CA > Panorama City
Panorama City, CA 91402,9325 Sylmar AVE
Panorama City, CA 91402,9325 Sylmar AVE
Panorama City, CA 91402,9325 Sylmar AVE
Panorama City, CA 91402,9325 Sylmar AVE
Panorama City, CA 91402,9325 Sylmar AVE
Panorama City, CA 91402,9325 Sylmar AVE
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GUIDE Real Estate

GUIDE Real Estate

+1(916) 975-2700
$ 2,800,000
Est. payment | /mo

20 Beds

12 Baths

8,156 SqFt

Save
$ 2,800,000
Est. payment | /mo
Save

20 Beds

12 Baths

8,156 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,156 sqft

Price per Sqft $343

MLS Listing ID 24432075

Bedrooms 20

HOA Y/N No

Year Built 1950

Lot Size 0.390 Acres

Lot Dimensions Assessor

Property Description

PRICE REDUCTION - MOTIVATED SELLER***4.09% Cap, 12.37 GRM | 63% Potential Upside In Rents***Possibility To Add Two 3+2 Detached ADUs In The Large Parking Lot Giving You a 5.63% Cap, 10.54 GRM******Please Contact Us For An OM*** 9325 Sylmar Avenue, located in Panorama City, California with 4 (1+1) and 8 (2+1). There are big changes going on near Panorama City and North Hills. Primestor and the city are planning a major development called the "Panorama City Center". This massive development will offer over 5 million square feet of multi-family, retail, restaurants, entertainment, fitness, office, and medical. Basically, a walking city. This adds to other current and future huge developments being planned in the area. Izek Shomof has already converted the Panorama Tower (https://www.panoramatowerla.com), previously an office building, into 194 luxury residential apartments and due it's success, is now planning on building another 200 apartments w/ retail right next door. (https://la.urbanize.city/post/mixed-use-project-moves-forward-8141-van-nuys-panorama-city) We believe these major investments are due to the upcoming Light Rail Transit Line on Van Nuys Blvd. Transit Lines have been proven to change neighborhoods, sometimes increasing rents 25-67%. Large developers know this and build accordingly. These transformative large developments further change the neighborhoods. Nearby property owners receive the benefits. Call us, we can help you profit from this. 3 Blocks From Upcoming SF Valley Light Rail Transit Project | Less than 2 miles from the Future Panorama City Center, a 5,000,000 Sq Ft Transportation Oriented Development sure to Transform the Neighborhood | New Developments Change Neighborhoods, Additional Significant Developments are Planned in the Area by Major Developers

Location

State CA

County Los Angeles

Area Pc - Panorama City

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Uncovered

Total Parking Spaces 24

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2644029007

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Kelly Morgan • KW Advisors
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 975-2700

listings@guiderealestate.com

1610 R Street, Sacramento, California, 95811, United States

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9325 Sylmar AVE