Lisa Gottesman
EXP Realty LLC
(239) 766-5681
177 Total Sales
1 in Panorama City
$475,000 Price
8054 Cedros Ave Panorama City, CA 91402
Panorama City AreaEstimated Value: $1,122,000 - $1,197,000
5
Beds
3.5
Baths
2,365
Sq Ft
$495/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- No HOA
- Open to Family Room
- Corner Lot
- Walk-In Pantry
- Family Room Off Kitchen
About This Home
As of July 20241br/1ba detached ADU for rent in Panorama City/Van Nuys, available now! PLEASE READ ALL DETAILS BEFORE SCHEDULING A VIEWING.
This private ADU is perfect for one or two people. Our house is on the market, so we're looking to rent out our ADU for 3 months, with the possibility that the tenant could stay longer at the discretion of the new owner.
The ideal tenant is someone who is looking for a short term rental with the possibility of extension. The rental agreement is for 3 months, then month to month thereafter. We can provide a 30 day notice before we will need the unit to be vacant. We also host open houses most Sundays from 1-4pm, so we will need the unit to be vacant during that time - but we will provide 72 hour notice before each open house.
We also might need to show the unit to prospective buyers at other times, but those showings will only take 30 minutes. We will provide 24 hours notice for those.
Because we know this is an inconvenience, we are offering a rate far below market value for the first 3 months. For the first 3 months, the rate is $1,490 per month, ALL UTILITIES INCLUDED except for cable and internet.
Once the 3 month term expires, the rate goes to $1,990 per month, still with all utilities included. Once our house is sold, the new owner will have the right to negotiate a new agreement with the tenant, or decide if they want the ADU to be vacant. Tenant can also decide to move out after the 3 month term.
This ADU was built brand new in 2024. Stove, refrigerator, A/C and heating unit included. This little gem has its own private entry and a separate address. Minutes from freeways, walking distance to dining and shops. Questions? Don't hesitate to reach out. Schedule a visit today!
Last Agent to Sell the Property
Mariella Soto
Equity Union Brokerage Phone: 818-671-7482 License #02194936 Listed on: 05/10/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953 | Under Construction
Lot Details
- 6,251 Sq Ft Lot
- No Common Walls
- Corner Lot
- Back and Front Yard
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 2,365 Sq Ft Home
- 1-Story Property
- Entryway
- Family Room Off Kitchen
- Living Room
- Vinyl Flooring
- Laundry in unit
Kitchen
- Updated Kitchen
- Open to Family Room
- Walk-In Pantry
- Gas Range
- Dishwasher
- Kitchen Island
- Self-Closing Drawers
Bedrooms and Bathrooms
- 5 Bedrooms | 4 Main Level Bedrooms
- Remodeled Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 17709
- Assessor Parcel Number 2210017010
- $312 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Jul 5, 2024
Sold by
Mre Investments Llc
Bought by
Seller's Agent
Mariella Soto
Equity Union
Buyer's Agent
Paula Oliver
Dream Home 4 U Inc.
List Price
$999,999
Sold Price
$1,065,000
Premium/Discount to List
$65,001
6.5%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,648
Avg. Annual Appreciation
4.56%
Original Mortgage
$745,500
Outstanding Balance
$730,590
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$441,058
Purchase Details
Listed on
Jul 11, 2023
Closed on
Oct 17, 2023
Sold by
Rodriguez Sarah Maria
Bought by
Rodriguez Daniel A
Seller's Agent
Neil Sammons
Pinnacle Estate Properties, Inc.
Buyer's Agent
Cynthia Fels
Pinnacle Estate Properties
List Price
$735,000
Sold Price
$615,000
Premium/Discount to List
-$120,000
-16.33%
Views
254
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.12%
Original Mortgage
$400,000
Interest Rate
7.18%
Mortgage Type
Balloon
Purchase Details
Listed on
Jul 11, 2023
Closed on
Oct 2, 2023
Sold by
Rodriguez Daniel A and Lawson Laura
Bought by
Mre Investments Llc
Seller's Agent
Neil Sammons
Pinnacle Estate Properties, Inc.
