8843-8845 Tilden Ave is a Panorama City duplex ADU investment property near Panorama Mall and Plaza del Valle. This well-maintained 3-unit property presents a rare opportunity to acquire recently remodeled units with a legally permitted ADU already in place. As a result, it offers long-term value for investors and owner-users alike.
Panorama City Duplex ADU Investment Property Unit Mix
The property consists of a spacious 3-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, and a modern studio ADU with 1 bath. The two duplex units were remodeled between 2019 and 2020, and the ADU was legalized in 2021. As a result, this gives new ownership a low-maintenance investment with limited near-term capital needs. In fact, this kind of recent capital work is uncommon to find already completed in Panorama City's rental market.
Individually Metered Utilities and Operational Efficiency
Each unit is individually metered for gas and electricity, while tenants are billed separately for water. Additionally, this setup helps keep operating expenses predictable and supports strong net income for ownership. In addition, it's a meaningful advantage over comparable multi-unit properties in the area.
Outdoor Space and Private Parking
Set on a generous 6,404-square-foot lot, the property offers a front yard, a backyard, and a private gated entry for the ADU. In addition, six open parking spaces provide ample room for residents and guests. Overall, this kind of outdoor space and parking is increasingly rare among comparable properties in this part of the San Fernando Valley.
Panorama Mall, Plaza del Valle, and Freeway Access
The property is just a short distance from Panorama Mall, Plaza del Valle, and a wide range of shops, restaurants, and grocery stores. In addition, major freeways including the I-405, I-5, CA-118, and CA-170 are all close by. As a result, this gives residents convenient access to all parts of Los Angeles.
Why This Panorama City Duplex ADU Investment Property Works
Overall, this property combines recent unit remodels, a legalized ADU, and a well-located Panorama City address. As a result, it presents a compelling opportunity for investors or owner-users seeking value and flexibility. In addition, it offers long-term growth potential in a supply-constrained rental submarket.
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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
3 Units
6,404 SF/Lot
LAR2 Zoning
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