Property listed by Keller Williams Glendale, Somboon Nakorn 818-432-3200
$1,000,000
The two-story home has 6 bedrooms and 4 bathrooms. City records show only 2 bedrooms and 2 bathrooms.) This prime 0.41-acre parcel in Panorama City offers extraordinary value-add potential. The owner is living in one room and rents the other 5 rooms to tenants. Monthly rental income is currently $3,800.… Read More The new buyer can rent the owner's unit for $800 or more, plus the garage with kitchen for $1,000; this can bring additional income of $1,800 or more. The potential income total is $5,600 per month. The Land Area is huge: 17,917 sq. ft. (0.41 Acres) | Dimensions: 104' x 171' Current Zoning: LA RA-1. The property can benefit from strategic state housing laws and transit positioning, unlocking multiple avenues for high-yield deployment; see the attached documents for more details. THIS PROPERTY CAN BE DELIVERED VACANT AT CLOSING UPON BUYER REQUEST. Read Less
Listing Snapshot
Days Online
32
Last Updated
Property Type
SingleFamilyResidence
Beds
6
Full Baths
4
Square Ft.
2,055
Lot Size
0.41 Acres
Year Built
1952
MLS Number
26103298
Additional Details
Appliances & Equipment
GasOven
Building
Built in 1952, Living area: 2055.0, 2 stories, Levels: Two, Entry location: Ground Level - no steps, Construction Materials: WoodSiding
Community
Gated
Accessibility Features
None
Exterior Features
Patio/Porch Features: FrontPorch
Fence
Block, WroughtIron
Fireplaces
LivingRoom
Floors
Wood
Heating
WallFurnace
Interior Features
EatInKitchen, HighCeilings
Lot
0.4097 acres, Dimensions: 105x171, RectangularLot
Parking
10 open parking spaces, 10 total parking spaces, DoorMulti, Driveway, Garage, Paved, RvAccessParking, OneSpace, Unassigned
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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