7933 Brimfield Ave - Apartments FOR SALE


Panorama City, CA 91402
$1,150,000 USD
949-468-6069
7933 Brimfield Ave, Panorama City, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/12
null | 5.22% Cap Rate

7933 Brimfield Ave
Panorama City, CA 91402


HIGHLIGHTS

  • Stable Income: Consistent cash flow with significant value-add potential via market rent adjustments.
  • Abundant Parking: Rare capacity for up to 20 vehicles (12 in front, 8 in rear).
  • Bonus Income: Empty garage provides an immediate opportunity for additional storage rental income.

OVERVIEW

This property offers incredibly stable current cash flow with huge upside potential as rents are adjusted to market rates. The building features rare, ample parking: the front yard accommodates 12 cars, and the concrete-covered backyard can fit approximately 8 additional vehicles. Furthermore, the garage is currently vacant and presents an immediate opportunity for additional rental income as tenant storage.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$282 USD /SF

# OF UNITS

6

PRICE/UNIT

$191,667

CAP RATE

5.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR3

APN/PARCEL ID

2209-015-044

ASK ABOUT THIS PROPERTY

John LeeKNL AssociatesMore Info
949-468-6069

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John LeeKNL AssociatesMore Info
949-468-6069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.