Intero Real Estate Services
Ana Maria Russo, Intero Real Estate ServicesPhone: (408) 691-5837
Email: arusso@intero.com
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listing
1 of 27
Residential IncomeFor Sale
$3,499,000
9256 Wakefield Avenue
Panorama City, CA 91402
Listing Office: Dream Homes Of LA
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$18,161/mo

NO 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.

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