8150 Sepulveda Place, Panorama City, CA 91402
Offered at $1,275,000
Walking Distance to the Van Nuys Corridor
100% 2+1 Units
Approximately 62% Rental Upside
All Copper Plumbing
Roof in Excellent Condition
There is a laundry room available on the property allowing an astute investor to increase the income on the property by adding laundry machines. Property has 6 gated parking spaces. The County Assessor has the legal address for the building as 8148 Sepulveda Pl but ZIMAS and LADBS show the address as 8150 Sepulveda Pl.
Van Nuys Transit Corridor
A 9.2-mile Light-Rail Line between the Orange Line’s Van Nuys Station and the Sylmar/San Fernando Metrolink Station was approved by the Metro Board of Directors today as the “preferred alternative” for the East San Fernando Valley Transit Corridor project...The new rail line would run mostly down the center of Van Nuys Boulevard and along the railroad right-of-way that is adjacent to San Fernando Road. The line would have 14 stations with an end-to-end travel time of 31 minutes.