8837 Tilden Avenue, Panorama City, CA 91402
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
8837 Tilden Avenue,Panorama City, CA 91402
$899,000
- 5 Beds
- 2 Baths
- 1,794 sq. ft.
- Multi-family
- Active
Listed by: fred nabati
Office: trimax realty, inc.310-954-0808
MLS#:26691831
Source:CRMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$501.11
About this home
Excellent opportunity to acquire a well-maintained duplex in the heart of Panorama City, centrally located within the San Fernando Valley with convenient access to major freeways, shopping centers, schools, and employment hubs. The property consists of two spacious units, including a 3-bedroom, 1-bathroom unit currently generating $2,995/month featuring a private yard and in-unit laundry, and a 2-bedroom, 1-bathroom unit generating $2,250/month with a welcoming front porch. Additional income is generated from parking at $155/month. The property offers strong fundamentals with no subsidized tenancy and professional management in place, providing ease of ownership and operational stability, and is offered at an attractive 5.31% CAP rate.The lot includes a detached 2-car garage located at the rear, presenting excellent ADU potential for additional income or future value enhancement (buyer to verify). There are also three driveway parking spaces without the need to utilize the garage, adding further convenience for tenants. Both units are equipped with tankless water heaters, improving efficiency and reducing operating costs.Situated in a high-demand rental market, Panorama City continues to benefit from its central location, proximity to the 405, 5, and 170 freeways, nearby retail such as Panorama Mall, and ongoing neighborhood growth. This asset presents an ideal opportunity for investors seeking stable cash flow with upside potential through ADU development or rental increases. -- PHOTOS FROM PRIOR TO TENANTS OCCUPIED UNITS --...
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Home facts
- Year built:1948
- Listing ID #:26691831
- Added:1 day(s) ago
- Updated:April 14, 2026 at 10:27 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Living area:1,794 sq. ft.
Heating and cooling
- Heating:Natural Gas, Wall Furnance
Structure and exterior
- Roof:Composition, Shingle
- Year built:1948
- Building area:1,794 sq. ft.
- Lot area:0.15 Acres
- Exterior Features:FrontPorch
- Levels:1 Story
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$501.11
Features and amenities
- Amenities:Carbon Monoxide (CO2) Detector
Parking
- Total parking spaces:5
- Parking description:3 Carport Space(s), Assigned, Driveway, On Street
- Garage:Yes
- Garage spaces:2
- Carport spaces:3
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