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14808 Blythe Street

Panorama City, CA 91402
  • $10,995,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 22184363
$10,995,000
  • 0
    BEDS
  • 1.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Jeffrey Louks of Marcus & Millichap (818-212-2700)


Description

We are pleased to present the Panorama City Portfolio, comprised of three contiguous multifamily properties (14808 Blythe, 14820 Blythe & 7918 Kester.) Built in 1956 & 1962, the Panorama City Portfolio offers investors the unique opportunity to acquire three multifamily properties with 50 units total. The portfolio is comprised of a strong unit mix ( 4- 3+2, 23-2+2, 5-2+1, 18-1+1). Investors can take advantage of this phenomenal chance to implement a value add business plan and realize fantastic rental upside as units turn. The portfolio is situated on a large R3 Lot in a TOC Tier 3 Zone & Qualified Opportunity Zone.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T00:26:16.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131434740
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14808 Blythe Street Panorama City, CA 91402

  • Price: $10,995,000
  • Status: Active
  • On Site: 15 Days
  • ID#: 22184363
0
Beds
0
Baths
0
½ Baths
1.24
Acres
1962
Built
Neighborhood:
PC - Panorama City
County:
Los Angeles
Area:
PC - Panorama City
Property Description
We are pleased to present the Panorama City Portfolio, comprised of three contiguous multifamily properties (14808 Blythe, 14820 Blythe & 7918 Kester.) Built in 1956 & 1962, the Panorama City Portfolio offers investors the unique opportunity to acquire three multifamily properties with 50 units total. The portfolio is comprised of a strong unit mix ( 4- 3+2, 23-2+2, 5-2+1, 18-1+1). Investors can take advantage of this phenomenal chance to implement a value add business plan and realize fantastic rental upside as units turn. The portfolio is situated on a large R3 Lot in a TOC Tier 3 Zone & Qualified Opportunity Zone.
Exterior Features

Parking Features Assigned Parking Total 49

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association Fee 0 Gross Income 816384 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 450233 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T00:26:16.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Jeffrey Louks of Marcus & Millichap (818-212-2700)