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Listed by Jack Baboudjian • Baboudjian Properties Inc.
$ 2,200,000
Est. payment | /mo
6,058 SqFt
$ 2,200,000
Est. payment | /mo
6,058 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,058 sqft
Price per Sqft $363
MLS Listing ID CRGD25009557
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1953
Lot Size 8,367 Sqft
Property Sub-Type Other
Property Description
The Roscoe Apartments is located in Panorama City, and a prime investment opportunity in today’s market. The building is within walking distance of shopping and eateries in the city, and situated just a short distance from major freeways – making it a quick drive to Sherman Oaks, Studio City and Burbank. The apartment complex has 8 units in total and features an ideal unit mix. The property consists of four 2 bedroom 1 bathroom units, and four 1 bedroom 1 bathroom units. There have also been some major upgrades to the building itself including the property being fully re-piped with new water and sewer lines in 2020, the installation of EQ shut-off valves, and roof replacement in recent years. There have also been various upgrades to the units and the exterior aesthetic of the property as well. This property is not only the ideal investment for a seasoned buyer but also an opportunity for a first-time buyer looking for a well-maintained multifamily rental property.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227