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$ 3,200,000
Est. payment /mo
New
9035 Cedros AVE Panorama City, CA 91402
38 Beds
20 Baths
15,630 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,630 sqft
Price per Sqft $204
MLS Listing ID 25535855
Bedrooms 38
HOA Y/N No
Year Built 1976
Lot Size 0.585 Acres
Property Description
9035 Cedros Ave presents an exceptional multifamily investment opportunity in a strong rental submarket. The property is comprised of sixteen spacious 2-bedroom, 1-bath units and two large 3-bedroom, 1.5-bath units, making it well-suited for both small families and larger households. Residents benefit from gated entry and secured parking, providing enhanced safety and peace of mind. On-site laundry facilities add convenience and offer an additional income stream for ownership. Located in a high-demand area with consistently low vacancy rates, the property enjoys excellent accessibility to the 405, 5, and 118 freewaysan attractive feature for commuting tenants. With significant upside potential, investors have the opportunity to add value through interior renovations and rent increases to market levels, making this a compelling asset for both short-term gains and long-term portfolio growth.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Gated
Attached Garage Yes
Total Parking Spaces 31
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2651012011
Security Features Gated Community
Special Listing Condition Standard
Listed by Tony Azzi • Tony Azzi