8801 Tobias Ave, Panorama City, CA 91402

22 Units
Offered at $4,200,000

8801 Tobias Ave, Panorama City, CA 91402

Property Highlights

  • 53% Upside Potential

  • Only $190K Per Unit and $237 Per Foot

  • 99% Copper Plumbing

  • Tuck Under Seismic Retrofit Completed

  • Twelve Carport and Ten Tuck Under Parking Spaces

  • Partial New Roof

  • 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.

Like this property?

(310) 836 3638

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Take a look at a few more of our listings!

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