$448,000

8723 1/2 Cedros Ave Unit 55 Panorama City, CA 91402

Estimated payment $3,293/month

Total Views 10,057
2 Beds
3 Baths
1,100 Sq Ft
$407 Price per Sq Ft

Highlights

  • Gated with Attendant
  • In Ground Pool
  • Contemporary Architecture
  • Valley Academy of Arts & Sciences Rated A-
  • 4.09 Acre Lot
  • Wood Flooring

About This Home

Welcome to this beautifully maintained interior two-story townhouse, offering 2 spacious bedrooms, 1.50 bathrooms, and approximately 1,100 sq ft of thoughtfully designed living space in one of Panorama City's most desirable gated communities. The bright and open floor plan is filled with natural light and features a seamless flow between the living, dining, and kitchen areas perfect for everyday living and entertaining. Enjoy central heating and air conditioning, and ample storage. The kitchen opens to a large, private patio ideal for outdoor dining and gatherings, with direct access to a 2-car side-by-side garage and convenient in-garage laundry hookups. Upstairs, the generously-sized primary bedroom offers a peaceful retreat, complete with large windows and abundant closet space. Residents of this well-kept, secure community enjoy resort-style amenities including two sparkling pools, relaxing spa, and picnic area. With dual access from Cedros Avenue and Willis Avenue, this home is ideally located near the Sepulveda Recreation Center, Panorama Mall, local schools, public transportation, and the I-405 Freeway. A perfect opportunity for first-time buyers, downsizers, or investors seeking a turnkey home in a vibrant, amenity-rich neighborhood.

Listing Agent

Bijan Raphael

Casey Bohn License #01321985 Listed on: 06/14/2025

Casey Bohn

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1978

Lot Details

  • West Facing Home

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Sliding Doors
  • Living Room
  • Dining Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2653-004-093

Community Details

Overview

  • Association fees include earthquake insurance, water
  • 60 Units
  • HOA Organizers Association, Phone Number (818) 778-3331
  • Low-Rise Condominium

Amenities

  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,387

Year Built

Built in 1978

Lot Details

0

HOA Fees

$575 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Panorama Palms Townhomes Association
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 1100
  • Lot Acreage: 4.0902
  • Planned Urban Dev: 1
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1978
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Flooring: Laminate, Hardwood, Carpet
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Hood Fan, Dishwasher, Gas Dryer Hookup, Microwave
  • Price Per S Q F T: 407.27

Exterior Features

  • Direction Faces: West
  • Other Features: Barbecue Private, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool Description: Association Pool, Fenced, In Ground
  • Pool: Yes
  • Spa: Association Spa, Fenced, In Ground
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached, Direct Entrance, Door Opener, Private Garage, Side By Side
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit, Gas
  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Community, Gated Community with Guard, Guarded, Smoke Detector
  • Sewer: In Street

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Controlled Access, Pool, Gated Community, Spa, Assoc Maintains Landscape, Assoc Pet Rules
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Water
  • HOA Fees: 575.00
  • Management Company: HOA Organizers
  • Mgmt Co Phone: 8187783331|
  • Phone: 8187783331|
  • HOA: Yes
  • Unit Location: Interior

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2653-004-093
  • Lot Description: Gated Community
  • Lot Location: Flats
  • Lot Size Area: 178171

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 60

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,387 $268,357 $70,786 $197,571
2024 $3,387 $263,097 $69,399 $193,698
2023 $3,324 $257,939 $68,039 $189,900
2022 $3,172 $252,882 $66,705 $186,177
2021 $3,130 $247,925 $65,398 $182,527
2020 $3,159 $245,384 $64,728 $180,656
2019 $3,039 $240,573 $63,459 $177,114
2018 $2,965 $235,857 $62,215 $173,642
2017 $2,899 $231,234 $60,996 $170,238
2016 $1,527 $117,759 $41,433 $76,326
2015 $1,506 $115,991 $40,811 $75,180
2014 $1,519 $113,720 $40,012 $73,708
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2025 06/14/25 For Sale $448,000 -- $407 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $227,000 Stewart Title
Trustee Deed $95,000 None Available
Grant Deed $340,000 First Southwestern Title Co
Grant Deed $52,500 Investors Title Company
Trustee Deed $58,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,980 Stand Alone Second
Previous Owner $271,920 Purchase Money Mortgage
Previous Owner $50,900 Seller Take Back
Source: Public Records

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Source: The MLS

MLS Number: 25552627

The MLS

APN: 2653-004-093