NOT LISTED FOR SALE

8424 Lennox Ave Panorama City, CA 91402

Estimated Value: $678,000 - $728,187

2 Beds
1 Bath
1,014 Sq Ft
$692/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $650,000 $641 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,103/month

12 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of March 2024

Welcome to this rare opportunity of owning your own home that's coupled with so much potential of growth. Wether you're planning on expanding this property or thinking of monthly cash flow by building an ADU on your 8,000 soft lot, this property is for you. Located in the heart of Panorama City, near Walmart and other shopping areas, hospitals , restaurants and other eateries, this opportunity is not to miss. The house has an attached 2 car garage that can be converted in to a 3rd bedroom, or even a junior ADU for additional cash flow, with parking never being an issue with an ample amount of parking in the gated driveway. Come stop by our open houses or call us to get a tour of this wonderful property or for more info on acquiring your first property or an investment property.

Last Agent to Sell the Property

Taha Khan

Beverly and Company, Inc. Brokerage Phone: 818-915-8999 License #02166889 Listed on: 02/14/2024

Beverly and Company, Inc.

Last Buyer's Agent

Taha Khan

Beverly and Company, Inc. Brokerage Phone: 818-915-8999 License #02166889 Listed on: 02/14/2024

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1948

Lot Details

  • 8,066 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 14613
  • Assessor Parcel Number 2638023010
  • $348 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,342

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 818915899
  • Other Phone Number: 8189158999
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2638023010
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1014.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 641.03
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8066.00
  • Lot Size Acres: 0.1852

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8066.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1201.04
  • Tax Lot: 22
  • Tax Tract Number: 14613
  • TaxOtherAnnualAssessmentAmount: 348.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Feb 20, 2024
Sold by
Alshuaib Waleed and Alshuaib Benjapom
Bought by
Gerongay Geraldine T and Gerongay Modesto
Seller's Agent
Taha Khan
Beverly and Company, Inc.
Buyer's Agent
Taha Khan
Beverly and Company, Inc.
List Price
$650,000
Sold Price
$650,000
Views
52
Current Estimated Value
$701,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,797
Avg. Annual Appreciation
3.31%
Original Mortgage
$638,226
Outstanding Balance
$628,247
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$52,546

Purchase Details

Closed on
Jul 17, 2019
Sold by
Alshuaib Waleed
Bought by
Alshuaib Waleed and Maksaereekul Benjaporn

Purchase Details

Closed on
Jul 27, 1993
Sold by
Maksaereekul Benjaporn
Bought by
Alshuaib Waleed
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gerongay Geraldine T $650,000 Provident Title Company
Alshuaib Waleed -- None Available
Alshuaib Waleed -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerongay Geraldine T $638,226
Previous Owner Alshuaib Waleed $358,000
Previous Owner Alshuaib Waleed $352,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $650,000 0.0% $641 / Sq Ft
02/14/2024 02/14/24 For Sale $650,000 0.0% $641 / Sq Ft
08/29/2013 08/29/13 Rented $1,550 -2.8% --
08/29/2013 08/29/13 Under Contract -- -- --
08/29/2013 08/29/13 For Rent $1,595 -- --
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 $3,342 $663,000 $534,990 $128,010
2024 $3,342 $249,549 $170,756 $78,793
2023 $3,282 $244,657 $167,408 $77,249
2022 $3,138 $239,861 $164,126 $75,735
2021 $3,099 $235,158 $160,908 $74,250
2019 $3,012 $228,186 $156,137 $72,049
2018 $2,897 $223,713 $153,076 $70,637
2016 $2,766 $215,028 $147,133 $67,895
2015 $2,728 $211,799 $144,923 $66,876
2014 $2,746 $207,651 $142,085 $65,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24031491

California Regional Multiple Listing Service (CRMLS)

APN: 2638-023-010