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14696 Rayen

Panorama City, CA 91402
  • $4,880,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: TR25269052
UPDATED: 19 min ago
$4,880,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Grady Liu of MacroReal Inv Grp Inc. (626-898-5868) and Hao Ding of MacroReal Inv Grp Inc.(626-898-5868)


Description

We are pleased to present the opportunity to acquire a 27-unit value-add multifamily, located in Panorama City. Built in 1964, the subject property is located at one of the most desirable rental markets in San Fernando Valley, and it offers an excellent unit mix with the majority of the 2-bedroom units. Selected units are renovated. The ownership has completed the seismic retrofitting. The roof was replaced in 2024. SCEP PASSED IN CURRENT.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-15T09:27:32.157. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171042886
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14696 Rayen Panorama City, CA 91402

  • Price: $4,880,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 19 min ago
  • ID#: TR25269052
0
Beds
0
Baths
0
½ Baths
0.53
Acres
1964
Built
Neighborhood:
PC - Panorama City
County:
Los Angeles
Area:
PC - Panorama City
Property Description
We are pleased to present the opportunity to acquire a 27-unit value-add multifamily, located in Panorama City. Built in 1964, the subject property is located at one of the most desirable rental markets in San Fernando Valley, and it offers an excellent unit mix with the majority of the 2-bedroom units. Selected units are renovated. The ownership has completed the seismic retrofitting. The roof was replaced in 2024. SCEP PASSED IN CURRENT.
Exterior Features

Entry Level 1 Entry Location Ground Number Of Separate Electric Meters 28 Parking Features Assigned Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 7 Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 547176 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 341679 New Construction YN No Number Of Separate Gas Meters 28 Number Of Separate Water Meters 1 Operating Expense 224054 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 16415 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-15T09:27:32.157. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Grady Liu of MacroReal Inv Grp Inc. (626-898-5868) and Hao Ding of MacroReal Inv Grp Inc.(626-898-5868)