$1,050,000
 $5,637 est/mo Sourced by Back At You

8353 Costello Avenue,Los Angeles, CA 91402

Los Angeles, CA 91402

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Description

Three-unit income property in Panorama City generating $6,915 per month / $82,980 annually in current gross rents. The property has undergone substantial improvements and combines a renovated 3-bedroom main residence with two ADUs. 8353 Costello is a 3-bedroom, 1-bath main house extensively renovated with a newer roof, upgraded plumbing, remodeled kitchen and bathroom, updated flooring and windows, tankless water heater, lighting and interior finishes.8355 Costello is a 2-bedroom, 1-bath ADU created from the former detached garage with an addition. The unit features its own kitchen, heating and air conditioning, tankless water heater, washer/dryer, separate electrical panel and updated finishes. A privacy fence separates the unit from the main house and provides its own outdoor area.8351 Costello is a newer 1-bedroom, 1-bath ADU and features its own kitchen, bathroom, HVAC, tankless water heater, electrical panel and updated finishes.All three units are currently occupied, with rents of $3,090, $2,230 and $1,595 respectively. A strong opportunity to acquire a stabilized income property with significant renovation and unit-conversion work already completed.

Details

MLS #26872437
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1949
Days On Site13
Listing Provided ByThe Agency | Marcus Kassin

Features

Bed(s)6
Bath(s)4
SQ Feet1,730
Story(s)1
Units3
Building(s)2
ZoningLAR1
Acreage0.14

Interior

CoolingCentral Air, Wall Window Units
HeatingCentral, Wall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesRefrigerator

Parking

Parking FeaturesDriveway

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code91402
AreaPC Panorama City
Listing VS Median (in 91402)
Price:
$1,050,000
low | high
Med:
$1,149,000
40.571428571429% of Average
sqft:
1,730
low | high
Med:
2,060
30.924855491329% of Average
$ / sqft:
$607
low | high
Med:
$558
58.101248266297% of Average
On site:
13
low | high
Med:
6
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code91402
AreaPC Panorama City
Listing VS Median (in 91402)
Price:
$1,050,000
low | high
Med:
$1,149,000
40.571428571429% of Average
sqft:
1,730
low | high
Med:
2,060
30.924855491329% of Average
$ / sqft:
$607
low | high
Med:
$558
58.101248266297% of Average
On site:
13
low | high
Med:
6
100% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 10:14:21 PM PDT