8836 Tobias Ave, Panorama City, CA 91402

The nicest apartment building in the area with true high cap rate. 10-unit multifamily in Panorama city. Very large units, 7 townhouses. Unit mix: one 3+2.5, one 2+2, five 2+1.5, one 2+1, two 1+1.5. Property is centrally located with access to shopping, freeway and transits. Laundry on site, 10 covered and 2 front parking spaces. Major improvements on plumbing. New asphalt throughout parking and driveway. Two units are totally renovated with hardwood and tile flooring, new kitchen, bathrooms and appliances. Total exterior paint with an eye on keeping the integrity of the building period. Very tasteful landscaping. Nothing left to do for the new owners.