Panorama City, CA 91402 8843 Tilden Avenue

8843 Tilden Avenue Panorama City, CA - Image 18843 Tilden Avenue Panorama City, CA - Image 28843 Tilden Avenue Panorama City, CA - Image 3
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8843 Tilden Avenue Panorama City, CA - Image 48843 Tilden Avenue Panorama City, CA - Image 58843 Tilden Avenue Panorama City, CA - Image 68843 Tilden Avenue Panorama City, CA - Image 78843 Tilden Avenue Panorama City, CA - Image 88843 Tilden Avenue Panorama City, CA - Image 98843 Tilden Avenue Panorama City, CA - Image 108843 Tilden Avenue Panorama City, CA - Image 118843 Tilden Avenue Panorama City, CA - Image 128843 Tilden Avenue Panorama City, CA - Image 13
Presented By: James Antonucci with Keller Williams Realty-Studio City; 818-381-6601
  • MLS# SR24202512
  • 09/30/2024
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 1
  • SQFT • 2,057
  • Garage • 3

Home Details

Welcome to 8843-8845 Tilden Ave – A Prime Investment Opportunity in Panorama City! This exceptional multi-unit property offers a beautifully updated duplex along with a legal ADU, perfectly positioned near Panorama Mall and Plaza del Valle. The triplex consists of a spacious 3-bed, 1-bath unit, a 2-bed, 1-bath unit, and a modern studio ADU with 1 bath. The duplex units were remodeled between 2019 and 2020, and the ADU was legalized in 2021, making this an ideal, low-maintenance investment. Each unit is individually metered for gas and electricity, and tenants are billed separately for water, offering excellent operational efficiency. Set on a generous 6,404 square foot lot, the property provides ample outdoor space, including a front yard, backyard, and private gated entry for the ADU. With six open parking spaces, there's plenty of room for residents and guests. Located just a short distance from popular shops, restaurants, grocery stores, and major freeways like the I-405, I-5, CA-118, and CA-170, this property ensures convenient access to all parts of Los Angeles. Priced competitively and poised for long-term appreciation, this is a remarkable opportunity for investors or owner-users looking for value and future growth potential. Don't miss out on this fantastic property!
Presented By: James Antonucci with Keller Williams Realty-Studio City; 818-381-6601

Interior Features for 8843 Tilden Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 8843 Tilden Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.65
Carport Y/NNo
CityPanorama City
Community FeaturesSuburban
CountyLos Angeles
Days on Market1
DirectionsCross Streets are Tilden and Van Nuys Blvd
Electric Expense1480.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense1480.0
Garage Spaces3.0
Garage Y/NYes
Gross Income79200.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2057.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6406.0
Lot Size UnitsSquareFeet
MLS AreaPC - Panorama City
MaintenanceExpense3841.0
MobileHomeRemainsYNNo
Net Operating Income47298.0
New ConstructionNo
NumberOfUnitsTotal3
Operating Expense29526.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot14
Taxes$16,188
TermsCashToNewLoan
Trash Expense0.0
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense1480.0
Waterfront Y/NNo
Year Built1948
Year Built SourceOther
ZoningLAR2

Exterior for 8843 Tilden Avenue

Building Area Total2057.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1471
Lot Size Area6406.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking3.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,295,000
MLS#SR24202512
List Date 09/30/2024
Property Type Multi-Family
Phone 310.658.1749
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