$3,995,000

14924 Roscoe Boulevard, Panorama City (los Angeles), CA 91402

  • 13,422 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $298/sqft
  • Property List Date Icon Listed 14 days ago

Property 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 6.1% at the asking price significantly above market for the San Fernando Valley. The property delivers immediate, reliable cash flow supported by long-term tenants, consistently full occupancy, 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 unit for this submarket. One of the three-bedroom units is a two-story townhouse-style residence, offering excellent livability and a potential opportunity to reconfigure it into two separate units in the future (subject to buyer verification and city requirements). Residents benefit from a functional two-story design, well-maintained building systems, and individually metered gas and electric utilities. This is an exceptionally stable asset, supported by several core fundamentals:* Superior Tenant Retention: Larger unit sizes attract long-term renters and families who tend to stay multiple years.* Consi

Listing Status:
Active
Date Added:
November 21, 2025 at 06:00AM
Listing Office:
Maher Commercial Realty : 310-464-1453
Listing Agent:
Oron Maher : 310-464-1453
MLS ID:
CL25621221
  • Laundry: Common Area
  • Parking: Assigned
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR32210003060
  • Source: CRMLS

This listing courtesy of Oron Maher, Maher Commercial Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

N

Noble Avenue Elementary

8329 Noble Ave, North Hills, CA, 91343

Grades KG-5

0.25 miles away

V

Vista Middle School

15040 Roscoe Blvd, Panorama City, CA, 91402

Grades 6-8

0.11 miles away

C

Cal Burke High School

14630 Lanark St, Panorama City, CA, 91402

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby