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20209881
20209882

8845 Tilden Ave, Los Angeles, CA 91402

JA
CA CA 01822661
KW Commercial Studio City
MP
CA 01274379
KW Commercial Studio City
Listed by KW Commercial Studio City
$1,050,000
641 days on market
Updated 24 days ago

Triplex in Panorama City

Details
APN 2639-006-015
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 2,057
Units 3
Cap Rate 5.08%
NOI $53,383
Occupancy 100%
Pro-Forma Cap Rate 4.78%
Pro-Forma NOI $50,231
Price per SqFt $630
Broker Co-Op Yes
Class B
Year Built 1948
Year Renovated 2020
Buildings 1
Stories 1
Lot Size (SqFt) 6,404
Zoning LAR2
Investment Type Stabilized
Ground Lease No

Triplex in Panorama City

Marketing description

Welcome to 8843-8845 Tilden Ave – A Prime Investment Opportunity in Panorama City!

This exceptional multi-unit property offers a beautifully updated duplex along with a legal ADU, perfectly positioned near Panorama Mall and Plaza del Valle. The triplex consists of a spacious 3-bed, 1-bath unit, a 2-bed, 1-bath unit, and a modern studio ADU with 1 bath.

The duplex units were remodeled between 2019 and 2020, and the ADU was legalized in 2021, making this an ideal, low-maintenance investment. Each unit is individually metered for gas and electricity, and tenants are billed separately for water, offering excellent operational efficiency.

Set on a generous 6,404 square foot lot, the property provides ample outdoor space, including a front yard, backyard, and private gated entry for the ADU. With six open parking spaces, there's plenty of room for residents and guests.

Located just a short distance from popular shops, restaurants, grocery stores, and major freeways like the I-405, I-5, CA-118, and CA-170, this property ensures convenient access to all parts of Los Angeles.

Priced competitively and poised for long-term appreciation, this is a remarkable opportunity for investors or owner-users looking for value and future growth potential. Don't miss out on this fantastic property!

Investment highlights

Unit Mix: 1-Single | 1-2+1 | 1-3+1

Individually Metered For Gas & Electric

Great Panorama City Location

Short Distance To I-405, I-5, & CA-170 Freeway

Nearby Shopping/Transit Access

Short Distance To Van Nuys Transit Station

Panorama Mall Nearby

Listing Contacts

JA
CA CA 01822661
KW Commercial Studio City
MP
CA 01274379
KW Commercial Studio City
Listed by KW Commercial Studio City

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,383.00
$4,448.58/mo

Valuation Metrics

0
DSCR
5.08%
Cap Rate
5.08%
ROI

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Additional Information

Name
James Antonucci
License
CA 01822661
Brokerage
KW Commercial Studio City
Brokerage Phone
8183816601
Title
Vice President of Investments
Brokerage Address
4605 Lankershim Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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