9325 Sylmar Avenue

Panorama City, CA 91402

  • 20 Bed(s)
  • 0 Bath(s)
  • 8,156 Sqft
  • 16999
    Sqft(Lot)
$2,800,000

Description

Price reduction - motivated seller***4.09% cap, 12.37 grm | 63% potential upside in rents***possibility to add two 3+2 detached adus in the large parking lot giving you a 5.63% cap, 10.54 grm******please contact us for an om*** 9325 sylmar avenue, located in panorama city, california with 4 (1+1) and 8 (2+1). there are big changes going on near panorama city and north hills. primestor and the city are planning a major development called the "panorama city center". this massive development will offer over 5 million square feet of multi-family, retail, restaurants, entertainment, fitness, office, and medical. basically, a walking city. this adds to other current and future huge developments being planned in the area. izek shomof has already converted the panorama tower (https://www.panoramatowerla.com), previously an office building, into 194 luxury residential apartments and due it's success, is now planning on building another 200 apartments w/ retail right next door. (https://la.urbanize.city/post/mixed-use-project-moves-forward-8141-van-nuys-panorama-city) we believe these major investments are due to the upcoming light rail transit line on van nuys blvd. transit lines have been proven to change neighborhoods, sometimes increasing rents 25-67%. large developers know this and build accordingly. these transformative large developments further change the neighborhoods. nearby property owners receive the benefits. call us, we can help you profit from this. 3 blocks from upcoming sf valley light rail transit project | less than 2 miles from the future panorama city center, a 5,000,000 sq ft transportation oriented development sure to transform the neighborhood | new developments change neighborhoods, additional significant developments are planned in the area by major developers

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46748971

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Property Details

  • Bedroom Information

    • Total Bedrooms : 20

    Bathroom Information

    • Total Baths: 12
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1950
    • Building Area Total: 8,156

  • Lot Details

    • Lot Dimensions Source: Assessor
    • Lot Size Acres: 0.3902
    • Lot Size Dimensions: 100x170
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 16999

  • Listing Price Information

    • Original List Price: 2,800,000
    • Listing Contract Date: 2024-08-26

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2644029007

  • Garage and Parking

    • Garage Description: Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: PC - Panorama City
    • Postal Code Plus 4: 6938
    • Directions: East of Van Nuys Blvd., West of Woodman Ave., North of Tupper, South of Plummer
    • Zoning: LARD2
    • Source Property Type: Residential Income
    • Area: PC - Panorama City

    Building and Construction

    • Property Age: 74
    • Year Built Source: Assessor
    • Total Square Feet Living: 8156
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 17:48

  • MLS: 24432075
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 20 bedrooms which is for sale, it has 8,156 sqft, 16,999 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.