top of page
8759 Tobias Ave, Panorama City, CA 91402
35 Units
Offered at $6,800,000
Property Highlights
-
48% Upside Potential
-
Only $194K Per Unit and $232 Per Foot
-
All Copper Plumbing
-
No Tuck Under Seismic Retrofit Required
-
35 Carport Parking Spaces
-
34% Two Bedroom Units and 12% Three Bedroom Units
-
Large Courtyards
-
Possible to Add Value with Addition of Rec Room/Gym
-
Close to Major New Development Projects
Nearby Development
The property is walking distance to the $150MM ICON development in Panorama City which features over 600 Luxury Apartments, 60,000 SF of Commercial Space and a 17,000 SF Plaza.
New developments like the ICON often attract high-end neighborhood tenants paying increased market rents.
bottom of page