Description
This exceptional investment opportunity is located just steps away from the icon panorama city, a transformative development that is set to rejuvenate the area and drive significant economic growth. as construction begins on this highly anticipated 584,000-square-foot mixed-use center, property values in the surrounding neighborhood are expected to rise, making this an ideal acquisition for long-term investors. with increased demand, premium rental rates, heightened location desirability, and a thriving retail environment, this property is well-positioned for substantial appreciation. featuring a well-balanced unit mix of spacious two- and three-bedroom units, this building caters to a wide range of tenants, ensuring strong occupancy rates and consistent rental income. residents enjoy the convenience of on-site laundry facilities and gated parking, adding to the property's appeal. the location is highly accessible, centrally positioned east of the i-405, west of the 170, and north of the 101 freeway, making it easy for commuters and residents alike. beyond its prime location, the property benefits from its proximity to a wide variety of dining, shopping, and entertainment venues along roscoe boulevard, further enhancing its desirability for tenants and future buyers. the ongoing development of the icon panorama city is set to redefine the area, bringing new business opportunities, increasing foot traffic, and elevating the standard of living in the neighborhood. this is a rare opportunity to invest in an area on the rise. with the expected growth in rental demand, increasing property values, and a revitalized commercial landscape, this property offers a secure and lucrative investment in one of the most promising areas of the san fernando valley. don't miss your chance to secure a high-potential asset in a market poised for long-term success!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49023177
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 27
Bathroom Information
- Total Baths: 16
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1976
- Building Area Total: 11,403
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3957
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 17235
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Listing Information
Listing Price Information
- Original List Price: 3,300,000
- Listing Contract Date: 2025-03-19
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2653005185
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Concrete
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PC - Panorama City
- Directions: From LAX: Take I-405 N, exit Nordhoff St, turn left on Sepulveda Blvd, then right on Parthenia St to 14811.
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: PC - Panorama City
Building and Construction
- Property Age: 49
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 11403
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/26/2025 @ 05:02
- MLS: 25513023
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 27 bedrooms which is for sale, it has 11,403 sqft, 17,235 sized lot, and 0 parking. are nearby neighborhoods.