Tobias Portfolio, Panorama City, CA 91402

57 Units
Offered at $11,000,000

Property Highlights

  • 50% Upside Potential

  • Only $192K Per Unit and $234 Per Foot

  • 100% Copper Plumbing

  • Tuck Under Seismic Retrofit Completed

  • 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 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.

Like this property?

(310) 836 3638

Take a look at a few more of our listings!

Inquiries

Licensed Agent | CA DRE# 01898026

Compass

© 2019 by Kelly Morgan Commercial Group