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$3,165,000
39 Days On Site

8924 Van Nuys Boulevard
Panorama City, CA 91402

For Sale|Residential Income|Active
26
Beds
26
Full Baths
0
Partial Baths
15,670
SqFt
$202
/SqFt
1960
Built
County:
Los Angeles

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8924 Van Nuys Boulevard8924 Van Nuys Boulevard8924 Van Nuys Boulevard8924 Van Nuys Boulevard
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This prime property boasts 18 well-appointed units, including 2 singles, 9 one-bedroom/one-bath, 4 two-bedroom/1.5-bath, 2 three-bedroom/two-bath, and 1 four-bedroom/2.5-bath units. Residents enjoy amenities, such as a refreshing swimming pool, convenient on-site laundry facilities, and secure on-site parking. Recently undergoing a soft story retrofit in 2021, this property offers a significant upside potential of approximately 83%, making it an ideal acquisition for savvy investors. Strategically located on Van Nuys Blvd, just south of Nordhoff, the apartments boast a Walk Score of 78, enabling residents to accomplish most errands on foot. Proximity to major freeways (405, 5, and 118), hospitals (Kaiser Permanente), and schools (Vista Middle School, Chase Elementary, and James Monroe High School) further enhances its appeal. With the upcoming East San Fernando Valley Light Rail Transit Project, featuring 11 stations along a 6.7-mile stretch (most on Van Nuys Blvd), the property will be conveniently positioned within a short walking distance to one of the stops at Van Nuys Blvd and Nordhoff St. Don't miss this exceptional opportunity to invest in a prime asset with tremendous growth potential.

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Listing Snapshot
Price 
$3,165,000
Days On Site 
39 Days
Bedrooms 
26
Inside Area (SqFt) 
15,670 sqft
Total Baths 
26
Full Baths 
26
Partial Baths 
N/A
Lot Size 
0.3345 Acres
Year Built 
1960
MLS® Number 
24463353
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.3345
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
18
Special Circumstances 
Standard
SqFt Total 
15670
Stories 
Multi/Split
Zoning 
LAR3
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
PC - Panorama City
Listing courtesy of Luis Morales of Remax Commercial and Investment Realty
8924 Van Nuys Boulevard, Panorama City, CA, 91402 Pezzini Luxury Homes
Based on information from the The MLS as of 2024-12-23 05:35 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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