8837 Tilden Ave

Los Angeles CA 91402

1794 sq. ft.

6407 sq. ft.

Other

Currently for sale - view listing

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 --

Features

5 bedrooms

2 bathrooms

5 carspaces

3 carport spaces

3 open car spaces

2 garage spaces

1794 sq. ft. floor area

6407 sq. ft. lot size

Other

Property history for 8837 Tilden Ave

2018

Sold

$640,000

18 Mar 2018 by Johnny Newman, of Keller Williams-VIP Properties

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.