Homes For Sale In California

$5,800,000

23,204 Sqft Lot

Visits : 3 In 14 Days

14696 Rayen Street, Panorama City, California 91402

Residential Income Property Type
10 Days Time On Market
No Cars Garage
1964 Year Built

Property Description

We are pleased to present the opportunity to acquire a 27-unit value-add multifamily, located in Panorama City. Built in 1964, the subject proporty is located at one of the most desirable rental market in San Fernando Valley, and it offers an excellent unit mix with the majority of the 2-bedroom units. Selected units are renovated. The ownership has completed the seismic retrofitting. The roof was replaced in 2024.

Basic Details

Property Type: Residential Income

Listing Type: For Sale

Listing ID: TR25013420

Price: $5,800,000

Year Built: 1964

Lot Area: 23,204 Sqft

Status: Active

Property Sub Type: Mixed Use

Features

Swimming Pool: No

Heating System: No

Cooling System: No

Basement: No

Fence: No

View: No

Pet Allowed: No

Fireplace: No

Security: No

Patio: No

Parking: No

Furnished: No

Appliances: No

Architectural Style: No

Association Amenities: No

Community Features: Valley

Parking Features: Assigned

Pool Expense$0

Roof: No

Sewer: Public Sewer

Spa Features: No

Address Map

State: California

County: Los Angeles

City: Panorama City

Zipcode: 91402

Street14696 Rayen Street

Floor Number0

LongitudeW119° 32' 48.2''

LatitudeN34° 13' 53.1''

Additional Info

Office NameMacroReal Inv Grp Inc.

ListOfficeMlsIdPB7966

Accessibility Features: No

Association Fee$0

Building Area19,742 Sqft

Building Features: No

Business Type: No

CableTv Expense$0

CapRate5.61

Construction Materials: No

Cumulative DOM10

DOM10

Development Status: No

Electric: No

Electric Expense$0

Exterior Features: No

Flooring: No

Frontage Type: No

Garage Spaces0

Interior Features: No

Lease Term: No

Lot Features: No

Maintenance Expense$0

Ownership Type: No

Parcel Number2653003005

Special Listing Conditions: Standard

Stories Total2

Structure Type: No

Tax Annual Amount$0

Utilities: No

Waterfront Features: No

Window Features: No

ZoningLAR3

ClosePrice$0

HabitableResidenceYNNo

HorseYNNo

NewConstructionYNNo

SeniorCommunityYNNo

BuyerAgentAOR: No

BuyerAgentDesignation: No

CoListAgent2AOR: No

BuyerOfficeAOR: No

CoListOffice2AOR: No

ListOfficeAOR: Tricounties

ListAgentOfficePhone626-898-5868

ListOfficePhone626-898-5868

CoListAgentStateLicense02024511

ListAgentStateLicense01290494

Map View

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Agent info

On The GO-Real Estate.com

Larry Echavarria
View website
760-686-3049
760-718-0551
Lechavarria@onthegorealestate.com

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