Arthur Ambarchyan
Responds Quickly
Keller Williams R. E. Services
(747) 271-1402
80 Total Sales
1 in Panorama City
$508,000 Price
8361 Cedros Ave Panorama City, CA 91402
Panorama City Area
14
Beds
3
Baths
8,044
Sq Ft
7,456
Sq Ft Lot
About This Home
As of March 2014This is clean NON RENT CONTROLLED building in a dense pocket of the San Fernando Valley called Panorama City. The property has no vacancies and boasts updated units with vaulted ceilings- making these units much more desirable than the surrounding units. The ample parking of 17 spaces also makes these units that much more desirable. The rents are not maximized and have immediate upside potentialThe unit mix is favorable as the 2 bedrooms also have 2 baths. There is an on site manger that handles the management and maintenance of the property for a mere $200 per month- saving the owner time and money with this easy management. The construction year of 1985 provides for all copper plumbing and newer electrical panels and breakers as well as the versatility with the rent control laws.
Last Agent to Sell the Property
Keller Williams Realty Calabasas License #01291486 Listed on: 01/10/2014
Last Buyer's Agent
Keller Williams Realty Calabasas License #01291486 Listed on: 01/10/2014
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 7,456 Sq Ft Lot
Interior Spaces
- 14 Bedrooms
- 8,044 Sq Ft Home
- 2-Story Property
Parking
- 17 Parking Spaces
- Subterranean Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 2653-019-042
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
Closed on
Oct 11, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
3.78%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 10, 2014
Closed on
Feb 26, 2014
Sold by
Bought by
Seller's Agent
Alex Galuz
Keller Williams Realty Calabasas
Buyer's Agent
Alex Galuz
Keller Williams Realty Calabasas
List Price
$1,595,000
Sold Price
$1,560,000
Premium/Discount to List
-$35,000
-2.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,132,500
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 7, 2007
Sold by
Bought by
Purchase Details
Closed on
Jul 31, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
6.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 2000
Sold by
Bought by
Purchase Details
Closed on
Dec 5, 1994
Sold by
Bought by
Purchase Details
Closed on
Oct 10, 1994
Sold by
Bought by
Purchase Details
Closed on
Jun 18, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Panorama City, CA
-
Arthur Ambarchyan
-
Gerry Nicks
Gerry Nicks
Responds QuicklyKeller Williams Realty
(424) 370-0766
165 Total Sales
2 in Panorama City
$410K - $501K Price Range
-
Henry Avalos
Henry Avalos
777 Real Estate & Investments
(818) 946-0112
30 Total Sales
1 in Panorama City
$400,000 Price
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
111 Total Sales
1 in Panorama City
$397,000 Price
-
Rodrigo Suerte Felipe
Rodrigo Suerte Felipe
eXp Realty of California Inc
(661) 592-1144
76 Total Sales
3 in Panorama City
$675K - $725K Price Range
-
Katherine Tellez
Katherine Tellez
Equity Union
(818) 412-9693
11 Total Sales
4 in Panorama City
$460K - $560K Price Range
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 |
|---|---|---|---|
| -- | North American Title Co Inc | ||
| $1,560,000 | Ticor Title Company | ||
| -- | None Available | ||
| $1,200,000 | North American Title Co | ||
| -- | -- | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| $427,407 | Chicago Title Company |
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 | $1,330,000 | ||
| Closed | $1,330,000 | ||
| Closed | $1,132,500 | ||
| Previous Owner | $742,000 | ||
| Previous Owner | $390,000 |
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 |
|---|---|---|---|---|
| 03/31/2014 03/31/14 | Sold | $1,560,000 | -2.2% | $194 / Sq Ft |
| 02/06/2014 02/06/14 | Pending | -- | -- | -- |
| 01/10/2014 01/10/14 | For Sale | $1,595,000 | -- | $198 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2025 | $24,172 | $1,912,336 | $1,147,403 | $764,933 |
| 2024 | $23,829 | $1,874,840 | $1,124,905 | $749,935 |
| 2023 | $23,383 | $1,838,080 | $1,102,849 | $735,231 |
| 2022 | $22,327 | $1,802,040 | $1,081,225 | $720,815 |
| 2021 | $22,026 | $1,766,707 | $1,060,025 | $706,682 |
| 2019 | $21,385 | $1,714,307 | $1,028,585 | $685,722 |
| 2018 | $21,237 | $1,680,694 | $1,008,417 | $672,277 |
| 2016 | $20,220 | $1,615,433 | $969,260 | $646,173 |
| 2015 | $19,933 | $1,591,168 | $954,701 | $636,467 |
| 2014 | $16,709 | $1,285,804 | $621,471 | $664,333 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Galuz
Seller's Agent in 2014
Alex Galuz
Keller Williams Realty Calabasas
(310) 466-0888
43 Total Sales
Map
Source: The MLS
MLS Number: 14-727709
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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