14830 Parthenia Street, Panorama City, CA 91402
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14830 Parthenia Street,Panorama City, CA 91402
$1,610,000
- - Beds
- - Baths
- 4,724 sq. ft.
- Multi-family
- Active
Listed by:arthur mangassarian
Office:re/max tri-city realty
MLS#:GD25164884
Source:CRMLS
Price summary
- Price:$1,610,000
- Price per sq. ft.:$340.81
About this home
Owner retiring priced to sell. Owner might carry financing with min of 25% to 30% down 3- to 5 years interest only at amazing rate
Excellent to add one or two ADU and still have lots of parking.
This 4,724 sq. ft. multifamily apartment building offers a compelling investment opportunity in the heart of Panorama City. Built in 1976,
the property comprises 9 one-bedroom, one-bathroom units, each featuring spacious floor plans. The building is situated on a 0.20-acre
lot, providing ample space for residents. With a 100% occupancy rate, this property demonstrates strong rental demand and consistent
income potential.
Located between Sepulveda and Van Nuys on Parthenia, the property offers convenient access to major freeways, including the 405, 170,
and 101. Residents benefit from proximity to the Sepulveda Recreation Center, North Hills Park, Walmart, Panorama Mall, and the LA
Kings Valley Ice Center. The neighborhood boasts a walk score of 66, indicating a somewhat walkable environment, and a transit score of
52, reflecting good public transportation options.
With a fully leased status and a strong rental demand in the area, this property presents a stable income-generating asset. The combina-
tion of its strategic location, well-maintained units, and favorable financial metrics makes it an attractive option for investors seeking
long-term growth and consistent cash flow.
Contact an agent
Home facts
- Year built:1976
- Listing Id #:GD25164884
- Added:22 day(s) ago
- Updated:August 13, 2025 at 10:27 AM
Rooms and interior
- Living area:4,724 sq. ft.
Structure and exterior
- Roof:Flat
- Year built:1976
- Building area:4,724 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,610,000
- Price per sq. ft.:$340.81
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