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9075 Cedros Ave
Panorama City, CA 91402
Multifamily Property For Sale
·
33 Units
PROPERTY FACTS
| No. Units | 33 | Building Size | 30,018 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1995 |
| Building Class | C | Parking Ratio | 2.6/1,000 SF |
| Lot Size | 1.15 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.15 AC |
| Building Size | 30,018 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1995 |
| Parking Ratio | 2.6/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
ABOUT 9075 CEDROS AVE , PANORAMA CITY, CA 91402
Built in 1995, this 33 unit building with significant rental upside represents a great investment opportunity. Located on a 50,094 square foot corner lot in Panorama City this charming, garden-style 2-story walk-up building has a great unit mix and historically low vacancy. Amenities include a large, charming garden courtyard, gated and secure pedestrian and parking entries, easy surface parking with approximately 40 spaces and two laundry rooms. The building is separately metered for gas and electric. The property is in close proximity to many restaurants, shops, bus lines and major thoroughfares. Its close proximity to the 405 freeway makes easy access to the Westside as well. Panorama City is a district in the San Fernando Valley region of Los Angeles and bordered by North Hills, Van Nuys, Sun Valley and Mission Hills. Major thoroughfares include Roscoe Boulevard, Van Nuys Boulevard and Sepulveda Boulevard. The city is also served by the San Diego and Hollywood Freeways. **Property being sold by court-appointed receiver and may be subject to court confirmation and overbid hearing.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 10 | - | - |
| 2+2 | 11 | - | - |
| 3+2 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 2651-012-214 | Improvements Assessment | $3,870,288 |
| Land Assessment | $5,805,432 | Total Assessment | $9,675,720 |
PROPERTY TAXES
