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Property view

8827 Van Nuys Boulevard, 
Panorama City, CA 91402

$3,360,000


14

Beds


13

Baths


8,699

Sq Ft


Multi-Family

Sold

Listed by

Filip Niculete

, 

Haik Bokhchalian

Bought with Hana Realty

Marcus & Millichap

, 

Johnhart Real Estate

818-212-2700

MLS#

22123331

Source:

CRMLS

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About This Home

8827 Van Nuys Boulevard

We are pleased to present this brand new construction 9-unit multifamily property in Panorama City, California. Built in 2023, this property is completely free of all rent control. Also, the property is located in an opportunity zone. This 8,699 square foot apartment building sits on a 0.19 acre lot, and it boasts a strong unit mix of (5) 1 Bed / 1 Bath units, (3) 2 Bed / 2 Bath units, and (1) 3 Bed / 2 Bath unit. All of these brand new units are large, bright and spacious units that offer the tenants all modern amenities including tall ceiling heights, hardwood floors, central AC, all new kitchens with modern appliances and cabinetry, washer/dryer inside each unit, private balconies with views, and individual water heaters. The property also provides ample on-grade, tuck under parking for all tenants which is located safety behind the gated gated entrance/driveway. This brand new construction property will have extremely low expenses for the buyer. Because it is separately metered for all utilities, including water, the buyer will only be responsible to pay for the small amount of common area utilities. Furthermore, since this is a brand new building with all major systems on warranty, there will be very little repairs & maintenance costs for years to come. This opportunity is perfect for the investor who wants easy management, top of the market rents, low expenses and maintenance, and completely free of all rent control, in a strong rental pocket of the San Fernando Valley.

Home Facts

Multi-Family

13 Baths

14 Bedrooms

Built in 2022

Price Summary

3,500,000

$402 per Sq. Ft.

MLS #:

22123331

Sold:

August 28, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

14

Bathrooms

Total Bathrooms:

13

Interior

Living Area:

8,699 Sq. Ft.


Structure

Structure

Year Built:

2022


Lot

Lot Size (Sq. Ft):

8,137


Finances & Disclosures

Finances

Price:

$3,500,000

Price per Sq. Ft:

$402 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of November 15, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.