9256 Wakefield Avenue

Panorama City, CA 91402
$3,499,000
0.36 acres | #SR24110132
Courtesy of Dream Homes Of LA

Description

NO RENT CONTROL. Great Investment Opportunity located in the heart of Panorama City. The property features 20 total beds, 20 baths and a unit mix of (6) two bedroom, two-bath units, (4) two-bedroom, two-bath unit plus loft (could be used as 3rd bedroom).  Each unit averages $2,170 per month in rent and market rents average $2,500 per month, with an upside potential. Ample parking: there are 24 total parking spaces on site (2 per unit + 2 guest). First floor units have private patios. Both gas and electric are separately metered. Multiple upgrades to the property have been made. Central A/C & heating; Security Camera system; commercial water heater; exterior led lights, etc. This 10-unit complex is located on one of the most beautiful and coveted streets in Panorama City.     The building is fully leased with very faithful tenants. SIGNIFICANT UPSIDE POTENTIAL IN RENT.

  • Interior Details
    • Interior Features
      • Interior:Attic
  • Property Details
    • Property
      • Stories:2
      • Lot description:SixToTenUnitsAcre
    • Measurements
      • Acres:0.357
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1987
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$3, 499, 000
  • Other
    • Source
      • MLS #:SR24110132

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00