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For sale
  • $3,300,000

    14811 Parthenia St, Panorama City, CA 91402

    27beds
    16baths
    11,403sqft
    : 
    Multi Family
    Built in 1976
    -- sqft lot
    $3,188,900 Zestimate®
    $289/sqft
    $-- HOA

    What's special

    Gated parkingOn-site laundry facilities
    This exceptional investment opportunity is located just steps away from the Icon Panorama City, a transformative development that is set to rejuvenate the area and drive significant economic growth. As construction begins on this highly anticipated 584,000-square-foot mixed-use center, property values in the surrounding neighborhood are expected to rise, making this an ideal acquisition for long-term investors. With increased demand, premium rental rates, heightened location desirability, and a thriving retail environment, this property is well-positioned for substantial appreciation. Featuring a well-balanced unit mix of spacious two- and three-bedroom units, this building caters to a wide range of tenants, ensuring strong occupancy rates and consistent rental income. Residents enjoy the convenience of on-site laundry facilities and gated parking, adding to the property's appeal. The location is highly accessible, centrally positioned east of the I-405, west of the 170, and north of the 101 freeway, making it easy for commuters and residents alike. Beyond its prime location, the property benefits from its proximity to a wide variety of dining, shopping, and entertainment venues along Roscoe Boulevard, further enhancing its desirability for tenants and future buyers. The ongoing development of the Icon Panorama City is set to redefine the area, bringing new business opportunities, increasing foot traffic, and elevating the standard of living in the neighborhood. This is a rare opportunity to invest in an area on the rise. With the expected growth in rental demand, increasing property values, and a revitalized commercial landscape, this property offers a secure and lucrative investment in one of the most promising areas of the San Fernando Valley. Don't miss your chance to secure a high-potential asset in a market poised for long-term success!
    51 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 06:50am

    Listed by:

    Tony Azzi DRE # 00910513 310-666-2828,

    Tony Azzi 310-909-5454

    Source: CLAW,MLS#: 25513023MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 27
    • Bathrooms: 16
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 11,403
    • Total interior livable area: 11,403 sqft

    Property

    Parking
    • Total spaces: 24
    • Parking features: Concrete
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Courtyard
    Lot
    • Size: 0.4 Acres
    Details
    • Additional structures: Other
    • Zoning: LARD1.5
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1976

    Community & HOA

    Location
    • Region: Panorama City

    Financial & listing details

    • Price per square foot: $289/sqft
    • Tax assessed value: $129,251
    • Date on market: 3/19/2025
    • Total actual rent: 21338
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