9247 WAKEFIELD Avenue, Panorama City, CA 91402

List Price
Price Change
▼ $200,000 1578882173
Days on Market
Lot Size (Acres)

Property Description

Huge price reduction ! Seller wants this one sold !!!!INVESTOR DREAM!! Build 12 condos/units this lot can be rezoned to R.D2. 12 Units can be built with 3 units to comply with JJJ (LOW INCOME). LOT NEXT DOOR NEW 12 CONDOS (SEE LISTING 9237 WAKEFIELD) Seller met with the city planning and neighborhood council and got conf. for 12 units. INITIAL SURVEY AND SOIL REPORT WAS DONE BY SELLER. Value is in the LAND .Existing on the lot 2 + 2 main house over 2300 sq.ft., 1 + 1 Guest house! Shared Pool! Completely gated property. GREAT INVESTMENT OPPORTUNITY! Main House - Attached 2 car garage. New linoleum flooring in kitchen, laundry room and bathroom. New carpet in bedrooms. Freshly painted inside and out. New blinds and new ceiling fans. Rented at $4000 per month, 1 year lease including the Guest House. In Guest house - Stainless steel appliances included. Large laundry room. Washer tile floors throughout. Carpet in bedroom. Rented at $1500.00 per month, 1 year lease. TENANT OCCUPIED! Separate 4 car garage Surrounded by multiple units possible rezone. Buyer to verify all information.

Additional Information

Panorama City (Pc)
Exterior Features
Lot Description
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Courtesy of Rodeo Realty, Yehoshua Mor - CA BRE#01958300

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