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8421 Cedros Ave
Panorama City, CA 91402
Built in 1986 | No LA Rent Control · Multifamily Property For Sale
·
75 Units
Investment Highlights
- Built in 1986 | No LA Rent Control
- Value Add | 33% Upside in Rents
- Can Close Escrow at 4.30% CAP
- First Time on Market in 28 Years
- All Units are Eligible for Increase
- Unit Mix: (63) 1-Bed & (12) 2-Bed
Property Facts
| No. Units | 75 | Lot Size | 0.68 AC |
| Property Type | Multifamily | Building Size | 51,492 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.01/1,000 SF |
| Zoning | R4 | ||
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 51,492 SF |
| No. Stories | 3 |
| Year Built | 1986 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Recycling
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 63 | $1,344 | 650 |
| 2+1 | 12 | $1,546 | 850 |
Property Taxes
| Parcel Number | 2653-019-052 | Improvements Assessment | $10,799,352 |
| Land Assessment | $7,199,568 | Total Assessment | $17,998,920 |
Property Taxes
Parcel Number
2653-019-052
Land Assessment
$7,199,568
Improvements Assessment
$10,799,352
Total Assessment
$17,998,920
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