Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    14811 Parthenia Street, Panorama City, CA 91402
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    14811 Parthenia Street
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    • MLS#: 25513023 ( )
    • Street Address: 14811 Parthenia Street
    • Viewed: 1
    • Price: $3,300,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1976
    • Bldg sqft: 0
    • Days On Market: 30
    • Additional Information
    • County: LOS ANGELES
    • City: Panorama City
    • Zipcode: 91402
    • Provided by: Tony Azzi
    • Contact: Tony Tony
    • California Regional MLS IDX
    • DMCA Notice
    • 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!
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    Features
    Building Area Total
    1. 11403.00
    Country
    1. US
    Levels
    1. Two
    Netoperatingincome
    1. 173399.00
    Parcel Number
    1. 2653005185
    Parking Features
    1. Concrete
    Sourcesystemkey
    1. 25513023:CLAW
    Totalexpenses
    1. 77273.00
    View
    1. Courtyard
    Year Built
    1. 1976
    Zoning
    1. LARD1.5
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836