8001 Saloma Avenue

    Panorama City, CA 91402
    • $775,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: IG20026183
    Price Reduced
    UPDATED: 19 min ago
    $775,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,762
      SQFT
    • $440
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    Two houses on a lot with separate addresses. Talk about opportunity, these 2 properties boast Great curb appeal offer approx 1800 total sq ft of living space, with 5 bedrooms & 3 bathrooms total. Each property has their own separate gas,electric meter and water meter. You could live in one property and rent out the other or makes for a great investment opportunity with a potential 6% cap rate by renting out both units.Front house 8001 Has been remodeled and is approx 1032 sq ft with 3 bedrooms and 1 full bathroom.Inside you will be amazed by the natural sunlight throughout the living room. The kitchen features new white shaker cabinetry for optimal storage, new quartz counters & new stainless steel appliances. Hallway leads to the 3 bedrooms serviced by a hallway bathroom with new vanity, new tiled floor and new tiled shower. There is Inside laundry hook ups, new mini split heat & AC. new interior/exterior paint and new laminate floors throughout. The 2nd property 8003- Is a permitted 2019 ADU new build and comes with a builder warranty.Features approx 732 sq ft with 2 bedrooms and 2 bathrooms Kitchen with various cabinets for ample storage and quartz countertop and stainless steel appliances. Laminate floors through out, central heat and AC, and inside laundry hook ups. Front home has the potential to rent for $2700/ month while the back home has the potential to rent for $2500/month for a combined total of $62400/year.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-20T15:32:37.73. 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 Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/102950878

    8001 Saloma Avenue Panorama City, CA 91402

    • Price: $775,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: IG20026183
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1,762
    SQFT
    $440
    $/SQFT
    1954
    Built
    Neighborhood:
    PC - Panorama City
    County:
    Los Angeles
    Area:
    PC - Panorama City
    Property Description
    Two houses on a lot with separate addresses. Talk about opportunity, these 2 properties boast Great curb appeal offer approx 1800 total sq ft of living space, with 5 bedrooms & 3 bathrooms total. Each property has their own separate gas,electric meter and water meter. You could live in one property and rent out the other or makes for a great investment opportunity with a potential 6% cap rate by renting out both units.Front house 8001 Has been remodeled and is approx 1032 sq ft with 3 bedrooms and 1 full bathroom.Inside you will be amazed by the natural sunlight throughout the living room. The kitchen features new white shaker cabinetry for optimal storage, new quartz counters & new stainless steel appliances. Hallway leads to the 3 bedrooms serviced by a hallway bathroom with new vanity, new tiled floor and new tiled shower. There is Inside laundry hook ups, new mini split heat & AC. new interior/exterior paint and new laminate floors throughout. The 2nd property 8003- Is a permitted 2019 ADU new build and comes with a builder warranty.Features approx 732 sq ft with 2 bedrooms and 2 bathrooms Kitchen with various cabinets for ample storage and quartz countertop and stainless steel appliances. Laminate floors through out, central heat and AC, and inside laundry hook ups. Front home has the potential to rent for $2700/ month while the back home has the potential to rent for $2500/month for a combined total of $62400/year.
    Exterior Features

    Garage Spaces 0.00 Lot Features Level With Street Lot Size Source Estimated Lot Size Units Square Feet Other Structures Two On A Lot Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Appliances DishwasherDisposalGas OvenMicrowave Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central AirWall/Window Unit(S)See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTile Heating CentralWall Furnace Heating YN Yes Laundry Features Inside Levels One Room Type Family RoomKitchenLaundry

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 50652.00 Gross Scheduled Income 62400.00 Insurance Expense 2400.00 Land Lease YN No Laundry YN Yes Net Operating Income 50652.00 New Construction YN No New Taxes Expense 9348.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 11748.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 11748.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Alaura Clennon of Griffin Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-20T15:32:37.73. 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 Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711