his turnkey 6 Unit apartment building is in prime Panorama City! The subject property is located at 8144 Sepulveda Place in Panorama City, one block east of Sepulveda Blvd, off Roscoe Blvd. The property has a Tremendous Upside! Great Unit Mix - All 2 Bed + 1 Bathroom Units! Newer Roof, Copper Plumbing, On-Site owned laundry, Secure Entry, On-Site Parking! Well-maintained pride of ownership property! Buyer and Buyer's agent to verify the accuracy of all information and investigation. DRIVE BY ONLY. Tenants are unaware of the sale; please do not disturb tenants. Do not walk on the property. Seller May offer seller financing to qualified Borrower with 255 down and 10 year note Interest Only
We are pleased to present the opportunity to acquire a 27-unit value-add multifamily, located in Panorama City. Built in 1964, the subject property is located at one of the most desirable rental markets in San Fernando Valley, and it offers an excellent unit mix with the majority of the 2-bedroom units. Selected units are renovated. The ownership has completed the seismic retrofitting. The roof was replaced in 2024. SCEP PASSED IN CURRENT.
We are pleased to present 14924 Roscoe Boulevard, a well-maintained 17-unit apartment community offering a strong in-place cap rate of approximately 5.86% at the asking price, significantly above market for the San Fernando Valley. The property delivers immediate, reliable cash flow supported by long-term tenants, only one vacancy, and larger-than-average unit sizes that help anchor tenant stability. The building totals approximately 13,422 square feet on a 17,071-square-foot lot, featuring an attractive mix of three-bedroom, two-bedroom, one-bedroom, and studio units, with an average unit size of approximately 825 square feet, substantially larger than the average rental unit for this submarket. One of the three-bedroom units is a two-story townhouse-style residence, offering excellent livability and a potential opportunity to reconfigure it into two separate units in the future (subject to buyer verification and city requirements). Residents benefit from a functional two-story design, well-maintained building systems, and individually metered gas and electric utilities. This is an exceptionally stable asset, supported by several core fundamentals: * Superior Tenant Retention: Larger unit sizes attract long-term renters and families who tend to stay multiple years. * Consistent Occupancy: The property offers one vacant unit with gross monthly rents of $30,344.44, generating $364,133.28 in annual income, demonstrating consistent, predictable cash flow. * Above-Market Cap Rate: A 5.86% in-place cap rate is notably higher than prevailing cap rates for comparable assets in the San Fernando Valley, positioning this as a cash-flow-first investment with immediate yield. * Robust Surrounding Economic Drivers: The area offers strong employment and shopping options that consistently support rental demand. The location is another major strength. While situated within the broader North Hills East multifamily corridor, the property is just minutes from some of the San Fernando Valley's highest-traffic retail and employment nodes, including Panorama Mall (anchored by Target, Marshalls, Foot Locker, and over 50 in-line retailers) and Roscoe Plaza, which includes high-performing national tenants. The surrounding area features El Super, Kaiser Permanente's 474-bed regional medical center, In-N-Out, Starbucks, Vons, Smart & Final, national banks, pharmacies, casual and full-service restaurants, and numerous service-oriented businesses. Transit access via the 405 and 118 freeways, the Metro Orange Line, and major bus routes provides excellent mobility for renters. With its above-market in-place cap rate, oversized units, rare townhouse-style three-bedroom layout with conversion potential, and proven operational stability, 14924 Roscoe Boulevard represents a reliable, cash-flowing investment offering long-term stability and attractive value-add upside in a high-demand pocket of the San Fernando???????????????????????????????????????? Valley.
( TWO SEPARATE VACANT UNITS ) Completely remodeled, 14320 & 14322 Osborne St, the 2- car garage offers the possibility to build an additional unit. Unlock Immediate Income Potential with This Stunning Property in High-Demand Panorama City, small quiet street!! This beautifully income property offers the perfect blend of elegance and functionality. The front unit features a spacious 3-bedroom layout with abundant closet space, a gorgeously remodeled kitchen boasting ample cabinetry, and two tastefully updated bathrooms. Natural light floods the space, creating a warm and inviting atmosphere throughout. The second unit, a newly constructed ADU, offers two generously sized bedrooms, two pristine bathrooms, and an equally bright, open feel. Each unit is equipped with in-unit laundry hookups, second unit includes energy-efficient mini-split A/C systems, and separate entrances and meters—making leasing seamless and efficient.... low-maintenance landscaping make this property an easy-to-manage, high-return investment.
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.
THIS PROPERTY COULD QUALIFY TO GET A FREE GRANT OF $20,000.00 TO A FIRST BUYER, OCCUPANT, THRU COMMUNITY LENDER BANK WITH ONLY 5% DOWNPAYMENT, NO PMI, ACTUALLY BOTH ADU ARE RENTED, BUT MAY BE VACANT WITH MAIN 3+2 HOUSE AT COE HOUSE INCLUDED SOLAR PANELS PAID, COPPER PLUMBING, GOOD INSULATION, CENTRAL AIR, A CARED LANDSCAPING, ETC.
Panorama City is located in California.
