CA > Panorama City
Panorama City, CA 91402,14830 Parthenia ST
Panorama City, CA 91402,14830 Parthenia ST
Panorama City, CA 91402,14830 Parthenia ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,610,000
Est. payment /mo
8,489 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25164884

HOA Y/N No

Year Built 1976

Lot Size 8,489 Sqft

Property Sub-Type Apartment

Property Description

Owner retiring priced to sell. Owner might carry financing with min of 25% to 30% down 3- to 5 years interest only at amazing rate
Excellent to add one or two ADU and still have lots of parking.
This 4,724 sq. ft. multifamily apartment building offers a compelling investment opportunity in the heart of Panorama City. Built in 1976,
the property comprises 9 one-bedroom, one-bathroom units, each featuring spacious floor plans. The building is situated on a 0.20-acre
lot, providing ample space for residents. With a 100% occupancy rate, this property demonstrates strong rental demand and consistent
income potential.
Located between Sepulveda and Van Nuys on Parthenia, the property offers convenient access to major freeways, including the 405, 170,
and 101. Residents benefit from proximity to the Sepulveda Recreation Center, North Hills Park, Walmart, Panorama Mall, and the LA
Kings Valley Ice Center. The neighborhood boasts a walk score of 66, indicating a somewhat walkable environment, and a transit score of
52, reflecting good public transportation options.
With a fully leased status and a strong rental demand in the area, this property presents a stable income-generating asset. The combina-
tion of its strategic location, well-maintained units, and favorable financial metrics makes it an attractive option for investors seeking
long-term growth and consistent cash flow.

Location

State CA

County Los Angeles

Area Pc - Panorama City

Zoning LAR3

Interior

Flooring Carpet, Laminate

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 11.0

Garage Description 11.0

Pool None

Community Features Curbs

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 20

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2653015044

Acceptable Financing Cash to New Loan, Owner Will Carry

Listing Terms Cash to New Loan, Owner Will Carry

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Arthur Mangassarian Re/Max Tri-City Realty 818-636-8899

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