updated:

  • Address: 9415 Sylmar Ave, Panorama City, CA 91402