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Renovated Three-Unit Property
For Sale
$1,050,000

8353 Costello Ave, Panorama City, CA

Occupied residential asset with a renovated primary home and two separately equipped accessory dwelling units.

Property Size1,730 SF
Price / SF$606.94
Days on Market18

Property Features for 8353 Costello Ave

General Information

Standard status Active
Size 1,730 SF
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $82,980
Average Monthly Rent $2,305

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: The Agency
Listed By: Marcus Kassin · License #01216904
Source: Exprealty
Added: Aug 19 Changed: Sep 4 Last Checked: Sep 5 at 12:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency

Investment Insights

Based on property information with market context.

This three-unit residential property includes a renovated three-bedroom, one-bath main house and two accessory dwelling units. The primary residence features a newer roof, improved plumbing, refreshed kitchen and bathroom areas, updated flooring and windows, a tankless water heater, upgraded lighting, and refreshed interior finishes.

The detached two-bedroom ADU includes a kitchen, heating and air conditioning, tankless water heater, washer and dryer, separate electrical panel, updated finishes, privacy fencing, and dedicated outdoor space. A newer one-bedroom ADU adds its own kitchen, bathroom, HVAC system, tankless water heater, electrical panel, and updated finishes. All three units are occupied. The property is located at 8353 Costello Ave in Panorama City, California.

Key Highlights

  • Three occupied residential units: a 3‑bedroom main house, 2‑bedroom ADU, and 1‑bedroom ADU
  • Renovated main residence with newer roof, updated plumbing, kitchen, bathroom, flooring, windows, and finishes
  • Two ADUs include separate kitchens and dedicated mechanical and electrical systems

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Occupied residential asset with a renovated primary home and two separately equipped accessory dwelling units.
Where is this triplex located?
The property is located at 8353 Costello Ave Panorama City, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three occupied residential units: a 3‑bedroom main house, 2‑bedroom ADU, and 1‑bedroom ADU; Renovated main residence with newer roof, updated plumbing, kitchen, bathroom, flooring, windows, and finishes; Two ADUs include separate kitchens and dedicated mechanical and electrical systems
More about this property
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