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Ever Banuelos

ever.banuelos@gmail.com +1(323) 833-9824

$899,000

Est. payment - /mo

5 Beds

2 Baths

1,794 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,794 sqft

Price per Sqft $501

MLS Listing ID 26691831

Style Unknown

Bedrooms 5

Year Built 1948

Lot Size 6,407 Sqft

Acres 0.1471

Property Sub-Type Multi-Family

Property Description

Excellent opportunity to acquire a well-maintained duplex in the heart of Panorama City, centrally located within the San Fernando Valley with convenient access to major freeways, shopping centers, schools, and employment hubs. The property consists of two spacious units, including a 3-bedroom, 1-bathroom unit currently generating $2,995/month featuring a private yard and in-unit laundry, and a 2-bedroom, 1-bathroom unit generating $2,250/month with a welcoming front porch. Additional income is generated from parking at $155/month. The property offers strong fundamentals with no subsidized tenancy and professional management in place, providing ease of ownership and operational stability, and is offered at an attractive 5.31% CAP rate.The lot includes a detached 2-car garage located at the rear, presenting excellent ADU potential for additional income or future value enhancement (buyer to verify). There are also three driveway parking spaces without the need to utilize the garage, adding further convenience for tenants. Both units are equipped with tankless water heaters, improving efficiency and reducing operating costs.Situated in a high-demand rental market, Panorama City continues to benefit from its central location, proximity to the 405, 5, and 170 freeways, nearby retail such as Panorama Mall, and ongoing neighborhood growth. This asset presents an ideal opportunity for investors seeking stable cash flow with upside potential through ADU development or rental increases. -- PHOTOS FROM PRIOR TO TENANTS OCCUPIED UNITS --

Location

State CA

County Los Angeles

Area Panorama City

Zoning LAR2

Rooms

Other Rooms Other

Interior

Heating Natural Gas, Wall

Cooling Other

Flooring Mixed

Fireplaces Type None

Equipment Built-Ins, Other

Laundry Other

Exterior

Parking Features Assigned, Driveway, On street

Garage Spaces 5.0

Pool None

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Story 1

Sewer In Street

Water Public

Architectural Style Unknown

Level or Stories One

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Trimax Realty, Inc.

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Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

8837 Tilden Ave Panorama City, CA 91402

Ever Banuelos

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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