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Sold Date7/30/2021
Closed

9261 Wakefield AvenuePanorama City, California CA91402-6744

Listing IDSR21055286

24,428 SqFt 0.889 Acres

$7,350,000

9261 Wakefield is located in Panorama City one near the major cross street of Van Nuys Blvd and Nordhoff Street. The property is comprised of 24,428 sq.ft. building and 38,700 Sq.Ft. Lot (Almost an acre). This (25) Twenty Five Unit Apartment building is comprised of (1) One (3) Three Bedroom and (1) Bath House, (12) Twelve (2) Two Bedroom and (2) Two Bath Units with lofts and (12) Twelve (2) Two Bedroom and (2) Bath Units. Each of the (2) Two Bedroom and (2) Two Bath Units with lofts is has its own private balcony. The Lofts could be used as a third bedroom if needed. The Three Bedroom house has a full basement. The property has on-site laundry. The building has 64 parking spaces. The property is subject to statewide rent control. The investment includes rental upside. The property is Invidually metered for gas and electricity and each unit has central air conditioning.
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