$1,795,000

The Roscoe Apartments is located in Panorama City, and a prime investment opportunity in today’s market. The building is within walking distance of shopping and eateries in the city, and situated just a short distance from major freeways – making it a quick drive to Sherman Oaks, Studio City and Burbank. The apartment complex has 8 units in total and features an ideal unit mix. The property consists of four 2 bedroom 1 bathroom units, and four 1 bedroom 1 bathroom units. There have also been some major upgrades to the building itself including the property being fully re-piped with new water and sewer lines in 2020, the installation of EQ shut-off valves, and roof replacement in recent years. There have also been various upgrades to the units and the exterior aesthetic of the property as well. This property is not only the ideal investment for a seasoned buyer but also an opportunity for a first-time buyer looking for a well-maintained multifamily rental property.