$1,599,000

About this home

Exceptional newly constructed four-unit residential income property in the heart of Panorama City, offering a rare SB9 development opportunity with strong long-term investment appeal. Situated on a single lot, this turnkey property features two detached single-family residences and two accessory dwelling units (ADUs), providing a versatile unit mix ideal for investors, owner-users, or multi-generational living. The property consists of a front 2-bedroom, 1-bath residence of approximately 907 square feet, a detached 1-bedroom, 1-bath ADU of approximately 389 square feet, and a rear two-story structure featuring a 2-bedroom, 2.5-bath residence of approximately 840 square feet along with an attached two-story 2-bedroom, 2.5-bath ADU of approximately 839 square feet. Together, the property offers approximately 2,975 square feet of living space. Each unit showcases modern finishes, including stylish kitchens with quartz countertops, shaker cabinetry, stainless steel appliances, contemporary bathrooms, recessed lighting, dual-pane windows, and durable luxury vinyl plank flooring throughout. The gated property features ample on-site parking, separate entrances, attractive low-maintenance grounds, and a functional layout designed for privacy and convenience. A rare opportunity to acquire a brand-new, fully completed four-unit asset in a high-demand rental market with excellent access to shopping, dining, schools, public transportation, major freeways, and employment centers throughout the San Fernando Valley.

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Location