$1,065,000
SOLD JUL 12, 2024

8054 Cedros Ave Panorama City, CA 91402

5 Beds
3.5 Baths
2,365 Sq Ft
6,251 Sq Ft Lot

Recently Sold

$450 Per Sq Ft

7% Above List Price

2 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Open to Family Room
  • Corner Lot
  • Walk-In Pantry
  • Family Room Off Kitchen

About This Home

As of July 2024

Introducing this beautifully updated and remodeled home featuring 4 spacious bedrooms and 2.5 bathrooms. Positioned on a corner lot, the front yard boasts recent landscaping, adding a charming touch to this property. Step inside to discover an inviting open floor plan, with a standout kitchen highlighted by a gorgeous island and pantry room. Inspired by an English cottage theme, this residence exudes warmth and coziness with sage green accents throughout, including the doors and kitchen. Every detail was meticulously considered during the remodel, showcasing new plumbing, central air, and various upgrades. Completing the property is a private backyard, offering a tranquil retreat. For added potential, this home includes a separate address with a detached 1 bedroom 1 bathroom ADU that features its own entrance and private yard. Don't miss the opportunity to own this exceptional property!

Last Agent to Sell the Property

Mariella Soto

Equity Union Brokerage Phone: 818-671-7482 License #02194936 Listed on: 05/10/2024

Last Buyer's Agent

Paula Oliver

Dream Home 4 U Inc. License #01041711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,691

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
  • Split Level Home
  • Turnkey

Interior Spaces

  • 2,365 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Vinyl Flooring
  • Laundry Room

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 17709
  • Assessor Parcel Number 2210017010
  • $312 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,691

Year Built

Built in 1953 | Under Construction

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Turnkey, Under Construction, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2210017010
  • Year Built: 1953
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2365.00 Square Feet
  • Stories: 1
  • Entry Location: /
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: In Family Room
  • Entry Level: 1
  • Levels: One, Multi/Split
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 450.32
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Primary Bath, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435
  • Latitude Manual: 34.21776000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6251.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1200.30
  • Tax Lot: 10
  • Tax Tract Number: 17709
  • TaxOtherAnnualAssessmentAmount: 312.00

Ownership History

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
Bernard Avraham and Bennett Candice Marie
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$745,500
Outstanding Balance
$737,971
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$414,660

Purchase Details

Listed on
Jul 11, 2023
Closed on
Oct 17, 2023
Sold by
Lawson Larry Edwad
Bought by
Lawson Laura
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,065,000 Usa National Title
Quit Claim Deed -- Ticor Title
Quit Claim Deed -- Ticor Title
Grant Deed $615,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $745,500 New Conventional
Previous Owner $460,000 Construction
Previous Owner $400,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $1,249,000 -1.6% $528 / Sq Ft
07/26/2025 07/26/25 For Sale $1,269,000 0.0% $537 / Sq Ft
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
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 Compared to Growth

Source: Public Records

Tax History

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
2025 $7,691 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24094470

California Regional Multiple Listing Service (CRMLS)

APN: 2210-017-010