14668 Nordhoff Street, Panorama City (los Angeles), CA 91402

• 34,648 sqft

Property Description

14668 Nordhoff Street presents a compelling opportunity to acquire a well-maintained, 41-unit apartment community in the heart of Panorama City, NOT SUBJECT TO LA CITY RENT CONTROL. Constructed in 1990, the property offers a highly attractive, low-maintenance investment profile with a strong and desirable unit mix comprised of 39 spacious two-bedroom units and two one-bedroom units. The predominance of two-bedroom layouts provides stability and broad tenant appeal, catering to families, roommates, and long-term residents seeking larger living spaces within the San Fernando Valley. Many of the residences have been upgraded, enhancing both the aesthetic appeal and income potential of the asset. Each unit is equipped with central HVAC, while select units also feature fireplaces and private balconies or patios. These sought-after amenities position the property competitively within the local market. A significant investment advantage is that, due to its 1990 construction, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). This exemption provides greater operational flexibility compared to many older multifamily assets in the area, allowing ownership to implement market-aligned rent adjustments and execute strategic revenue growth initiatives ov

Listing Status:

Active

Date Added:

April 9, 2026

Data Last Updated:

April 15, 2026 at 4:06AM

Listing Office:

REMAX COMMERCIAL & INVESTMENT REALTY : 310-802-2500

Listing Agent:

Robert Renshaw : 424-293-4770

MLS ID:

CL26690295

Interior

• A/C: Central Air
• Heating: Other

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LAR32651011004