9415 Sylmar Ave | Panorama City, CA 91402
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- LoopNet Team
9415 Sylmar Ave
Panorama City, CA 91402
2 & 3 Bedroom Units | 4.95% CAP & 12.64 GRM · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Outstanding Unit Mix – All Two- and Three-Bedroom Units
- Full Copper Plumbing, All New Vinyl Windows, and Individual Water Heaters
- Numerous Supplemental Income Opportunities -- Additional Income Streams Created by Four On-Site Laundry Rooms, Storage, and General Parking
- Spacious Floorplans Averaging Approximately 1,000 Square Feet Each
- Huge 31,000 Square Foot Parcel with Ample On-Site Parking – At Least 32 On-Site Parking Spaces
- Attractive 4.95% Current CAP Rate with Opportunity to Add Significant Value to Capture Approximately 34% Rent Upside
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.72 AC |
| Property Type | Multifamily | Building Size | 15,990 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Zoning | RD2 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 15,990 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 2/1,000 SF |
| Zoning | RD2 |
AMENITIES
UNIT AMENITIES
- Storage Space
- Heating
- Kitchen
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | $1,422 | - |
| 3+2 | 4 | $1,715 | - |
PROPERTY TAXES
| Parcel Number | 2644-029-106 | Improvements Assessment | $1,846,501 |
| Land Assessment | $2,769,752 | Total Assessment | $4,616,253 |
PROPERTY TAXES
Parcel Number
2644-029-106
Land Assessment
$2,769,752
Improvements Assessment
$1,846,501
Total Assessment
$4,616,253
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