8843 Tilden Ave - Apartments FOR SALE


Panorama City, CA 91402
$1,295,000 USD
818-381-6601
8843 Tilden Ave, Panorama City, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/33
null | 3.65% Cap Rate

8843 Tilden Ave
Panorama City, CA 91402


HIGHLIGHTS

  • Great Panorama City Location
  • Individually Metered for Gas and Electricity
  • Residential Financing
  • Garage Income
  • City Trash
  • New ADU CofO in 2021

OVERVIEW

Welcome to 8843-8845 Tilden Ave – A Prime Investment Opportunity in Panorama City! This exceptional multi-unit property offers a beautifully updated duplex along with a legal ADU, perfectly positioned near Panorama Mall and Plaza del Valle. The triplex consists of a spacious 3-bed, 1-bath unit, a 2-bed, 1-bath unit, and a modern studio ADU with 1 bath. The duplex units were remodeled between 2019 and 2020, and the ADU was legalized in 2021, making this an ideal, low-maintenance investment. Each unit is individually metered for gas and electricity, and tenants are billed separately for water, offering excellent operational efficiency. Set on a generous 6,404 square foot lot, the property provides ample outdoor space, including a front yard, backyard, and private gated entry for the ADU. With six open parking spaces, there's plenty of room for residents and guests. Located just a short distance from popular shops, restaurants, grocery stores, and major freeways like the I-405, I-5, CA-118, and CA-170, this property ensures convenient access to all parts of Los Angeles. Priced competitively and poised for long-term appreciation, this is a remarkable opportunity for investors or owner-users looking for value and future growth potential. Don't miss out on this fantastic property!

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$630 USD /SF

# OF UNITS

3

PRICE/UNIT

$431,667

CAP RATE

3.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAR2

APN/PARCEL ID

2639-006-015

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.