14830 Parthenia ST Panorama City, CA 91402
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25164884
HOA Y/N No
Year Built 1976
Lot Size 8,489 Sqft
Property Sub-Type Apartment
Property Description
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
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 11.0
Garage Description 11.0
Pool None
Community Features Curbs
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Flat
Total Parking Spaces 20
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2653015044
Acceptable Financing Cash to New Loan, Owner Will Carry
Listing Terms Cash to New Loan, Owner Will Carry
Special Listing Condition Standard
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