Facebook  Linked In  Twitter  Youtube Channel

IN ESCROW | 15u | Panorama City | Non Rent Control

Purchase Price: $2,100,000
Property Address: 8545 Cedros Ave. Panorama City, CA 91402

  • CAP Rate:
  • Units:
  • Zoning Type:
  • Lot Size (Sqft):

5.15%

15

LAR3

15,001

  • GRM:
  • Year Built:
  • Price Per Unit:
  • Price Per Sqft:

11.34

1978

$140,000

$185.45


Investment Highlights


  • Non rent control
  • Rental upside potential
  • Value add opportunity

  • Patios and Balconies
  • Central Valley location
  • Historically low vacancy rates


Building Description

Property: 8545 Cedros Ave. Panorama City, CA 91402 consists of 15 units built in 1978. Comprised of 2 (0+1), 10 (1+1), and 3 (2+1). This non-rent control property offers a great unit mix, secured parking, and some units with patios or balconies. 

 

Location: Dense in-fill location, centrally located in the Valley. Historically low vacancy rates.