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Keller Williams Encino Sherman Oaks
Overview
What It'll Cost
Neighborhood
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$3,300,000
14811 Parthenia St, Panorama City, CA 91402
27 Beds
16 Baths
11,403
sq ft
.4
ac
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$3,300,000
14811 Parthenia St, Panorama City, CA 91402
Estimation provided by Keller Williams Realty Inc.
27 Beds
16 Baths
11,403
sq ft
.4
ac
Active
For Sale
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!
Assessed Value is a combination of the land and additions.
2023
$3,589
(+2.53%)
$126,717
Land 59,113 +
Additions 67,604
2022
$3,501
(+3.02%)
$121,798
Land 56,818 +
Additions 64,980
2021
$3,398
(+1.65%)
$121,798
Land 56,818 +
Additions 64,980
2019
$3,343
(+3,674.44%)
$120,550
Land 56,236 +
Additions 64,314
2017
$88.56
$115,870
Land 52,994 +
Additions 60,605
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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