8836 Tobias Ave
Panorama City, CA 91402

Bd   — Ba   10,544 Sqft
The nicest apartment building in the area with true high cap rate. 10-unit multifamily in Panorama city. Very large units, 7 townhouses. Unit mix: one 3+2.5, one 2+2, five 2+1.5, one 2+1, two 1+1.5. Property is centrally located with access to shopping, freeway and transits. Laundry on site, 10 covered and 2 front parking spaces. Major improvements on plumbing. New asphalt throughout parking and driveway. Two units are totally renovated with hardwood and tile flooring, new kitchen, bathrooms and appliances. Total exterior paint with an eye on keeping the integrity of the building period. Very tasteful landscaping. Nothing left to do for the new owners.
  • Neighborhood: Panorama City
  • Days on Movoto: 28
  • Year Built: 1964
  • HOA: $0 HOA
  • $/Sqft: $166
  • Lot: 9,155 Sqft
  • Property Type: Multi Family
  • MLS#: 17225102
  • MLS:
  • Listing Office: Real Estate eBroker Inc.
  • Listed By: Bijan Raphael
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 2 weeks ago

Home Features

Overview
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Property History

Status
Date
Price
Active Under Contract
May 9, 2017
Listed
Apr 26, 2017
$1,750,000
#17225102
Price Change
Nov 14, 2016
$1,895,000
Listed
Jun 14, 2016
$2,150,000
#16133046
Sold
Dec 27, 2013
$1,175,000
Listed
Jan 7, 2013
$1,199,000
#S722238
As of today, there are 52 properties listed for sale in ZIP code 91402 and 50 properties listed for sale in the city of Panorama City, CA. This property at 8836 Tobias Ave in 91402 is currently listed for $1,750,000. This is 349% above the $389,900 median price for Panorama City and 340% above the 91402 median of $398,000. Of the 50 properties for sale in Panorama City, 22 are single family homes and 28 are condos. 8836 Tobias Ave is a multi family home that is approximately 10,544 square feet, 715% above the Panorama City median of 1,294 and 720% above the 91402 ZIP code median of 1,286. The price per Sqft is $166, which is 44% below the median price in 91402 of $297 and 43% below the Panorama City median of $291 per Sqft.
Built in 1964, this multi family house at 8836 Tobias Ave is approximately 10,544 square feet and comes with 10 parking spots. It is listed on 04/26/2017 with a cost per Sqft of $166. 8836 Tobias Ave is located in the Panorama City neighborhood in the Los Angeles Unified School District. The closest school is Alta California Elementary School.

8836 Tobias Ave has been on the market for 28 days. The median days on the market for properties in this area is 36 with a median list price of $389,900 and median cost per square foot of $291. It's currently listed as pending under the MLS #17225102.

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