8759 & 8801 Tobias Ave, Panorama City, CA 91402
Offered at $11,000,000
Two Buildings that Share the Same Driveway
Only $192K Per Unit and $234 Per Foot
All Copper Plumbing
Seismic Retrofit Completed (*Buyer to verify)
Partial New Roof
Large Courtyards - Possible to Add Value With Addition of Rec Room/Gym
Two Separate Parcels Spanning Over 1.54 Acres of Land
Close to Three Major Development Projects:
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.