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***MAJOR PRICE REDUCTION*** 14668 Nordhoff Street presents a compelling opportunity to acquire a well-maintained, 41-unit apartment community in the heart of Panorama City, NOT SUBJECT TO LA CITY RENT CONTROL. Constructed in 1990, the property offers a highly attractive, low-maintenance investment profile with a strong and desirable unit mix comprised of 39 spacious two-bedroom units and two one-bedroom units. The predominance of two-bedroom layouts provides stability and broad tenant appeal, catering to families, roommates, and long-term residents seeking larger living spaces within the San Fernando Valley. Many of the residences have been upgraded, enhancing both the aesthetic appeal and income potential of the asset. Each unit is equipped with central HVAC, while select units also feature fireplaces and private balconies or patios. These sought-after amenities position the property competitively within the local market. A significant investment advantage is that, due to its 1990 construction, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). This exemption provides greater operational flexibility compared to many older multifamily assets in the area, allowing ownership to implement market-aligned rent adjustments and execute strategic revenue growth initiatives over time. In a regulatory environment where rent control can meaningfully impact long-term performance, this distinction materially enhances the asset's value proposition and future income growth potential. The community is thoughtfully designed around a landscaped courtyard and pool area, creating a welcoming residential atmosphere that encourages long-term tenancy. Additional amenities include on-site laundry facilities, trash chutes, and secured parking (91 spaces), offering residents both convenience and peace of mind. Built with more modern systems and construction standards than much of the surrounding housing stock, the property benefits from reduced deferred maintenance exposure and improved operational efficiency, making it particularly well-suited for investors seeking stable, predictable returns. Strategically located adjacent to Tobias Avenue Park, the property enjoys immediate access to green space and recreational amenities, while also being surrounded by abundant shopping, dining, and everyday conveniences along Nordhoff Street and nearby commercial corridors. Its central San Fernando Valley location offers convenient connectivity to major employment centers and key transportation routes, supporting sustained tenant demand and occupancy stability. With strong in-place income, a favorable regulatory position, continued renovation upside, and long-term appreciation potential, 14668 Nordhoff Street represents a rare opportunity to acquire a well-located, institutionally sized multifamily asset offering durable cash flow and meaningful rent growth potential in a high-demand Los Angeles submarket.

80 Beds ⋅ 81 Baths ⋅ PENDING Status

***MAJOR PRICE REDUCTION*** 14668 Nordhoff Street presents a compelling opportunity to acquire a well-maintained, 41-unit apartment community in the heart of Panorama City, NOT SUBJECT TO LA CITY RENT CONTROL. Constructed in 1990, the property offers a highly attractive, low-maintenance investment profile with a strong and desirable unit mix comprised of 39 spacious two-bedroom units and two one-bedroom units. The predominance of two-bedroom layouts provides stability and broad tenant appeal, catering to families, roommates, and long-term residents seeking larger living spaces within the San Fernando Valley. Many of the residences have been upgraded, enhancing both the aesthetic appeal and income potential of the asset. Each unit is equipped with central HVAC, while select units also feature fireplaces and private balconies or patios. These sought-after amenities position the property competitively within the local market. A significant investment advantage is that, due to its 1990 construction, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). This exemption provides greater operational flexibility compared to many older multifamily assets in the area, allowing ownership to implement market-aligned rent adjustments and execute strategic revenue growth initiatives over time. In a regulatory environment where rent control can meaningfully impact long-term performance, this distinction materially enhances the asset's value proposition and future income growth potential. The community is thoughtfully designed around a landscaped courtyard and pool area, creating a welcoming residential atmosphere that encourages long-term tenancy. Additional amenities include on-site laundry facilities, trash chutes, and secured parking (91 spaces), offering residents both convenience and peace of mind. Built with more modern systems and construction standards than much of the surrounding housing stock, the property benefits from reduced deferred maintenance exposure and improved operational efficiency, making it particularly well-suited for investors seeking stable, predictable returns. Strategically located adjacent to Tobias Avenue Park, the property enjoys immediate access to green space and recreational amenities, while also being surrounded by abundant shopping, dining, and everyday conveniences along Nordhoff Street and nearby commercial corridors. Its central San Fernando Valley location offers convenient connectivity to major employment centers and key transportation routes, supporting sustained tenant demand and occupancy stability. With strong in-place income, a favorable regulatory position, continued renovation upside, and long-term appreciation potential, 14668 Nordhoff Street represents a rare opportunity to acquire a well-located, institutionally sized multifamily asset offering durable cash flow and meaningful rent growth potential in a high-demand Los Angeles submarket.

