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8361 CEDROS AVE Panorama City, CA 91402
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Key Details
Sold Price $1,560,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 14727709
Sold Date 03/31/14
HOA Y/N No
Year Built 1985
Lot Size 7,457 Sqft
Property Description
This is clean NON RENT CONTROLLED building in a dense pocket of the San Fernando Valley called Panorama City. The property has no vacancies and boasts updated units with vaulted ceilings- making these units much more desirable than the surrounding units. The ample parking of 17 spaces also makes these units that much more desirable. The rents are not maximized and have immediate upside potentialThe unit mix is favorable as the 2 bedrooms also have 2 baths. There is an on site manger that handles the management and maintenance of the property for a mere $200 per month- saving the owner time and money with this easy management. The construction year of 1985 provides for all copper plumbing and newer electrical panels and breakers as well as the versatility with the rent control laws.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Zoning LAR4
Interior
Heating WallFurnace
Fireplace No
Exterior
Garage Underground
Parking Type Underground
Total Parking Spaces 17
Building
Story 2
Others
Senior Community No
Tax ID 2653019042
Special Listing Condition Standard
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Bought with Alex Galuz • Crescent Real Estate Corporation