9119 Wakefield Avenue,  Panorama City CA, 91402 (Residential Income)

742 sqft
Status: Sold
MLS#: SR15160507
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Last Updated: 12/8/2016 3:09 AM
Description for 9119 Wakefield Avenue Panorama City, CA 91402
Great opportunity for an investor to buy a cash flowing 8 property portfolio with below market rents which includes this 2 bedroom two bath condominum with a nice floor plan in Panorama City along with two single family residences (3+2)&(2+1) located in Sunland and Tujunga, as well as 5 additional two level 2 bdrm 2 bath townhomes in North Hills. Rents may be raised to market rate pursuant to the Costa Hawkins Act. All properties are on a month to month rental basis. Buyer to verify all information. The 3+2 home is 1034 sq. ft. and the 2 + 1 home is 992 sq. ft. on a 5313 sq. ft.lot. The five two level 2+2 North Hills townhomes are each 935 sq. ft. and the 2+2 Panorama City condominium is 742 sq. ft. The North Hills Townhomes have nice floor plans as well and sunny interiors.
Price
Sold Price:
$100,000
Sold Date:09/25/2015
Los Angeles
742 (approx)
SR15160507
Closed
Description
Great opportunity for an investor to buy a cash flowing 8 property portfolio with below market rents which includes this 2 bedroom two bath condominum with a nice floor plan in Panorama City along with two single family residences (3+2)&(2+1) located in Sunland and Tujunga, as well as 5 additional two level 2 bdrm 2 bath townhomes in North Hills. Rents may be raised to market rate pursuant to the Costa Hawkins Act. All properties are on a month to month rental basis. Buyer to verify all information. The 3+2 home is 1034 sq. ft. and the 2 + 1 home is 992 sq. ft. on a 5313 sq. ft.lot. The five two level 2+2 North Hills townhomes are each 935 sq. ft. and the 2+2 Panorama City condominium is 742 sq. ft. The North Hills Townhomes have nice floor plans as well and sunny interiors.
Listing Information
Property Type: Cluster, 1 Story
0.95 Acres 41,185 sq.ft. 742 (approx)
$134.77 1978
Yes- 2 spaces 1
Public Water Service
Sewer Connected, Sewer at Street
Electric service available
1 Total
Neighborhood
Room Information
First Floor Bedroom
Common
Interior Features
Carpet Wall to Wall, Carpet and Other, Ceramic Tile
Central Air
Living Room, Master Bedroom, Gas Burning
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces
Pool
Suburban
Financial Considerations
$250
2639008089
$99,660 Income ,$29,898Expense
Listing Price History

Panorama City Real Estate

Panorama City is located in California. Panorama City, California 91402 has a population of 70,749.

The median household income in Panorama City, California 91402 is $39,170. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Panorama City 91402 is 29.7 years.

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Courtesy: Keller Williams Encino-Sherman Pauline Chernick
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