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14924 Roscoe Boulevard

Panorama City, CA 91402
  • $3,590,000
  • STATUS: Closed
  • ON SITE: 102 Days
  • ID#: 24345953
Sold - 04/05/2024
$3,590,000
SOLD - 04/05/2024
  • 19
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,422
    SQFT
  • $267
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Hooman Emanuel of Keller Williams Studio City (818-432-1500)


Description

Value Add 17 unit building in the North Valley. Property is priced at a 5.94% current cap rate. Great unit mix of Studio, 1's, 2's and 3 bedroom units. Close proximity to public transportation, employment, and shopping. Proforma cap rate of over 8.29% and located in a dense rental area makes this an ideal value add building with no where to go but up. Property is also located in a Qualified Opportunity Zone. Make sure you check out the building video tour and OM. Call listing agent with any questions.

Sold by Ashkan Manzar of Privilege Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/146531599
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14924 Roscoe Boulevard Panorama City, CA 91402

  • Price: $3,699,000
  • Status: Closed
  • On Site: 102 Days
  • Updated: 145 min ago
  • ID#: 24345953
19
Beds
0
Baths
0
½ Baths
0.39
Acres
13,422
SQFT
$267
$/SQFT
1963
Built
Neighborhood:
PC - Panorama City
County:
Los Angeles
Area:
PC - Panorama City
Property Description
Value Add 17 unit building in the North Valley. Property is priced at a 5.94% current cap rate. Great unit mix of Studio, 1's, 2's and 3 bedroom units. Close proximity to public transportation, employment, and shopping. Proforma cap rate of over 8.29% and located in a dense rental area makes this an ideal value add building with no where to go but up. Property is also located in a Qualified Opportunity Zone. Make sure you check out the building video tour and OM. Call listing agent with any questions.
Exterior Features

Parking Features AssignedCovered Parking Total 14

Interior Features

Appliances DishwasherMicrowave Cooling Wall/Window Unit(s) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Buyer Financing Cash Cap Rate 5.94 Gross Income 349743 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 219682 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Hooman Emanuel of Keller Williams Studio City (818-432-1500)