Homes for sale - 9325 Sylmar AVE, Panorama City, CA 91402

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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 2,800,000

Est. payment | -/mo

20 Beds

12 Baths

8,156 SqFt

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$ 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

Listed by Kelly Morgan • KW Advisors

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

9325 Sylmar AVE Panorama City, CA 91402

Josh Gregorio

Key Details

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9325 Sylmar AVE