Property Description
13.42 GRM | 63% POTENTIAL UPSIDE***Please Contact Us For An OM*** 9325 Sylmar Avenue, located in Panorama City, California with 4 (1+1) and 8 (2+1). There are big changes going on near Panorama City and North Hills. Primestor and the city are planning a major development called the “Panorama City Center”. This massive development will offer over 5 million square feet of multi-family, retail, restaurants, entertainment, fitness, office, and medical. Basically, a walking city. This adds to other current and future huge developments being planned in the area. Izek Shomof has already converted the Panorama Tower (https://www.panoramatowerla.com), previously an office building, into 194 luxury residential apartments and due it’s success, is now planning on building another 200 apartments w/ retail right next door. (https://la.urbanize.city/post/mixed-use-project-moves-forward-8141-van-nuys-panorama-city) We believe these major investments are due to the upcoming Light Rail Transit Line on Van Nuys Blvd. Transit Lines have been proven to change neighborhoods, sometimes increasing rents 25-67%. Large developers know this and build accordingly. These transformative large developments further change the neighborhoods. Nearby property owners receive the benefits. Call us, we can help you profit from this. 5.33% Cap, 11.26 GRM After ADU Construction & Expenses | 63% Potential Upside In Rents | Possibility To Add Two 3+2 Detached ADUs In The Large Parking Lot | 3 Blocks From Upcoming SF Valley Light Rail Transit Project | Less than 2 miles from the Future Panorama City Center, a 5,000,000 Sq Ft Transportation Oriented Development sure to Transform the Neighborhood | New Developments Change Neighborhoods, Additional Significant Developments are Planned in the Area by Major Developers
Features
: No
: Wall Furnace
: Wall/window Unit(s)
: No
: No
: 24
: Uncovered
Address Map
U.S.
California
Los Angeles
Panorama City
91402
9325 Sylmar Avenue
0
W119° 33' 12''
N34° 14' 22.3''
MLS Addon
$0
8,156 Sqft
: No
: No
8
East of Van Nuys Blvd., West of Woodman Ave., North of Tupper, South of Plummer
100x170
: No
2

Residential Income For Sale Panorama City

9325 Sylmar Avenue, Panorama City, Los Angeles, California, 91402

20 Bedrooms
8,156 Sqft
Visits : 19 in 26 days
$3,000,000
Listing ID #24432075
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24432075
Price : $3,000,000
Bedrooms : 20
Square Footage : 8,156 Sqft
Year Built : 1950
Lot Area : 16,999 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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