14924 Roscoe Blvd, Panorama City, CA 91402

Description

We are pleased to present 14924 Roscoe Boulevard, a well-maintained 17-unit apartment community offering a strong in-place cap rate of approximately 5.86% at the asking price, significantly above market for the San Fernando Valley. The property delivers immediate, reliable cash flow supported by long-term tenants, only one vacancy, and larger-than-average unit sizes that help anchor tenant stability. The building totals approximately 13,422 square feet on a 17,071-square-foot lot, featuring an attractive mix of three-bedroom, two-bedroom, one-bedroom, and studio units, with an average unit size of approximately 825 square feet, substantially larger than the average rental...