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9261 Wakefield AVE Panorama City, CA 91402
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Key Details
Sold Price $7,350,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 24,428 sqft
Price per Sqft $300
MLS Listing ID SR21055286
Sold Date 07/30/21
Style Spanish
HOA Y/N No
Year Built 1988
Lot Size 0.889 Acres
Acres 0.8887
Property Description
9261 Wakefield is located in Panorama City one near the major cross street of Van Nuys Blvd and Nordhoff Street. The property is comprised of 24,428 sq.ft. building and 38,700 Sq.Ft. Lot (Almost an acre). This (25) Twenty Five Unit Apartment building is comprised of (1) One (3) Three Bedroom and (1) Bath House, (12) Twelve (2) Two Bedroom and (2) Two Bath Units with lofts and (12) Twelve (2) Two Bedroom and (2) Bath Units. Each of the (2) Two Bedroom and (2) Two Bath Units with lofts is has its own private balcony. The Lofts could be used as a third bedroom if needed. The Three Bedroom house has a full basement. The property has on-site laundry. The building has 64 parking spaces. The property is subject to statewide rent control. The investment includes rental upside. The property is Invidually metered for gas and electricity and each unit has central air conditioning.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Flooring Tile
Appliance Gas Range
Laundry Common Area
Exterior
Parking Features Assigned
Fence Wrought Iron
Pool None
Community Features Suburban, Urban
Roof Type Tile
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Security Features Automatic Gate
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 1.5
TERMS Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW INSTRUCTIONS ***Showing Upon Accepted Offer Only and Opening of Escrow with Deposit placed into escrow***
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