Buyer's Agent
Cynthia Fels
Pinnacle Estate Properties
List Price
$735,000
Sold Price
$615,000
Premium/Discount to List
-$120,000
-16.33%
Views
254
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.18%
Mortgage Type
Balloon
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Panorama City, CA
-
Lisa Gottesman
-
Mary Perdomo
Mary Perdomo
Responds QuicklyDouglas Elliman
(818) 412-8566
11 Total Sales
1 in Panorama City
$775,000 Price
-
Mark Moskowitz Team
Mark Moskowitz Team
Keller Williams Westlake Village
(747) 277-5427
75 Total Sales
2 in Panorama City
$650,000 Price Range
-
Rachel Nussbaum
Rachel Nussbaum
Prestige Estate Agency
(747) 294-3894
28 Total Sales
2 in Panorama City
$350K - $735K Price Range
-
Cherryl Weaver
Cherryl Weaver
Re/Max Tri-City
(213) 516-9631
29 Total Sales
1 in Panorama City
$710,000 Price
-
Dustin Alavazo
Dustin Alavazo
Rodeo Realty
(818) 412-8856
21 Total Sales
1 in Panorama City
$900,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,065,000 | Usa National Title | ||
| Rodriguez Daniel A | -- | Ticor Title | |
| Lawson Laura | -- | Ticor Title | |
| Mre Investments Llc | $615,000 | Ticor Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $745,500 | ||
| Previous Owner | Mre Investments Llc | $460,000 | |
| Previous Owner | Mre Investments Llc | $400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | Off Market | $1,990 | -- | -- | |
| 10/22/2025 10/22/25 | For Rent | $1,990 | +4.8% | -- | |
| 08/21/2024 08/21/24 | For Rent | $1,899 | 0.0% | -- | |
| 07/12/2024 07/12/24 | Sold | $1,065,000 | +6.5% | $450 / Sq Ft | |
| 06/17/2024 06/17/24 | Price Changed | $999,999 | 0.0% | $423 / Sq Ft | |
| 06/17/2024 06/17/24 | For Sale | $999,999 | 0.0% | $423 / Sq Ft | |
| 05/10/2024 05/10/24 | For Sale | $999,999 | +62.6% | $423 / Sq Ft | |
| 10/31/2023 10/31/23 | Sold | $615,000 | -14.0% | $313 / Sq Ft | View Prior Sale |
| 09/20/2023 09/20/23 | Pending | -- | -- | -- | |
| 08/30/2023 08/30/23 | Price Changed | $715,000 | -2.7% | $364 / Sq Ft | |
| 08/29/2023 08/29/23 | For Sale | $735,000 | 0.0% | $374 / Sq Ft | |
| 08/22/2023 08/22/23 | Pending | -- | -- | -- | |
| 08/16/2023 08/16/23 | For Sale | $735,000 | +19.5% | $374 / Sq Ft | |
| 08/15/2023 08/15/23 | Off Market | $615,000 | -- | -- | |
| 08/03/2023 08/03/23 | Price Changed | $735,000 | -8.1% | $374 / Sq Ft | |
| 07/11/2023 07/11/23 | For Sale | $799,500 | -- | $407 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $12,995 | $1,086,300 | $651,780 | $434,520 |
| 2025 | $12,995 | $1,065,000 | $639,000 | $426,000 |
| 2024 | $7,691 | $615,000 | $441,200 | $173,800 |
| 2023 | $1,397 | $97,454 | $34,370 | $63,084 |
| 2022 | $1,338 | $95,545 | $33,697 | $61,848 |
| 2021 | $1,310 | $93,673 | $33,037 | $60,636 |
| 2019 | $1,273 | $90,897 | $32,058 | $58,839 |
| 2018 | $1,182 | $89,116 | $31,430 | $57,686 |
| 2016 | $1,104 | $85,657 | $30,210 | $55,447 |
| 2015 | $1,089 | $84,372 | $29,757 | $54,615 |
| 2014 | $1,101 | $82,721 | $29,175 | $53,546 |
Source: Public Records
Agents Affiliated with this Home
-
MS
Seller's Agent in 2024
Mariella Soto
Equity Union
-
Paula Oliver
Buyer's Agent in 2024
Paula Oliver
Dream Home 4 U Inc.
(310) 344-5613
8 Total Sales
-
Neil Sammons
Seller's Agent in 2023
Neil Sammons
Pinnacle Estate Properties, Inc.
(818) 933-3100
24 Total Sales
-
Cynthia Fels
Buyer's Agent in 2023
Cynthia Fels
Pinnacle Estate Properties
(818) 993-7370
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24094470
APN: 2210-017-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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