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Multifamily

Panorama City Portfolio

14808 Blythe St, Los Angeles, CA 91402

Listing Price: $10,995,000

Cap Rate
4.09%
Number of Units
50
Price/Unit
$219,900
Price/Gross SF
$251.15
Gross SF
43,778

Investment Overview

Marcus & Millichap is please to present the Panorama City Portfolio, comprised of three contiguous multifamily properties. Built in 1956 & 1962, the Panorama City Portfolio offers investors the unique opportunity to acquire three multifamily properties with 50 units total. The portfolio is comprised of a strong unit mix ( 4- 3+2, 23-2+2, 5-2+1, 18-1+1 ). Investors can take advantage of this phenomenal chance to implement a value add business plan and realize fantastic rental upside as units turn. The portfolio is situated on a large R3 Lot in a TOC Tier 3 Zone & Qualified Opportunity Zone.

Investment Highlights

  • 3 Contiguous Properties Located in TOC Tier 3
  • Located in Qualified Opportunity Zone
  • Potential Opportunity to Implement an ADU Conversion of a Parking Garage (*Buyer to Investigate)
  • Earthquake Retrofit Completed
  • Fantastic Value Add Opportunity
  • Significant Upside in Rents as Units Turn
  • Attractive, Below Market Assumable Financing Available for 14808 Blythe

Exclusively Listed By

Financing By

Multifamily

Panorama City Portfolio

Listing Price: $10,995,000

Cap Rate
4.09%
Number of Units
50
Price/Unit
$219,900
Price/Gross SF
$251.15
Gross SF
43,778

Investment Highlights

  • 3 Contiguous Properties Located in TOC Tier 3
  • Located in Qualified Opportunity Zone
  • Potential Opportunity to Implement an ADU Conversion of a Parking Garage (*Buyer to Investigate)
  • Earthquake Retrofit Completed
  • Fantastic Value Add Opportunity
  • Significant Upside in Rents as Units Turn
  • Attractive, Below Market Assumable Financing Available for 14808 Blythe

Investment Overview

Marcus & Millichap is please to present the Panorama City Portfolio, comprised of three contiguous multifamily properties. Built in 1956 & 1962, the Panorama City Portfolio offers investors the unique opportunity to acquire three multifamily properties with 50 units total. The portfolio is comprised of a strong unit mix ( 4- 3+2, 23-2+2, 5-2+1, 18-1+1 ). Investors can take advantage of this phenomenal chance to implement a value add business plan and realize fantastic rental upside as units turn. The portfolio is situated on a large R3 Lot in a TOC Tier 3 Zone & Qualified Opportunity Zone.

Exclusively Listed By

Financing By

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