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Image 1 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Image 2 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Image 3 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Image 4 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Image 5 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Image 6 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Image 7 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Image 8 - 9256 Wakefield Ave, Panorama City, California, 91402 - House for sale

Home For Sale In Panorama City, California

9256 Wakefield Ave, Panorama City, California, 91402

Home For Sale In Panorama City, California

house for sale

Listed: 06/05/24

9256 Wakefield Ave, Panorama City, California, 91402

20 Bed:

20 Bath:

7,674 Sq Ft Living Area:

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Price

$ 3,5M

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About This House

No rent control. Great Investment Opportunity located in the heart of Panorama City. The property features 20 total beds, 20 baths and a unit mix of (6) two bedroom, two-bath units, (4) two-bedroom, two-bath unit plus loft (could be used as 3rd bedroom). Each unit averages$2, 170per month in rent and market rents average$2, 500per month, with an upside potential. Ample parking: there are 24 total parking spaces on site (2 per unit + 2 guest). First floor units have private patios. Both gas and electric are separately metered. Multiple upgrades to the property have been made. Central A/C and heating; Security Camera system; commercial water heater; exterior led lights, etc. This 10-unit complex is located on one of the most beautiful and coveted streets in Panorama City. The building is fully leased with very faithful tenants . significant upside potential in rent .

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Corterra Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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