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14808 Blythe St, Panorama CIty, California 91402

$9,895,000

Property Details

Units50
GRM Current 12.00 GRM Market 8.63 Cap Rate Current 4.76 % Cap Rate Market 7.45 %

Unit Mix

TOTAL UNITS UNIT TYPE
23 2 + 2
18 1 + 1
4 3 + 2
5 2 + 1

Property Description

- 3 Contiguous Properties Located in TOC Tier 3
- Potential Opportunity to Implement an ADU Conversion of a Parking Garage (*Buyer to Investigate)
- Fantastic Value Add Opportunity With Significant Upside in Rents as Units Turn
- Located in Qualified Opportunity Zone
- Earthquake Retrofit Completed

Property Type Multi-Family

Location

14808 Blythe St, Panorama CIty, California 91402