Homes for sale - 14811 Parthenia ST, Panorama City, CA 91402

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$3,300,000

Est. payment - /mo

27 Beds

16 Baths

11,403 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,403 sqft

Price per Sqft $289

MLS Listing ID 25513023

Bedrooms 27

HOA Y/N No

Year Built 1976

Lot Size 0.396 Acres

Property Description

This exceptional investment opportunity is located just steps away from the Icon Panorama City, a transformative development that is set to rejuvenate the area and drive significant economic growth. As construction begins on this highly anticipated 584,000-square-foot mixed-use center, property values in the surrounding neighborhood are expected to rise, making this an ideal acquisition for long-term investors. With increased demand, premium rental rates, heightened location desirability, and a thriving retail environment, this property is well-positioned for substantial appreciation. Featuring a well-balanced unit mix of spacious two- and three-bedroom units, this building caters to a wide range of tenants, ensuring strong occupancy rates and consistent rental income. Residents enjoy the convenience of on-site laundry facilities and gated parking, adding to the property's appeal. The location is highly accessible, centrally positioned east of the I-405, west of the 170, and north of the 101 freeway, making it easy for commuters and residents alike. Beyond its prime location, the property benefits from its proximity to a wide variety of dining, shopping, and entertainment venues along Roscoe Boulevard, further enhancing its desirability for tenants and future buyers. The ongoing development of the Icon Panorama City is set to redefine the area, bringing new business opportunities, increasing foot traffic, and elevating the standard of living in the neighborhood. This is a rare opportunity to invest in an area on the rise. With the expected growth in rental demand, increasing property values, and a revitalized commercial landscape, this property offers a secure and lucrative investment in one of the most promising areas of the San Fernando Valley. Don't miss your chance to secure a high-potential asset in a market poised for long-term success!

Location

State CA

County Los Angeles

Area Pc - Panorama City

Zoning LARD1.5

Interior

Fireplace No

Exterior

Parking Features Concrete

View Y/N Yes

View Courtyard

Total Parking Spaces 24

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2653005185

Special Listing Condition Standard

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Listed by Tony Azzi Tony Azzi

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

14811 Parthenia ST Panorama City, CA 91402