Land/Lot - Panorama City, CA photo 1
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9247 Wakefield Avenue
Panorama City, California, United States


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.

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