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$899,000
33 Days On Site

8837 Tilden Avenue
Panorama City, CA 91402

For Sale|Residential Income|Active
5
Beds
2
Total Baths
1,794
SqFt
$501
/SqFt
1948
Built
County:
Los Angeles
Listed by Fred Nabati of Trimax Realty, Inc. inquiry@trimaxla.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
8837 Tilden Avenue8837 Tilden Avenue8837 Tilden Avenue8837 Tilden Avenue
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Monthly Payment (Est.)

$4,102
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Excellent opportunity to acquire a well-maintained duplex in the heart of Panorama City, centrally located within the San Fernando Valley with convenient access to major freeways, shopping centers, schools, and employment hubs. The property consists of two spacious units, including a 3-bedroom, 1-bathroom unit currently generating $2,995/month featuring a private yard and in-unit laundry, and a 2-bedroom, 1-bathroom unit generating $2,250/month with a welcoming front porch. Additional income is generated from parking at $155/month. The property offers strong fundamentals with no subsidized tenancy and professional management in place, providing ease of ownership and operational stability, and is offered at an attractive 5.31% CAP rate.The lot includes a detached 2-car garage located at the rear, presenting excellent ADU potential for additional income or future value enhancement (buyer to verify). There are also three driveway parking spaces without the need to utilize the garage, adding further convenience for tenants. Both units are equipped with tankless water heaters, improving efficiency and reducing operating costs.Situated in a high-demand rental market, Panorama City continues to benefit from its central location, proximity to the 405, 5, and 170 freeways, nearby retail such as Panorama Mall, and ongoing neighborhood growth. This asset presents an ideal opportunity for investors seeking stable cash flow with upside potential through ADU development or rental increases. -- PHOTOS FROM PRIOR TO TENANTS OCCUPIED UNITS --

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Listing Snapshot
Price 
$899,000
Days On Site 
33 Days
Bedrooms 
5
Inside Area (SqFt) 
1,794 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1471 Acres
Year Built 
1948
MLS® Number 
26691831
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1471
Carport 
3
Garage 
Yes
Garage Spaces 
2
Levels 
One
Number Of Stories 
1
Parking 
AssignedDrivewayOn Street
Parking Spaces 
5
Security 
Carbon Monoxide Detector(s)Gated CommunitySmoke Detector(s)
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
1794
Zoning 
LAR2
Interior Features
Fireplace Features 
None
Heating 
Natural GasWall Furnace
Laundry Features 
See Remarks
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Exterior Features
Patio And Porch 
Front PorchSee Remarks
Pool Features 
None
Roof 
CompositionShingle
Spa Features 
None
View 
None
Waterview 
None
Community Features
Community Features 
Gated
MLS Area 
PC - Panorama City


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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