8837 Tilden Ave - Apartments FOR SALE


Panorama City, CA 91402
$899,000 USD
310-954-0808
8837 Tilden Ave, Panorama City, CA for Sale
$899,000 USD
Apartments - FOR SALE
1/18
null | 5.31% Cap Rate

8837 Tilden Ave
Panorama City, CA 91402


HIGHLIGHTS

  • Well-maintained duplex generating strong in-place rents with professional management.
  • Both units include tankless water heaters and in-unit laundry for tenant convenience.
  • Detached two-car garage and three additional driveway spaces; ADU potential for added value.
  • Centrally located in Panorama City near the 405, 5, and 170 freeways, offering connectivity throughout the Valley.
  • Close proximity to major retail centers, schools, and employment nodes supports continued rental demand.

OVERVIEW

Excellent opportunity to acquire a well-maintained duplex in the heart of Panorama City, centrally located within the San Fernando Valley with convenient access to major freeways, shopping centers, schools, and employment hubs. The property consists of two spacious units, including a 3-bedroom, 1-bathroom unit currently generating $2,995/month featuring a private yard and in-unit laundry, and a 2-bedroom, 1-bathroom unit generating $2,250/month with a welcoming front porch. Additional income is generated from parking at $155/month. The property offers strong fundamentals with no subsidized tenancy and professional management in place, providing ease of ownership and operational stability, and is offered at an attractive 5.31% CAP rate. The lot includes a detached 2-car garage located at the rear, presenting excellent ADU potential for additional income or future value enhancement (buyer to verify). There are also three driveway parking spaces without the need to utilize the garage, adding further convenience for tenants. Both units are equipped with tankless water heaters, improving efficiency and reducing operating costs. Situated in a high-demand rental market, Panorama City continues to benefit from its central location, proximity to the 405, 5, and 170 freeways, nearby retail such as Panorama Mall, and ongoing neighborhood growth. This asset presents an ideal opportunity for investors seeking stable cash flow with upside potential through ADU development or rental increases. -- PHOTOS FROM PRIOR TO TENANTS OCCUPIED UNITS --

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$501 USD /SF

# OF UNITS

2

PRICE/UNIT

$449,500

CAP RATE

5.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,407 SF

ZONING

LAR2

APN/PARCEL ID

2639-006-014

ASK ABOUT THIS PROPERTY

Fred NabatiTrimax Realty, Inc.More Info
310-954-0808

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Fred NabatiTrimax Realty, Inc.More Info
310-954-0808

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