1 of 7

2 of 7

3 of 7

4 of 7

5 of 7

6 of 7

7 of 7

•  Media
• Map
• Street View

14245 Roscoe Blvd
Van Nuys, CA 91402 Panorama City

$1,200,000 USD

Apartments For Sale  •  4,644 SF

Property Details

• Property Type Apartments
• Total Building Size 4,644 SF
• Lot Size 0.2 AC
• Building Class C
• Year Built 1951
• Zoning R3

53 Transit Score

75 Walk Score

Highlights

14245 Roscoe is a 6-unit value-add complex located 0.3 mile from Panorama Mall and 1 mile from The Plant Shopping Center.

Comprised of (3) 2-bdrm. units and (3) 1-bdrm. units that are offered at $200K per unit, $258 per foot, 6.11% CAP and 10.49 GRM on current rents.

Value-add opportunity with approx. 31% rental upside, 8.86% CAP and 8.09 GRM by achieving projected market rents for renovated units in the area.

Property amenities include gated parking with approx. 8 parking spaces and a sizeable yard for the front units.

Can be purchased in conjunction in 8135 Reseda Blvd, a 10-unit complex not subject to local rent control and located across from Northridge Hospital.

Property Flyers

14245 Roscoe OM - 12.09.24

Amenities

• Laundry Facilities
• Gated

Public Transportation

Commuter Rail	Drive	Walk	Distance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	2 min	-	1.0 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	4.3 mi
Airport	Drive	Walk	Distance
Bob Hope	11 min	-	6.0 mi
Los Angeles International	33 min	-	23.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes