Panorama City, CA 91402,9075 Cedros AVE
Panorama City, CA 91402,9075 Cedros AVE
Panorama City, CA 91402,9075 Cedros AVE
$9,300,000
Est. payment /mo
$9,950,000
6.5%
Est.Price: ?

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1.15 Acres Lot
SOLD DATE : 12/25/2022

Key Details

Sold Price $9,300,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID TR22224053

Sold Date 12/25/22

HOA Y/N No

Year Built 1995

Lot Size 1.146 Acres

Property Description

We pleased to present the rare opportunity to acquire a 33-unit multi-family investment in Panorama City, California. The property is located at 9075 Cedros Ave, Panorama City in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and high rental demansds area, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 8 one-bedroom units, 21 two-bedroom units, 4 three-bedroom units. This property offers value add and potential upside on rent for investors to invest an asset with well-maintained condition. The property was built in 1995, only subject to AB-1482. New paint is done recently. Existing loan is assumable at 4.05% interest rate!

Location

State CA

County Los Angeles

Area Pc - Panorama City

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Assigned

Pool None

Community Features Urban

Parking Type Assigned

Private Pool No

Building

Lot Description Lot Over 40000 Sqft

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2651012214

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Financing Assumed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Grady Liu • MacroReal Inv Grp Inc.
Bought with Hao Ding • MacroReal Inv Grp Inc.

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Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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