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8001 Saloma Avenue, Panorama City, CA 91402

Property · 2 recorded sales since 2018

8001 Saloma Avenue, Panorama City, CA 91402 Sold May 2020 CRMLS
$750,000Sold May 2020

Listing Agent: Alaura Clennon (DRE #01390361) · Listing Office: Griffin Real Estate, Inc. · Contact: 888-815-8808 · Bought with: Farhad Ilderem · First Alliance Realty · MLS #IG20054092 · Source: CRMLS

5,501 sqft
Lot Size
1954
Year Built
Property
Type
1
Stories
0
Garage
CentralAir, SeeRemarks, WallWindowUnits
Cooling
Central, WallFurnace
Heating

About this property

Two houses on a lot with separate addresses. Talk about opportunity, these 2 properties boast Great curb appeal offer approx 1800 total sq ft of living space, with 5 bedrooms & 3 bathrooms total. Each property has their own separate gas,electric meter and water meter. You could live in one property and rent out the other or makes for a great investment opportunity with a potential 6% cap rate by renting out both units.Front house 8001 Has been remodeled and is approx 1032 sq ft with 3 bedrooms and 1 full bathroom.Inside you will be amazed by the natural sunlight throughout the living room. The kitchen features new white shaker cabinetry for optimal storage, new quartz counters & new stainless steel appliances. Hallway leads to the 3 bedrooms serviced by a hallway bathroom with new vanity, new tiled floor and new tiled shower. There is Inside laundry hook ups, new mini split heat & AC. new interior/exterior paint and new laminate floors throughout. The 2nd property 8003- Is a permitted 2019 ADU new build and comes with a builder warranty.Features approx 732 sq ft with 2 bedrooms and 2 bathrooms Kitchen with various cabinets for ample storage and quartz countertop and stainless steel appliances. Laminate floors through out, central heat and AC, and inside laundry hook ups. Front home has the potential to rent for $2700/ month while the back home has the potential to rent for $2500/month for a combined total of $62400/year.

Listing description from the May 2020 sale, as reported to CRMLS.

Sale history

$750,000
Sold May 2020 · listed $749,990, orig. $769,990, on market March 2020 · MLS #IG20054092 · Source: CRMLS
Listing Agent: Alaura Clennon · Listing Office: Griffin Real Estate, Inc. · Contact: 888-815-8808 · Bought with: Farhad Ilderem · First Alliance Realty
$440,000
Sold September 2018 · listed $410,000, on market August 2018 · MLS #SR18189136 · Source: CRMLS
Listing Agent: Travis Winn · Listing Office: Travis K. Winn · Contact: 818-674-2652 · Bought with: GENA GRIFFIN · Griffin Real Estate, Inc,
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