14668 Nordhoff St, Panorama City

Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY, Robert Renshaw - CA DRE#01332831

$599,000

Welcome to this charming 3BD/1BA home located in the heart of Panorama City. This property has been thoughtfully renovated over the years and is completely move-in ready. The remodeled kitchen features quartz countertops and stainless steel appliances, creating a bright and modern space. New vinyl flooring runs throughout the home, while the bathroom boasts elegant Terrazzo and Carrara tile for a refined, spa-like feel. Step outside to discover an extra spacious backyard, perfect for hosting gatherings with family and friends. The property is fully gated for added security and includes a convenient storage shed, central AC, and a laundry nook off the kitchen. Don't miss your chance to own this wonderful home!

3 Beds ⋅ 1 Baths ⋅ PENDING Status

Welcome to this charming 3BD/1BA home located in the heart of Panorama City. This property has been thoughtfully renovated over the years and is completely move-in ready. The remodeled kitchen features quartz countertops and stainless steel appliances, creating a bright and modern space. New vinyl flooring runs throughout the home, while the bathroom boasts elegant Terrazzo and Carrara tile for a refined, spa-like feel. Step outside to discover an extra spacious backyard, perfect for hosting gatherings with family and friends. The property is fully gated for added security and includes a convenient storage shed, central AC, and a laundry nook off the kitchen. Don't miss your chance to own this wonderful home!

8064 Wakefield Ave, Panorama City

Courtesy of Equity Union, Andrew Dinsky - CA DRE#01724985

$589,900

Stunning End Unit Condo Style Townhome With No Shared Walls and No Neighbor Above. This rare corner unit offers true townhouse privacy, flooded with natural light and designed for comfortable, easy living. Featuring 3 bedrooms, 3 full bathrooms, a private 2-car garage, plus an extra parking space, this home delivers unbeatable convenience and value. Step inside to an open, bright living area with a charming fireplace. ample cabinetry, generous counter space, and stainless steel appliances, flowing seamlessly into the dining area with sliding doors to your outdoor space, perfect for fresh air and indoor-outdoor living. A full guest bathroom is located on the main level. Upstairs, the primary suite features a walk-in closet and soaking tub, with two additional bedrooms offering great flexibility. A bonus room (used as a 4th bedroom) adds even more options for office, guest space, or creative use. Central air & heat, ceiling fans, direct access 2 car garage, and washer/dryer hookups. Property sold AS IS. Turnkey, private, and move-in ready, this is a must-see home. Come inside and experience the space and comfort for yourself. (HOA fee includes the water)

3 Beds ⋅ 3 Baths ⋅ ACTIVE UNDER CONTRACT Status ⋅ Laceno Villa HOA BLDG.

Stunning End Unit Condo Style Townhome With No Shared Walls and No Neighbor Above. This rare corner unit offers true townhouse privacy, flooded with natural light and designed for comfortable, easy living. Featuring 3 bedrooms, 3 full bathrooms, a private 2-car garage, plus an extra parking space, this home delivers unbeatable convenience and value. Step inside to an open, bright living area with a charming fireplace. ample cabinetry, generous counter space, and stainless steel appliances, flowing seamlessly into the dining area with sliding doors to your outdoor space, perfect for fresh air and indoor-outdoor living. A full guest bathroom is located on the main level. Upstairs, the primary suite features a walk-in closet and soaking tub, with two additional bedrooms offering great flexibility. A bonus room (used as a 4th bedroom) adds even more options for office, guest space, or creative use. Central air & heat, ceiling fans, direct access 2 car garage, and washer/dryer hookups. Property sold AS IS. Turnkey, private, and move-in ready, this is a must-see home. Come inside and experience the space and comfort for yourself. (HOA fee includes the water)

14411 Nordhoff St Unit 9, Panorama City

Courtesy of Keller Williams Glendale, Somboon Nakorn - CA DRE#00987926

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