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8800 Cedros Ave #209, Panorama City, CA 91402
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8800 Cedros Ave #209 Panorama City, CA 91402

$379,900
  • 2 Beds
  • 2 Baths
  • 1,002 Sq.Ft.
For Sale
$379,900 Get Pre-Qualified
Map preview of 8800 Cedros Ave #209, Panorama City, CA 91402

Property Overview: 8800 Cedros Ave #209 Panorama City, CA has 2 bedrooms, 2 bathrooms, 1,002 living square feet and 48,672 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This is a condo unit nicely positioned on the second floor and west side corner of a gated community complex. Standing by outside the front door of this unit gives you the view of the pool and its inviting water. In early morning, you can catch and enjoy the rising sun as you go out of the door. This property is within 1 to 3 miles of public schools, supermarkets, grocery stores, banks, restaurants, and commercial and entertainment centers. This property is perfect for investors who would like to take over the rental business or for buyers intending to make it their primary home.

Listed by Federico Burgos | BRE #01131249 | Vylla Home, Inc.
Last checked: 14 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
48,672
HOA Dues
$380/mo
Year built
1977
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
SR24189540
City
Panorama City
County
Los Angeles
Time on Site
7 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $23,400
  • Net Operating Income: $17,074
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,426
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 8800 Cedros Ave #209

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 2653003102
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Liu Lan HOA
  • Association Fee: $380 (Monthly)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: N Parthenia St, W Van Nuys Blvd
Neighborhood Information
  • Community Features: Valley
View more facts & features

Local Panorama City Agent

Sale History for 8800 Cedros Ave #209

Last sold for $99,500 on August 1st, 2002

  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: SR24189540

    $379,900

    Price

  • August, 2002

  • Aug 1, 2002

    Date

    Sold (Public Records)

    Public Records

    $99,500

    Price

  • January, 2001

  • Jan 22, 2001

    Date

    Sold (Public Records)

    Public Records

    $64,500

    Price

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Tax History for 8800 Cedros Ave #209

Assessed Value (2020): $131,753
Year Land Value Improved Value Assessed Value
2020 $40,648 $91,105 $131,753

Home Value Compared to the Market

This property vs the competition

8800 Cedros Ave #209 is listed 44.86% lower than the median list price for the city of Panorama City which has a median list price of $689,000. The median price per/sqft for Panorama City is $469 and this home is listed at $379.14 per/sqft which puts the price per square foot 19.16% lower than the median price per square foot for the city of Panorama City.

About 8800 Cedros Ave #209

Detailed summary of property

8800 Cedros Ave #209 is a condominium located in Panorama City, CA 91402 and is currently for sale. This condo offers 2 bedrooms, 2 bathrooms, roughly 1,002 living square feet, and sits on an approximately 48,672 square foot lot. 8800 Cedros Ave #209 was first listed on ArdentRealEstateGroup.com on September 12, 2024. The homeowner is currently asking $379,900. The median priced home in Panorama City is $689,000 with a median price per square foot of $469. Based on Ardent Real Estate Group's Panorama City Market Data, this home is listed 44.86% lower than the median priced home. Local competing homes currently for sale include 525 S Ardmore Ave #146, 525 S Ardmore Ave #107 and 525 S Ardmore Ave #121. This home does have a Homeowners Association and the monthly fee is $380 per month. While the average home in Panorama City, CA is selling in 56 days, 8800 Cedros Ave #209 has a days on market of 7 days. There are currently 59 homes for sale in the Panorama City real estate market and 33 of them are single family homes while 17 of them are condos and 9 are townhomes. For more information on this home for sale at 8800 Cedros Ave #209 Panorama City, CA 91402 contact Ardent Real Estate Group and we will put you in touch with one of our Panorama City agents.

Public Facts for 8800 Cedros Ave #209

Public county record property details
Beds
2
Baths
2
Year built
1977
Sq. Ft.
1,002
Lot Size
48,612
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
2653-003-102

The source for these homes facts are from public records.

91402 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$675,000
Median List Price/Sq.Ft.
$469
Median Sold Price
$644,000
Median Sold Price/Sq.Ft.
$486
Total Inventory
63
Median Sale to List Price %
100.63%
Avg Days on Market
42
Loan Type
Conventional (42.86%), FHA (14.29%), VA (0%), Cash (7.14%), Other (21.43%)

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Panorama City Agent
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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