Owner retiring priced to sell. Owner might carry financing with min of 25% to 30% down 3- to 5 years interest only at amazing rate Excellent to add one or two ADU and still have lots of parking. This 4,724 sq. ft. multifamily apartment building offers a compelling investment opportunity in the heart of Panorama City. Built in 1976, the property comprises 9 one-bedroom, one-bathroom units, each featuring spacious floor plans. The building is situated on a 0.20-acre lot, providing ample space for residents. With a 100% occupancy rate, this property demonstrates strong rental demand and consistent income potential. Located between Sepulveda and Van Nuys on Parthenia, the property offers convenient access to major freeways, including the 405, 170, and 101. Residents benefit from proximity to the Sepulveda Recreation Center, North Hills Park, Walmart, Panorama Mall, and the LA Kings Valley Ice Center. The neighborhood boasts a walk score of 66, indicating a somewhat walkable environment, and a transit score of 52, reflecting good public transportation options. With a fully leased status and a strong rental demand in the area, this property presents a stable income-generating asset. The combina- tion of its strategic location, well-maintained units, and favorable financial
MLS #
CRGD25164884
MLS Source
California Regional MLS
Days on Site
32
Flooring
Laminate
Laundry
Community Facility
Roof
Flat
Garage/Parking
Assigned Spaces, Garage: 11 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
14830 Parthenia St is a Residential Income in Panorama City, CA 91402. This – square foot property sits on a 8,492 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,610,000 and was built in 1976.
This address can also be written as 14830 Parthenia St, Panorama City, CA 91402.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 12, 2025. For the most current information, please contact Arthur Mangassarian, (818) 549-9000