9035 Cedros Avenue, Panorama City, CA 91402
  • MLS#: 25535855 ( )
  • Street Address: 9035 Cedros Avenue
  • Viewed: 6
  • Price: $3,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1976
  • Bldg sqft: 0
  • Days On Market: 37
  • Additional Information
  • County: LOS ANGELES
  • City: Panorama City
  • Zipcode: 91402
  • Provided by: Tony Azzi
  • Contact: Tony Tony
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    9035 Cedros Ave presents an exceptional multifamily investment opportunity in a strong rental submarket. The property is comprised of sixteen spacious 2 bedroom, 1 bath units and two large 3 bedroom, 1.5 bath units, making it well suited for both small families and larger households. Residents benefit from gated entry and secured parking, providing enhanced safety and peace of mind. On site laundry facilities add convenience and offer an additional income stream for ownership. Located in a high demand area with consistently low vacancy rates, the property enjoys excellent accessibility to the 405, 5, and 118 freewaysan attractive feature for commuting tenants. With significant upside potential, investors have the opportunity to add value through interior renovations and rent increases to market levels, making this a compelling asset for both short term gains and long term portfolio growth.
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Features
Building Area Total
  1. 15630.00
Country
  1. US
Levels
  1. Two
Netoperatingincome
  1. 163869.00
Parcel Number
  1. 2651012011
Security Features
  1. Gated Community
Sourcesystemkey
  1. 25535855:CLAW
Totalexpenses
  1. 164668.00
Year Built
  1. 1976
Zoning
  1. LAR3