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

Sell a home like this and save $167,501 Find Out How

Statistics Bottom Ads 1
Google Ads

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
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 10/31/2024 @ 03:12

  • 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.