14830 Parthenia ST Active

Panorama City,CA 91402

$ 1610000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD25164884

Year Built 1976

Lot Size 8,492 Sqft

Source California Regional MLS

Property Description

Owner retiring priced to sell. Owner might carry financing with min of 25% to 30% down 3- to 5 years interest only at amazing rate Excellent to add one or two ADU and still have lots of parking. This 4,724 sq. ft. multifamily apartment building offers a compelling investment opportunity in the heart of Panorama City. Built in 1976, the property comprises 9 one-bedroom, one-bathroom units, each featuring spacious floor plans. The building is situated on a 0.20-acre lot, providing ample space for residents. With a 100% occupancy rate, this property demonstrates strong rental demand and consistent income potential. Located between Sepulveda and Van Nuys on Parthenia, the property offers convenient access to major freeways, including the 405, 170, and 101. Residents benefit from proximity to the Sepulveda Recreation Center, North Hills Park, Walmart, Panorama Mall, and the LA Kings Valley Ice Center. The neighborhood boasts a walk score of 66, indicating a somewhat walkable environment, and a transit score of 52, reflecting good public transportation options. With a fully leased status and a strong rental demand in the area, this property presents a stable income-generating asset. The combina- tion of its strategic location, well-maintained units, and favorable financial

Location

State CA

County Los Angeles

Area Pc - Panorama City

Interior

Flooring Laminate

Laundry Community Facility

Exterior

Parking Features Assigned Spaces

Garage Spaces 20.0

Pool None

Roof Type Flat / Low Pitch

Building

Water District - Public

Others

Tax ID 2653015044

Special Listing Condition Not Applicable

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