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    8150 Sepulveda Pl

    Panorama City, CA 91402
    • $1,125,000
    • STATUS: Active
    • ON SITE: 213 days
    • ID#: 19-536516
    UPDATED: 39 min ago
    $1,125,000
    • 12
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,418
      SQFT
    • $208
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    *Principals Only* We are proud to present 8150 Sepulveda Pl, a 6 unit property in Panorama City. The building is located within walking distance to the Van Nuys Transit Corridor. The asset is 100% 2+1 units with approximately 62% rental upside. The building has all copper plumbing. There is a laundry room available on the property allowing an astute investor to increase the income on the property by adding laundry machines. Property has 6 gated parking spaces. The County Assessor has the legal address for the building as 8148 Sepulveda Pl but ZIMAS and LADBS show the address as 8150 Sepulveda Pl. 8.21 Market GRM, 9% Market Cap. Only $187,500/Unit.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T14:43:00.287. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/101677066
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    8150 Sepulveda Pl Panorama City, CA 91402

    • Price: $1,125,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 19-536516
    12
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,418
    SQFT
    $208
    $/SQFT
    1952
    Built
    Neighborhood:
    Panorama City
    County:
    Los Angeles
    Area:
    Panorama City
    Property Description
    *Principals Only* We are proud to present 8150 Sepulveda Pl, a 6 unit property in Panorama City. The building is located within walking distance to the Van Nuys Transit Corridor. The asset is 100% 2+1 units with approximately 62% rental upside. The building has all copper plumbing. There is a laundry room available on the property allowing an astute investor to increase the income on the property by adding laundry machines. Property has 6 gated parking spaces. The County Assessor has the legal address for the building as 8148 Sepulveda Pl but ZIMAS and LADBS show the address as 8150 Sepulveda Pl. 8.21 Market GRM, 9% Market Cap. Only $187,500/Unit.
    Exterior Features

    Lot Size Area 7421 Other Structures None Parking Garage Assigned Pool YN No Tennis YN No Total Parking 6

    Interior Features

    Baths Total 6.00 Cooling Air Conditioning Den No Dining Room No Equipment None Family Room No Heating Wall

    Property Features

    Gross Income 82789 Gross Operating Income 85350 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 50049.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 33054 Type Of Units 2+1 Zoning Lar3

    Listing provided courtesy of Kelly Morgan DRE#01898026 of Keller Williams-Santa Monica.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T14:43:00.287. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355