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Key Details
Sold Price $7,350,000
Property Type Multi-Family
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
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
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Central
Cooling Central Air
Flooring Tile
Fireplace No
Appliance Gas Range
Laundry Common Area
Exterior
Garage Assigned
Fence Wrought Iron
Pool None
Community Features Suburban, Urban
Roof Type Tile
Parking Type Assigned
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2639008136
Security Features Security Gate
Energy Description 9000.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Michael Pesci • Keller Williams Studio City
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