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14949 Roscoe Blvd
Panorama City, CA 91402 North Hills East

Price Upon Request

Apartments For Sale  •  15,922 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,922 SF
  • Lot Size 0.64 AC
  • Building Class C
  • Year Built 1979
  • Zoning LAR3
51 Transit Score
61 Walk Score

Highlights

14949 Roscoe Boulevard is a unique repositioning opportunity located in Panorama City between Sepulveda Boulevard and Van Nuys Boulevard
Built in 1979, the subject property is not subject to the Los Angeles Rent Stabilization Ordinance, and currently consists of 25 units
A mix of four singles, 20 one-bedrooms and one two-bedroom; at the close of escrow, the property will be delivered 100% vacant with approved plans
After conversions and ADU additions, the property will feature 12 one-bed, 12 two-bed, one three bed, four single ADU’s and two one-bed ADU's
The six ADU’s will be converted from existing garages at the rear of the property, the single ADU’s will be spacious and range from 581-588 SF
After restriping the parking, the subject property will have 42 total parking spaces with 26 standard spaces and 16 compact tandem spaces & bike rack

Financial Summary (Actual)

Net Operating Income: $444,755 USD (2019)

Major Tenants

Tenant SF Occupied Lease End Date
La Palma Apartments 3,000 SF

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.3 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 5.2 mi
AirportDriveWalkDistance
Bob Hope 13 min - 6.8 mi
Los Angeles International 32 min - 22.8 mi
Long Beach (Daugherty Field) 50 min - 40.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 29
Type: Surface
Included in Rent: Yes