Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

2

Building size

1,490 sqft

Lot size

6,000 sqft

Year built

1949

Stories

1

Garage spaces

0

Style

Traditional

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood,See Remarks,Valley

Status

Active

Days on market

0

MLS #

249382828

About this property

Excellent Investment Opportunity in Panorama City! Two rental opportunities on one lot! Two Separate Addresses: 8745 & 8743 Hazeltine Ave.Beautifully remodeled 3-bedroom, 2-bath main house plus a newly constructed 2024 ADU with its own separate address. Extensive recent upgrades, private fenced outdoor spaces, New Roof was installed on 2024 with warranty, new plumbing, new water heater, many windows, are renewed, new sliding door leading to backyard, and new pavers throughout the front and back yards on both properties . Both homes offer private outdoor spaces separated by vinyl fencing, in-unit washer/dryer, refrigerators, and ample parking. The ADU features an extra-large private backyard. Low-maintenance property with both units currently tenant-occupied. Main house is rented month-to-month now, while the ADU lease expires on August 2027. Walkable convenience, close to Kaiser Permanente, close to Van Nuys blvd, major San Fernando Valley transportation routes, Panorama Mall, retails and restaurants. Both residences are tenant-occupied and paying today’s market value rent. This Property offering an attractive opportunity for investors seeking an established rental property with modern improvements.

Location

8745 Hazeltine ave

Panorama City, Los Angeles, CA, 91402