14696 Rayen ST Active

Panorama City,CA 91402

$ 5300000

- Bed

- Bath

19742 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 19,742 sqft

Price per Sqft $268

MLS Listing ID TR25013420

HOA Y/N No

Year Built 1964

Lot Size 0.533 Acres

Acres 0.5327

Property Sub-Type Commercial/Residential

Property Description

***NEW PRICE*** We are pleased to present the opportunity to acquire a 27-unit value-add multifamily, located in Panorama City. Built in 1964, the subject proporty is located at one of the most desirable rental market 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.

Location

State CA

County Los Angeles

Area Pc - Panorama City

Zoning LAR3

Interior

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Community Features Valley

Private Pool No

Building

Lot Description Lot 20000-39999 Sqft

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

TERMS 1031 Exchange,Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE See Remarks

SHOW INSTRUCTIONS DRIVE BY ONLY. DO NOT DISTRIB TENANTS!!! Inspection is subject to accepted offer. For full marketing package or more information, please contact Martin at martin@macroreal.com. Buyer to verify with appropriate entities and satisfy themselves. Submit offer with verifiable POF to gradyl@macroreal.com and cc Jared@macroreal.com & Martin@macroreal.com.

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