7910 Brimfield Ave | Panorama City, CA 91402
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- LoopNet Team
7910 Brimfield Ave
Panorama City, CA 91402
Only $158K per Unit | Approx. 59% Rent Upside · Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Only $158,214 per Unit – Excellent Value at Low Entry Point for San Fernando Valley Real Estate
- Outstanding Value-Add Opportunity – Rents Approximately 59% Below Market
- Mere Blocks from Pending Panorama City Center Development – Future 4.5-Million Square Foot Mixed-Use Destination on 17-Acre Site
- All Seismic Retrofit Repairs Completed – Approximately $230,000 in Seismic Upgrades Made by Current Owner (Buyer to Verify)
- Mostly Copper Plumbing, Several Individual Water Heaters
- Two Blocks from Upcoming East San Fernando Valley Light Rail Transit Line
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 9,094 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Zoning | R3, Los Angeles | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 9,094 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | R3, Los Angeles |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $1,227 | 590 |
| 2+1 | 2 | $1,262 | 1,000 |
PROPERTY TAXES
| Parcel Number | 2209-041-002 | Improvements Assessment | $1,490,553 |
| Land Assessment | $995,598 | Total Assessment | $2,486,151 |
PROPERTY TAXES
Parcel Number
2209-041-002
Land Assessment
$995,598
Improvements Assessment
$1,490,553
Total Assessment
$2,486,151
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