9256 Wakefield Avenue, Panorama City, CA 91402
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- MLS#: SR24110132 ( Commercial/Residential )
- Street Address: 9256 Wakefield Avenue
- Viewed: 4
- Price: $3,499,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1987
- Bldg sqft: 0
- Days On Market: 238
- Additional Information
- County: LOS ANGELES
- City: Panorama City
- Zipcode: 91402
- Provided by: Dream Homes Of LA
- Contact: Marlon Marlon
- DMCA Notice
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DescriptionNO RENT CONTROL. Great Investment Opportunity located in the heart of Panorama City. The property features 20 total beds, 20 baths and a unit mix of (6) two bedroom, two bath units, (4) two bedroom, two bath unit plus loft (could be used as 3rd bedroom). Each unit averages $2,170 per month in rent and market rents average $2,500 per month, with an upside potential. Ample parking: there are 24 total parking spaces on site (2 per unit + 2 guest). First floor units have private patios. Both gas and electric are separately metered. Multiple upgrades to the property have been made. Central A/C & heating; Security Camera system; commercial water heater; exterior led lights, etc. This 10 unit complex is located on one of the most beautiful and coveted streets in Panorama City. The building is fully leased with very faithful tenants. SIGNIFICANT UPSIDE POTENTIAL IN RENT.
Property Location and Similar Properties
Features
Association Fee
- 0.00
Building Area Total
- 7674.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Cooling
- Central Air
Country
- US
Days On Market
- 127
Electric Expense
- 12000.00
Flooring
- Tile
Fuel Expense
- 4200.00
Garage Spaces
- 0.00
Heating
- Central
Insurance Expense
- 3000.00
Laundry Features
- See Remarks
Levels
- One
Lockboxtype
- None
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 193288.00
Newtaxesexpense
- 43113.00
Number Of Separate Electric Meters
- 10
Number Of Separate Gas Meters
- 10
Number Of Separate Water Meters
- 10
Otherexpense
- 24600.00
Otherexpensedescription
- 43113
Parcel Number
- 2639009045
Parking Features
- Assigned
- On Site
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Totalactualrent
- 10.00
Totalexpenses
- 67713.00
Trash Expense
- 5400.00
Uncovered Spaces
- 24.00
Virtual Tour Url
- https://d.spiro.media/social/share?orderID=a80d5ee1-d18a-48b5-a1ff-f064a428c96e&pageType=1
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1987
Year Built Source
- Assessor
Zoning
- LARD2