14245 Roscoe Boulevard

Panorama City, CA 91402

  • 9 Bed(s)
  • 0 Bath(s)
  • 4,644 Sqft
  • 8702
    Sqft(Lot)
$1,200,000

Description

Located just east of van nuys blvd, 14245 roscoe is a 6-unit value-add complex located 0.3 mile from panorama mall and 1 mile from the plant shopping center. primestor development, which owns panorama mall (20-acre shopping center) plans to redevelop the property with approx. 4.5 million sf of residential, hotel, and other commercial uses. pending approvals, primestor would redevelop the mall in 4 phases over 20 years. the complex is comprised of (3) 2-bdrm. units and (3) 1-bdrm. units, and is offered at $200,000 per unit, $258 per foot, and 6.11% cap & 10.49 grm on current rents. this value-add opportunity presents approx. 30% rental upside, and a future investor can reach an 8.86% cap and 8.09 grm, by achieving projected market rents for renovated units in the area. property amenities include gated parking with approx. 8 parking spaces and a sizeable yard for the front units. for those seeking additional opportunities, this property can be purchased individually or alongside 8135 reseda, a 10-unit complex not subject to local rent control (1981), and offers approx. 25% rental upside, and is located across the street from northridge hospital. please email or call la1 for more information.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47986449

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Property Details

  • Bedroom Information

    • Total Bedrooms : 9

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1951
    • Building Area Total: 4,644

    Security Features

    • Gated Community

    Laundry Features

    • Common Area,Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1998
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 8702

  • Listing Price Information

    • Original List Price: 1,200,000
    • Listing Contract Date: 2024-12-09

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2638026010

  • Garage and Parking

    • Garage Description: Gated

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: PC - Panorama City
    • Postal Code Plus 4: 4257
    • Directions: Located just east of Van Nuys Blvd, the subject property is 0.3 mile from Panorama Mall and 1 mile from The Plant Shopping Center.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: PC - Panorama City

    Building and Construction

    • Property Age: 73
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4644
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 00:54

  • MLS: 24470653
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 4,644 sqft, 8,702 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Panorama City , in zip code 91402, this Los Angeles County Home are nearby neighborhoods.