9325 Sylmar Avenue
$2,800,000
20
12
8,156
8,156
$343
Description
Price reduction - motivated seller 4.09% Cap, 12.37 GRM | 63% Potential Upside In Rents Possibility To Add Two 3+2 Detached ADUs In The Large Parking Lot Giving You a 5.63% Cap, 10.54 GRM Please Contact Us For An OM 9325 Sylmar Avenue, located in Panorama City, California with 4 (1+1) and 8 (2+1). There are big changes going on near Panorama City and North Hills. Primestor and the city are planning a major development called the "Panorama City Center". This massive development will offer over 5 million...Price reduction - motivated seller 4.09% Cap, 12.37 GRM | 63% Potential Upside In Rents Possibility To Add Two 3+2 Detached ADUs In The Large Parking Lot Giving You a 5.63% Cap, 10.54 GRM Please Contact Us For An OM 9325 Sylmar Avenue, located in Panorama City, California with 4 (1+1) and 8 (2+1). There are big changes going on near Panorama City and North Hills. Primestor and the city are planning a major development called the "Panorama City Center". This massive development will offer over 5 million square feet of multi-family, retail, restaurants, entertainment, fitness, office, and medical. Basically, a walking city. This adds to other current and future huge developments being planned in the area. Izek Shomof has already converted the Panorama Tower (https://www.panoramatowerla.com), previously an office building, into 194 luxury residential apartments and due it's success, is now planning on building another 200 apartments w/ retail right next door. (https://la.urbanize.city/post/mixed-use-project-moves-forward-8141-van-nuys-panorama-city) We believe these major investments are due to the upcoming Light Rail Transit Line on Van Nuys Blvd. Transit Lines have been proven to change neighborhoods, sometimes increasing rents 25-67%. Large developers know this and build accordingly. These transformative large developments further change the neighborhoods. Nearby property owners receive the benefits. Call us, we can help you profit from this. 3 Blocks From Upcoming SF Valley Light Rail Transit Project | Less than 2 miles from the Future Panorama City Center, a 5,000,000 Sq Ft Transportation Oriented Development sure to Transform the Neighborhood | New Developments Change Neighborhoods, Additional Significant Developments are Planned in the Area by Major Developers
- Listed by Kelly Morgan • DRE #01898026 • Brokerage DRE #01854200 • KW Advisors
Property Details for 9325 Sylmar Avenue
Zoning
LARD2
Parcel Number2644029007
Total Units12.0
Living Area8156
Source Living AreaAssessor
AreaPanorama City (PC)
Vacancy Rate1
Lot Size Area16999
LISTING UPDATED: 10/10/2024 12:15 PM
Property Details for 9325 Sylmar Avenue
Status | Active |
---|---|
MLS # | 24-432075 |
Days on Market | 100 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.39 AC / 16,999 SF |
County | Los Angeles County |
Building Information for 9325 Sylmar Avenue
Stories2Residences-Year Built1950Building Size-Lot Size0.39 AC / 16,999 SF
Property Information for 9325 Sylmar Avenue
Property History for 9325 Sylmar Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 9325 Sylmar Avenue
Taxable ValueLand$1,049,847Additions$706,897Total$1,756,744
Tax Record2024$22,838 ($1,903 / month)
Home Facts
Total Finished SqFt8,156 SqFtAbove Grade Finished SqFt8,156 SqFtStories1Lot Size16,999 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningLARD2CountyLOS ANGELESAPN2644-029-007
Schools near 9325 Sylmar Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Liggett Street Elementary School PublicK to 5 | ||
Valor Academy Middle School Charter5 to 8 | ||
James Monroe High School Public9 to 12 | ||
Valley Academy Of Arts And Sciences Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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