14830 Parthenia Street new Save Request In-Person Tour Request Virtual Tour
Panorama City,CA 91402
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,724 sqft
Price per Sqft $358
MLS Listing ID GD-25164884
Year Built 1976
Lot Size 8,492 Sqft
Property Sub-Type Apartment
Property Description
Owner retiring priced to sell. Owner might carry financing with min of 30% down 3- to 5 years interest only. 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 metrics makes it an attractive option for investors seeking long-term growth and consistent cash flow.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Zoning LAR3
Interior
Flooring Carpet,Laminate
Laundry Community
Exterior
Parking Features Assigned
Garage Spaces 11.0
Pool None
Community Features Curbs
Utilities Available Sewer Connected,Water Connected,Natural Gas Connected
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer