8924 Van Nuys Boulevard, Panorama City, CA 91402
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Listed Price :
$3,165,000
-
Beds :
26
-
Baths :
26
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Property Size :
15,670 sqft
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Year Built :
1960
Property Description
This prime property boasts 18 well-appointed units, including 2 singles, 9 one-bedroom/one-bath, 4 two-bedroom/1.5-bath, 2 three-bedroom/two-bath, and 1 four-bedroom/2.5-bath units. Residents enjoy amenities, such as a refreshing swimming pool, convenient on-site laundry facilities, and secure on-site parking. Recently undergoing a soft story retrofit in 2021, this property offers a significant upside potential of approximately 83%, making it an ideal acquisition for savvy investors. Strategically located on Van Nuys Blvd, just south of Nordhoff, the apartments boast a Walk Score of 78, enabling residents to accomplish most errands on foot. Proximity to major freeways (405, 5, and 118), hospitals (Kaiser Permanente), and schools (Vista Middle School, Chase Elementary, and James Monroe High School) further enhances its appeal. With the upcoming East San Fernando Valley Light Rail Transit Project, featuring 11 stations along a 6.7-mile stretch (most on Van Nuys Blvd), the property will be conveniently positioned within a short walking distance to one of the stops at Van Nuys Blvd and Nordhoff St. Don't miss this exceptional opportunity to invest in a prime asset with tremendous growth potential.
Interior Features
| Bedroom Information |
| Bedrooms |
26 |
| Bathroom Information |
| Bathrooms |
26 |
Listing Information
| Address |
8924 Van Nuys Boulevard |
| City |
Panorama City |
| State |
CA |
| Zip |
91402 |
| County |
Los Angeles |
| Listing Agent |
Luis Morales DRE #01485986 |
| Courtesy Of |
Remax Commercial and Investment Realty |
| List Price |
$3,165,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
15,670 |
| Lot Size |
14,570 |
| Year Built |
1960 |
Listing information courtesy of: Luis Morales, Remax Commercial and Investment Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 16th, 2024 at 1:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
