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Donny Piwowarski

[email protected] +1(844) 437-4969

$ 3,300,000

Est. payment -/mo

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14811 Parthenia St Panorama City, CA 91402

27 Beds

16 Baths

11,403 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,403 sqft

Price per Sqft $289

MLS Listing ID 25513023

Bedrooms 27

Year Built 1976

Lot Size 0.396 Acres

Acres 0.3957

Property Sub-Type Multi-Family

Property Description

This exceptional investment opportunity is located just steps away from the Icon Panorama City, a transformative development that is set to rejuvenate the area and drive significant economic growth. As construction begins on this highly anticipated 584,000-square-foot mixed-use center, property values in the surrounding neighborhood are expected to rise, making this an ideal acquisition for long-term investors. With increased demand, premium rental rates, heightened location desirability, and a thriving retail environment, this property is well-positioned for substantial appreciation. Featuring a well-balanced unit mix of spacious two- and three-bedroom units, this building caters to a wide range of tenants, ensuring strong occupancy rates and consistent rental income. Residents enjoy the convenience of on-site laundry facilities and gated parking, adding to the property's appeal. The location is highly accessible, centrally positioned east of the I-405, west of the 170, and north of the 101 freeway, making it easy for commuters and residents alike. Beyond its prime location, the property benefits from its proximity to a wide variety of dining, shopping, and entertainment venues along Roscoe Boulevard, further enhancing its desirability for tenants and future buyers. The ongoing development of the Icon Panorama City is set to redefine the area, bringing new business opportunities, increasing foot traffic, and elevating the standard of living in the neighborhood. This is a rare opportunity to invest in an area on the rise. With the expected growth in rental demand, increasing property values, and a revitalized commercial landscape, this property offers a secure and lucrative investment in one of the most promising areas of the San Fernando Valley. Don't miss your chance to secure a high-potential asset in a market poised for long-term success!

Location

State CA

County Los Angeles

Area Panorama City

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Driveway - Concrete

Garage Spaces 24.0

View Y/N Yes

View Courtyard

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Tony Azzi

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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Donny Piwowarski

14811 Parthenia St Panorama City, CA 91402

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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14811 Parthenia St