9075 Cedros Avenue

Panorama City, CA, 91402

$9,300,000

$309 per ft²
$9,300,000
$309 per ft²
Sold
Sold
carpenters-square
30,018 ft²
property_type
Multi-family
calendar
Built 1995
We pleased to present the rare opportunity to acquire a 33-unit multi-family investment in Panorama City, California. The property is located at 9075 Cedros Ave, Panorama City in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and high rental demansds area, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 8 one-bedroom units, 21 two-bedroom units, 4 three-bedroom units. This property offers value add and potential upside on rent for investors to invest an asset with well-maintained condition. The property was built in 1995, only subject to AB-1482. New paint is done recently. Existing loan is assumable at 4.05% interest rate!
MLS® ID:
TR22224053
Listed:
10/16/22
Updated:
1/30/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
1.15 acres lot
Lot Details
Lot Over 40000 Sqft
Sewer
Public Sewer

Other Property Details

Area Name
PC - Panorama City
Association Amenities
Urban
Garage
No
Parking
Assigned
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
LARD1.5
Buyer Agency Compensation
1.500

Property History

Date
Event
Price
Value
12/26/22
Sold
-
-
12/26/22
Price Change
$9,300,000
-6%

Courtesy of Grady Liu, MacroReal Inv Grp Inc., CA DRE

Listing Contact:  

Based on information from the CRISNet MLS as of 1/30/23, 2:16 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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