Panorama City, CA 91402,8361 CEDROS AVE

$1,560,000

Est. payment /mo

$1,595,000

2.2%
Est.Price: ?

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8361 CEDROS AVE Panorama City, CA 91402

7,457 Sqft Lot

SOLD DATE : 03/31/2014

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

Parking Features Underground

Total Parking Spaces 17

Building

Story 2

Others

Senior Community No

Tax ID 2653019042

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Alex Galuz • Keller Williams Realty Calabasas
Bought with Alex Galuz • Crescent Real Estate Corporation

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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