This Multifamily Property is no longer advertised on LoopNet.com.

7911 Willis Ave
Panorama City, CA 91402
 5 Units | Bread and Butter Building · Multifamily Property For Sale · 5 Units

Apartment Buildings California Panorama City 7911 Willis Ave, Panorama City, CA 91402

Investment Highlights

  • 5 Units | Bread and Butter Building
  • Private backyard area ideal for two additional ADU's
  • All tenants are current, steady laundry income | Two Section 8 tenants
  • Easy to Manage | Easy to Rent | Low Maintenance
  • Opportunity Zone | TOC - Tier 3 | Zoned R3
  • Major shopping/ schools/ public transportation and Metrorail are all close by.

Property Facts

No. Units 5 Building Size 3,373 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • Multifamily Dormitory
 No. Stories 2
Apartment Style Low-Rise Year Built 1960
Building Class C Parking Ratio 1.18/1,000 SF
Lot Size 0.14 AC
Zoning LAR3 - The property is zoned R3, in an Opportunity Zone and within the TOC (Transit Oriented Community) with a Tier 3 designation. Room for two ADU's
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 3,373 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Parking Ratio 1.18/1,000 SF
Zoning LAR3 - The property is zoned R3, in an Opportunity Zone and within the TOC (Transit Oriented Community) with a Tier 3 designation. Room for two ADU's

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $1,416 773
1+1 4 $1,319 650 - 674

Links

Property Taxes

Parcel Number 2209-041-024 Improvements Assessment $511,501
Land Assessment $768,313 Total Assessment $1,279,814

Property Taxes

Parcel Number
2209-041-024
Land Assessment
$768,313
Improvements Assessment
$511,501
Total Assessment
$1,279,814
 

  • Listing ID: 25058850

  • Date on Market: 2/15/2022

  • Last Updated:

  • Address: 7911 Willis Ave, Panorama City, CA 91402

The Multifamily Property at 7911 Willis Ave, Panorama City, CA 91402 is no longer being advertised on LoopNet.com. Contact Koenig Properties for information on availability.

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