$4,880,000
14696 Rayen, Panorama City CA 91402
Multi-Family (27 Units)
Property type
185 days
On market
$247
Price per sqft
0 cars
Garage
1964
Year built
23,204 sqft
Lot size
Open Houses
Overview
We are pleased to present the opportunity to acquire a 27-unit value-add multifamily, located in Panorama City. Built in 1964, the subject property is located at one of the most desirable rental markets in San Fernando Valley, and it offers an excellent unit mix with the majority of the 2-bedroom units. Selected units are renovated. The ownership has completed the seismic...
Listing provided by: Grady Liu DRE #01290494 626-898-5868, MacroReal Inv Grp Inc., Hao Ding DRE #02024511, MacroReal Inv Grp Inc.
Listing updated: May 25, 2026 at 06:52pm.
Last checked: Jun 5, 2026 at 07:00am
Source: CRMLS #TR25269052
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,450 | $0 | $1,450 | Unfurnished |
| 7 | 1 | 1 | — | $1,523 | $0 | $1,795 | Unfurnished |
| 18 | 2 | 2 | — | $1,751 | $0 | $2,350 | Unfurnished |
| 1 | 3 | 1 | — | $1,980 | $0 | $2,450 | Unfurnished |
# of Buildings: 1
# of Units Total: 27
Separate Electric Meters: 28
Separate Gas Meters: 28
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
8.9x
List Price / Annual Gross Rent
Cap Rate
7%
NOI / List Price
Gross Scheduled Income: $547,176
Vacancy Allowance: $16,415
Operating Expense: $224,054
Net Operating Income: $341,679
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2653003005
Additional Parcels: No
Tax Lot: 80
Community
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 14696 Rayen, Panorama City, CA 91402. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,904,000
Total Interest
$4,979,337
Total Payment
$8,883,337
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$29,909
per month
Property History for 14696 Rayen
Panorama City Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91402.
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