14696 Rayen Panorama City, CA ^$ 4,880,000

14696 Rayen

^$ 4,880,000

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Recently Listed

14696 Rayen

Panorama City, CA, 91402

^$ 4,880,000

Studio Baths1.0 Sq 19,742

Monthly Estimate*

^$ 30,445

Listed by MacroReal Inv Grp Inc.

14696 Rayen, Panorama City, CA 91402 - Image 1

14696 Rayen, Panorama City, CA 91402 - Image 2

14696 Rayen, Panorama City, CA 91402 - Image 3

14696 Rayen, Panorama City, CA 91402 - Image 4

14696 Rayen, Panorama City, CA 91402 - Image 5

14696 Rayen, Panorama City, CA 91402 - Image 6

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14696 Rayen, Panorama City, CA 91402 - Image 8

14696 Rayen, Panorama City, CA 91402 - Image 9

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Studio

Multi-Family Home for sale in Panorama City, CA

for $4,880,000 with 1 full bath. This 19,742 square foot home was built in 1964 on a lot size of 0.5327.

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 retrofitting. The roof was replaced in 2024. SCEP PASSED IN CURRENT.

Multi-Family Active

Price

^$ 4,880,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.5327

Year Built

1964

Town/City

Panorama City

County/Region

Los Angeles

MLS | Web ID

TR25269052

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1964

Property Subtype Mixed Use

Gross Income 0

Community Features Urban

County Los Angeles

Net Operating Income 341679

Operating Expense 224054

Insurance Expense 0

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions West of Van Nuys Blvd

City Panorama City

Entry Location Ground

Senior Community Y/N false

Number Of Units Total 27

MLS Area PC - Panorama City

Lot Size Units Square Feet

Lot Size Square Feet 23204

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 80

Property Sub Type Additional Mixed Use

Cap Rate 7

Interior

Total Stories 2

Common Walls 1 Common Wall

Laundry Features Common Area

Entry Level 1

Exterior

Parking Features Assigned

Water Source Public

Total Parking 0

Lot Size Area 23204

Number of Buildings 1

Building Area Total 19742

Lot Size Acres 0.5327

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 28

Number of Separate Electric Meters 28

* Excluded Features

List By

Macroreal Inv Grp Inc.

Broker

gradyl@macroreal.com

Affordability Calculator

$30,445

Per Month

Monthly Principal & Interest: $30,445
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Panorama City, CA

Average List Price ^$2,733,111

Percent of Sale Price 44%

About Panorama City, CA

71,128 Population

7% Since 2002

^$40,415 Median Income

33.28 Median Age

42% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$4,880,000		Listed Price

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14696 Rayen, Panorama City, CA, 91402 is a Multi-Family Home for sale at $4,880,000 with 19,742 sqft and a lot size of 0.5327. 14696 Rayen is a studio with 1.0 baths and was built in 1964. The property's zip code is 91402 which is in Panorama City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/19/2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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14696 Rayen

Multi-Family Home for sale in Panorama City, CA

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