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14245 Roscoe Blvd, Panorama City, CA, 91402

$1,200,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
6 Baths
4,644 SqFt
$258/SqFt
House

Location

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14245 Roscoe Blvd, Los Angeles$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingGated
Year Built1951
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewNone
MLS #24470653
Lot Size0.20 Acres
StatusActive

About 14245 Roscoe Blvd

Located just east of Van Nuys Blvd, 14245 Roscoe is a 6-unit value-add complex located 0.3 mile from Panorama Mall and 1 mile from The Plant Shopping Center. Primestor Development, which owns Panorama Mall (20-acre shopping center) plans to redevelop the property with approx. 4.5 million SF of residential, hotel, and other commercial uses. Pending approvals, Primestor would redevelop the mall in 4 phases over 20 years. The complex is comprised of (3) 2-bdrm. units and (3) 1-bdrm. units, and is offered at $200,000 per unit, $258 per foot, and 6.11% CAP & 10.49 GRM on current rents. This value-add opportunity presents approx. 30% rental upside, and a future investor can reach an 8.86% CAP and 8.09 GRM, by achieving projected market rents for renovated units in the area. Property amenities include gated parking with approx. 8 parking spaces and a sizeable yard for the front units. For those seeking additional opportunities, this property can be purchased individually or alongside 8135 Reseda, a 10-unit complex not subject to local rent control (1981), and offers approx. 25% rental upside, and is located across the street from Northridge Hospital. Please email or call LA1 for more information.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 4,644 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Kenny Stevens

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Gated

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Located just east of Van Nuys Blvd, the subject property is 0.3 mile from Panorama Mall and 1 mile from The Plant Shopping Center.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $4,905
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

14245 Roscoe Blvd vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,200,000

+$178.4K More

$258/SqFt

-$382 Less

KEY TAKEAWAY

This property is $178.4K more than the Median Sold Price and $382/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24470653

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Kenny Stevens

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 12, 1997Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,905$324,514
2020$4,783$321,188
2019$4,634$314,891
2018$4,504$308,718
2017$4,504$302,665

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4372366
4
/10

  • Burton Elementary School

  • 8111 Calhoun Ave

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-4372367
4
/10

  • Chase Street Elementary

  • 14041 Chase St

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-4372368
3
/10

  • Michelle Obama Elementary

  • 8150 Cedros Ave

  • 0.56 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,364. Residents of Los Angeles, CA typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14245 Roscoe Blvd

What is the listing price of this property?

The listing price of 14245 Roscoe Blvd property is $1,200,000.

What type of property is this?

The property 14245 Roscoe Blvd is a house located in Panorama City, California, 91402.

Is this property for sale now?

Active Listing: 14245 Roscoe Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,905 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 12, 1997 for $220,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 14245 Roscoe Blvd has 9 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 14245 Roscoe Blvd is 4,644 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14245 Roscoe Blvd is 1951.

Rocket Homes›California›Los Angeles County›Los Angeles›91402›14245 Roscoe Blvd

This home is located at 14245 Roscoe Blvd in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This 4,644 square foot home, which was built in 1951, sits on a 0.20 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $1,200,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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