Panorama City, CA 91402,8001 Saloma AVE
Panorama City, CA 91402,8001 Saloma AVE
Panorama City, CA 91402,8001 Saloma AVE
18
$750,000
$749,990
Est.Price: ?

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5,662 Sqft Lot

8001 Saloma AVE Panorama City, CA 91402

Est. payment /mo
SOLD DATE : 05/13/2020

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Key Details

Sold Price $750,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IG20054092

Year Built 1954

Lot Size 5,662 Sqft

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.

Location

State CA

County Los Angeles

Area Pc - Panorama City

Zoning LAR1

Rooms

Other Rooms Two On A Lot

Interior

Heating Central, Wall Furnace

Cooling Central Air, See Remarks, Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Laundry Inside

Exterior

Pool None

Community Features Curbs

Building

Lot Description Street Level

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Alaura Clennon • Griffin Real Estate, Inc.
Bought with Farhad Ilderem • First Alliance Realty

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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