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14924 Roscoe Blvd, 
Panorama City, CA 91402

$3,995,000


29

Beds


23

Baths


13,422

Sq Ft


Multi-Family

Active

Listed by

Oron Maher

Maher Commercial Realty

310-464-1453

Last updated:

January 18, 2026, 03:09 PM

MLS#

25621221

Source:

CA CLAW

About This Home

14924 Roscoe Blvd

We are pleased to present 14924 Roscoe Boulevard, a well-maintained 17-unit apartment community offering a strong in-place cap rate of approximately 5.86% at the asking price, significantly above market for the San Fernando Valley. The property delivers immediate, reliable cash flow supported by long-term tenants, only one vacancy, 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. * Consistent Occupancy: The property offers one vacant unit with gross monthly rents of $30,344.44, generating $364,133.28 in annual income, demonstrating consistent, predictable cash flow. * Above-Market Cap Rate: A 5.86% in-place cap rate is notably higher than prevailing cap rates for comparable assets in the San Fernando Valley, positioning this as a cash-flow-first investment with immediate yield. * Robust Surrounding Economic Drivers: The area offers strong employment and shopping options that consistently support rental demand. The location is another major strength. While situated within the broader North Hills East multifamily corridor, the property is just minutes from some of the San Fernando Valley's highest-traffic retail and employment nodes, including Panorama Mall (anchored by Target, Marshalls, Foot Locker, and over 50 in-line retailers) and Roscoe Plaza, which includes high-performing national tenants. The surrounding area features El Super, Kaiser Permanente's 474-bed regional medical center, In-N-Out, Starbucks, Vons, Smart & Final, national banks, pharmacies, casual and full-service restaurants, and numerous service-oriented businesses. Transit access via the 405 and 118 freeways, the Metro Orange Line, and major bus routes provides excellent mobility for renters. With its above-market in-place cap rate, oversized units, rare townhouse-style three-bedroom layout with conversion potential, and proven operational stability, 14924 Roscoe Boulevard represents a reliable, cash-flowing investment offering long-term stability and attractive value-add upside in a high-demand pocket of the San Fernando Valley.

Home Facts

Multi-Family

23 Baths

29 Bedrooms

Built in 1963

Price Summary

3,995,000

$297 per Sq. Ft.

MLS #:

25621221

Last Updated:

January 18, 2026, 03:09 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

29

Bathrooms

Total Bathrooms:

23

Interior

Living Area:

13,422 Sq. Ft.


Structure

Structure

Year Built:

1963


Lot

Lot Size (Sq. Ft):

17,070


Finances & Disclosures

Finances

Price:

$3,995,000

Price per Sq. Ft:

$297 per Sq. Ft.

Source:CA CLAW
The information being provided by The Mls/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 The Mls/Claw All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.