This centrally located property offers a unique blend of comfort, functionality, and income potential in one of the most convenient areas in town close to shopping, dining, schools, and major freeways for an easy commute. The main house features 1,014 sqft of living space with 3 spacious bedrooms, 1 full bathroom, and 2 uncovered parking spaces, plus a large driveway. A beautiful pool in the backyard provides the perfect setting for outdoor relaxation or weekend entertaining. Adding even more value, the property includes a newly built, permitted ADU that's ideal for generating rental income or accommodating extended family. Both the front house and ADU are currently tenant-occupied with on-time rent payments and no reported issues. Tenants are scheduled to vacate at the close of escrow, but buyers also have the option to retain them for immediate cash flow. Additionally, the property comes with approved permits to build an extra 100 square feet for a bathroom and laundry room, giving you the opportunity to further expand and customize the space to your needs. Whether you're a first-time homebuyer, investor, or multi-generational family, this property offers unmatched versatility in a desirable, well-connected neighborhood.
For sale
$865,000
8827 Sylmar Ave, Panorama City, CA 91402
4beds
2baths
1,374sqft
Est.:
Single Family Residence
Built in 1949
5,662.8 Square Feet Lot
$857,800 Zestimate®
$630/sqft
$-- HOA
What's special
Large driveway
- 28 days |
- 978 |
- 38 |
- Loading
- Loading