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14324 Roscoe Boulevard

Panorama City, CA 91402
  • $2,200,000
  • STATUS: Active
  • ON SITE: 101 Days
  • MLS #: GD25009557
UPDATED: 30 min ago
$2,200,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Jack Baboudjian of Baboudjian Properties Inc. (818-244-5151)


Description

The Roscoe Apartments is located in Panorama City, and a prime investment opportunity in todays market. The building is within walking distance of shopping and eateries in the city, and situated just a short distance from major freeways " making it a quick drive to Sherman Oaks, Studio City and Burbank. The apartment complex has 8 units in total and features an ideal unit mix. The property consists of four 2 bedroom 1 bathroom units, and four 1 bedroom 1 bathroom units. There have also been some major upgrades to the building itself including the property being fully re-piped with new water and sewer lines in 2020, the installation of EQ shut-off valves, and roof replacement in recent years. There have also been various upgrades to the units and the exterior aesthetic of the property as well. This property is not only the ideal investment for a seasoned buyer but also an opportunity for a first-time buyer looking for a well-maintained multifamily rental property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159467246
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14324 Roscoe Boulevard Panorama City, CA 91402

  • Price: $2,200,000
  • Status: Active
  • On Site: 101 Days
  • Updated: 30 min ago
  • MLS #: GD25009557
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1953
Built
Neighborhood:
PC - Panorama City
County:
Los Angeles
Area:
PC - Panorama City
Property Description
The Roscoe Apartments is located in Panorama City, and a prime investment opportunity in todays market. The building is within walking distance of shopping and eateries in the city, and situated just a short distance from major freeways " making it a quick drive to Sherman Oaks, Studio City and Burbank. The apartment complex has 8 units in total and features an ideal unit mix. The property consists of four 2 bedroom 1 bathroom units, and four 1 bedroom 1 bathroom units. There have also been some major upgrades to the building itself including the property being fully re-piped with new water and sewer lines in 2020, the installation of EQ shut-off valves, and roof replacement in recent years. There have also been various upgrades to the units and the exterior aesthetic of the property as well. This property is not only the ideal investment for a seasoned buyer but also an opportunity for a first-time buyer looking for a well-maintained multifamily rental property.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Open Parking Spaces 1 Parking Features Assigned Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Electric Expense 789 Fuel Expense 272 Garage YN Yes Gross Income 158017 Gross Scheduled Income 158017 Insurance Expense 5250 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 4875 Net Operating Income 110177 New Construction YN No New Taxes Expense 26393 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 47839 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 13033 Trash Expense 0 Water Sewer Expense 8817 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Jack Baboudjian of Baboudjian Properties Inc. (818-244-5151)