8745 Cedros Ave
Panorama City, CA 91402

Bd   — Ba   26,590 Sqft
16 units. One of the nicest apartment buildings in the area with true high cap rate and no rent control. Built in 2008, all units are very large town home style, all have 3 bedrooms, 2 1/2 baths, most of the units have 3 car garage. All units have granite counter tops, modern kitchen, 9 feet ceilings, very spacious, light and bright, laundry closet inside each unit. Fully occupied. Approximately $3.3 mil Assumable loan at 5.5% fixed rate, most importantly 5.72% cap rate, and over 3% positive cash flow. Very close to the transportations, and shoppings.
  • Neighborhood: Panorama City
  • Days on Movoto: 231
  • Year Built: 2008
  • HOA:
  • $/Sqft: $188
  • Lot: 25,204 Sqft
  • Property Type: Single Family
  • MLS#: SR16049737
  • MLS:
  • Listing Office: Ewing Sothebys I.R.
  • Listing Broker: Essi Shilati
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Real Estate Market Statistics of 8745 Cedros Avenue , Panorama City

Panorama City, California

Total Inventory For Sale

58 Homes

+5% m/m +7% y/y

Median List Price


+4% m/m +6% y/y

Median Days On Market

62 Days

-1% m/m +24% y/y

Median House Size

1,301 Sqft

+1% m/m +5% y/y

Median Price Per Square Foot

$240 /Sqft

0% m/m 0% y/y

Median Price

New Listings in Panorama City

Built in 2008, this single family house at 8745 Cedros Ave is approximately 26,590 square feet and comes with 48 parking spots. It was last listed for $5,000,000 with a cost per Sqft of $188. 8745 Cedros Ave is located in the Panorama City neighborhood in the Los Angeles Unified School District. The closest school is Alta California Elementary School.

8745 Cedros Ave was on the market for 231 days. The median days on the market for properties in this area is 62 with a median list price of $329,900 and median cost per square foot of $240. Its current status is removed under the MLS #SR16049737.

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