34.214599609375 -118.455581665039

7911 Willis Avenue PANORAMA CITY, CA 91402

310238285 34.214599609375 -118.455581665039 124 /listing/310238285-150289652/7911-willis-avenue-panorama-city-ca-91402 False 0 1195000.0000 105 SR22027448 True
  • $1,195,000
  • 0.14 lot
  • Est payment $6415.02/mo

Property & Neighborhood Info

Courtesy Of Edgar Koenig, DRE#00831815, Ed Koenig IRE

Multi-Family in Panorama City

5 Units: Bread and Butter building, easy to self-manage, easy to rent, centrally located, all tenants are current, copper plumbing, secure fenced parking, low maintenance, retrofit completed, laundry room with steady income, backyard space ideal for two ADU's. The property is zoned R3, in an Opportunity Zone and within the TOC (Transit Oriented Community) with a Tier 3 designation, and within the busy Panorama City/Van Nuys corridor. Major shopping/ schools/ public transportation and Metrorail are all close by for tenants' convenience. PLEASE DO NOT DISTURB THE TENANTS.

Courtesy Of Edgar Koenig, DRE#00831815, Ed Koenig IRE
  1. 0.14 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1960
  • Floors: 2
  • County: LOS ANGELES
  • Units: 5
  • Zoning: LAR3
  • MLS Number:SR22027448

Additional Features

  • Common Walls:
    • Item2CommonWalls
  • Community Features:
    • Sidewalks
  • Cooling:
    • None
  • Fireplace:
    • N
    • None
  • Garage:
    • N
  • Heating:
    • None
  • HOA:
    • N
  • Laundry:
    • CommonArea
  • Levels:
    • Two
  • Listing Service:
    • FullService
  • Listing Type:
    • ExclusiveRightToSell
  • Lot Description:
    • Item01UnitAcre
  • New Construction:
    • N
  • Parking:
    • Assigned
  • Pool:
    • None
  • Possession:
    • ClosePlus1Day
  • Sewer:
    • PublicSewer
  • Spa:
    • None
  • Spa YN:
    • false
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Electricity
    • Gas
  • Terms:
    • Conventional
    • Item1031Exchange
    • Submit
  • View:
    • N
    • None
  • Water:
    • Public
  • Year Built Source:
    • Assessor
  • Building Square Feet:
    • 3373
  • Cap Rate:
    • 4.52
  • CDOM:
    • 19
  • Co Listing Agent Email:
    • guzunyan@gmail.com
  • DOM:
    • 19
  • Gross Income:
    • 81072
  • Gross Scheduled Income:
    • 81072
  • Listing Key:
    • 1013348533
  • Net Operating Income:
    • 52000
  • Number of Buildings:
    • 1
  • Office Co List Name:
    • Koenig Properties
  • Office Co List Phone:
    • 8187558088
  • Operating Expense:
    • 29072
  • Parcel Number:
    • 2209041024
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
34.214599609375 -118.455581665039

7911 Willis Avenue PANORAMA CITY, CA 91402

310238285 34.214599609375 -118.455581665039 124 /listing/310238285-150289652/7911-willis-avenue-panorama-city-ca-91402 False 0 1195000.0000 105 SR22027448 True
  • $1,195,000
  • 0.14 lot
  • Est payment $6415.02/mo