This amazing and very spacious quadplex building is located right in the middle of Panorama city and was built in 1951. It has an excellent unit mix of (2) 2 +1 bath units and (2) 1 + 1 bath units and comes with 4 garages. There is immediate potential for upside in rents and room to add 2 ADUS in the interior patio where the pool is located. The building is 2,905 square feet and is situated on a 8,765 square foot lot. It has been well maintained by its existing owners and has excellent visibility, sitting right on the corner between Roscoe Boulevard and Wakefield Avenue. This property also comes with street parking that is easy to find! The location is only a 4 minute drive to your local Walmart and a shopping center where you'll find your local 24-hour fitness, dds Discounts Store, Wendys, El Pollo Loco, Kaiser Permanente, a Regency movie theater and many other stores to choose from. This provides ample entertainment for people of all ages. Families are also a close walk to Burton Elementary School and St. Genevieve High School. Residents enjoy easy access to the 405 & 170 freeways and this will continue to attract a diverse quality tenant base as well as a solid occupancy rate. An astute investor will benefit from the rising rental rates, potential ADUs and enjoy a solid long-term investment with immediate added value.
This amazing and very spacious quadplex building is located right in the middle of Panorama city and was built in 1951. It has an excellent unit mix of (2) 2 +1 bath units and (2) 1 + 1 bath units and comes with 4 garages. There is immediate potential for upside in rents and room to add 2 ADUS in the interior patio where the pool is located. The building is 2,905 square feet and is situated on a 8,765 square foot lot. It has been well maintained by its existing owners and has excellent visibility, sitting right on the corner between Roscoe Boulevard and Wakefield Avenue. This property also comes with street parking that is easy to find! The location is only a 4 minute drive to your local Walmart and a shopping center where you'll find your local 24-hour fitness, dds Discounts Store, Wendys, El Pollo Loco, Kaiser Permanente, a Regency movie theater and many other stores to choose from. This provides ample entertainment for people of all ages. Families are also a close walk to Burton Elementary School and St. Genevieve High School. Residents enjoy easy access to the 405 & 170 freeways and this will continue to attract a diverse quality tenant base as well as a solid occupancy rate. An astute investor will benefit from the rising rental rates, potential ADUs and enjoy a solid long-term investment with immediate added value.