8759 Tobias Ave, Panorama City, CA 91402

35 Units
Offered at $6,800,000

8801 Tobias Ave, Panorama City, CA 91402
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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

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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.

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Like this property?

(310) 836 3638

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Inquiries

(310) 836 3638

kellymorgan@kw.com

Licensed Agent | CA DRE# 01898026

KW Commercial-Santa Monica | CA DRE#01499010

© 2019 by Kelly Morgan Commercial Group