Est. mensual: $9,909 Recalcular
Acerca de esta propiedad
Multifamiliar (2-4 unidades)Número de MLS: #24-432075
***CONTACT US FOR AN OM***9325 Sylmar Ave in Panorama City presents an excellent covered land play opportunity, combining immediate income with significant development opportunity. The property currently generates stable cash flow from 4 (1+1) and 8 (2+1) units and offers the ability to add 8 detached Non-Rent Control 2+2 ADUs in the parking lot. This addition should immediately increase returns from a 4.21% Cap and 12.33 GRM to an 8.18% Cap and 8.08 GRM with no additional units turning over. After the construction the building would still have an additional 34% rental upside in rents. The buyer has the option to select from two strategies: The first is "Build and Hold" which offers exceptional cash flow once the 8 ADUs are added. We estimate that the buyer can cash-out refi the property after constructing the ADUs leaving an investment of only $500,000 in the asset and achieve a 16% cash-on-cash return in the first year at today's rates. The second strategy is to "Build and Flip." We estimate the total purchase, construction, carrying, and resale closing costs to be $4,730,000; with the resale value of $5,730,000, generating a $1,000,000 profit on your total investment of $1,600,000 that equal a 62.5% return on investment. This approach is suited for investors seeking quick, high returns in a shorter timeframe. The investment is located just 3 blocks from the upcoming San Fernando Valley Light Rail Transit Project and less than 2 miles from the transformative 5-million-square-foot Panorama City Center, the property is positioned to benefit from substantial neighborhood revitalization. Nearby developments, such as the Panorama Tower luxury apartments and other mixed-use projects, are driving demand and rent growth in the area.With its income-generating capacity, potential for additional units, and proximity to transformative developments, this property offers a unique opportunity to capitalize on immediate returns and future growth. *Disclaimer:The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, KW Commercial, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
---|---|
Amenidades: | Puerto |
Estilo arquitectónico: | Otro |
Área del lote: | 0.39 Acres |
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Los comentarios sobre la propiedad se emplea traducción computarizados. La traducción es automática y es solo una aproximación al contenido original proveído del sitio web. La traducción no se debe de considerar exacta ni basarse en ella. No asumimos responsabilidad por la exactitud de la traducción.
Escuela primaria
LIGGETT STREET ELEMENTARY SCHOOL
0.1
MillasVer detalle
Escuela secundaria (ciclo básico)
SEPULVEDA MIDDLE SCHOOL
1.1
MillasVer detalle
Escuela secundaria (ciclo superior)
NORTHRIDGE ACADEMY HIGH SCHOOL
4.4
MillasVer detalle
VALLEY ACADEMY OF ARTS & SCIENCES
3.5
MillasVer detalle
JAMES MONROE HIGH SCHOOL
1.7
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Primary Academy For Success | 0.6 mi | Public | PK-2 | |
Valor Academy High School | 0.6 mi | Public | 9-12 | B+ |
Beachy Avenue Elementary | 0.7 mi | Public | PK-5 | B- |
Alta California Elementary School | 0.8 mi | Public | KG-5 | B |
Plummer Elementary | 0.8 mi | Public | PK-6 | C+ |
Arleta High School | 0.8 mi | Public | 9-12 | C- |
Lassen Elementary | 0.9 mi | Public | KG-5 | C- |
Valor Academy Elementary School | 0.9 mi | Public | KG-4 | C |
Valor Academy Middle School | 1.0 mi | Public | 5-8 | C- |
Rosa Parks Learning Center | 1.0 mi | Public | PK-5 | C+ |
Chase Street Elementary | 1.0 mi | Public | KG-5 | C- |
Carlos Santana Arts Academy | 1.0 mi | Public | KG-5 | B- |
Panorama City Elementary School | 1.0 mi | Public | PK-5 | C- |
Canterbury Avenue Elementary School | 1.1 mi | Public | KG-5 | B+ |
Sharp Avenue Elementary | 1.2 mi | Public | KG-5 | D |
Dubnoff Center For Child Development | 1.2 mi | Private | 6-12 | |
St Genevieve Elementary School | 1.3 mi | Private | KG-8 | |
St Genevieve High School | 1.3 mi | Private | KG-12 |