9075 Cedros Avenue, Panorama City, CA 91402

About this property

We pleased to present the rare opportunity to acquire a 33-unit multi-family investment in Panorama City, California. The property is located at 9075 Cedros Ave, Panorama City in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and high rental demansds area, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 8 one-bedroom units, 21 two-bedroom units, 4 three-bedroom units. This property offers value add and potential upside on rent for investors to invest an asset with well-maintained condition. The property was built in 1995, only subject to AB-1482. New paint is done recently. Existing loan is assumable at 4.05% interest rate!

Listing description from the December 2022 sale, as reported to CRMLS.

Sale history

$9,300,000

Sold December 2022 · listed $9,950,000, on market October 2022 · MLS #TR22224053 · Source: CRMLS

Listing Agent: Grady Liu · Listing Office: MacroReal Inv Grp Inc. · Contact: 626-898-5868 · Bought with: Hao Ding · MacroReal Inv Grp Inc.

$8,001,000

Sold January 2020 · listed $6,250,000, on market October 2019 · MLS #19524978 · Source: CRMLS

Listing Agent: Eric Sackler · Listing Office: Coldwell Banker Residential Brokerage · Contact: 310-820-6651 · Bought with: Grady Liu · MacroReal Inv Grp Inc.

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