Tobias Portfolio, Panorama City, CA 91402
Offered at $11,000,000
50% Upside Potential
Only $192K Per Unit and $234 Per Foot
100% Copper Plumbing
Tuck Under Seismic Retrofit Completed
Partial New Roof
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
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.