NOT LISTED FOR SALE

8800 Cedros Ave Unit 118 Panorama City, CA 91402

Estimated Value: $271,000 - $349,000

1 Bed
1 Bath
674 Sq Ft
$300/mo HOA Fee

Last Sold January 09, 2023

Last sale price $275,000 $408 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,280/month

65 Days on Market

Highlights

  • 1.12 Acre Lot
  • Open Floorplan
  • Wood Flooring
  • Valley Academy of Arts & Sciences Rated A-
  • Traditional Architecture
  • Granite Countertops

About This Home

As of January 2023

Move-in ready condominium in a great Panorama City location! Located near the Panorama Shopping Mall and the Sepulveda Recreation Center, find this well-kept 1-bedroom, 1-bathroom condo featuring 674 sqft of living space. This is a first-floor unit. Inside the unit features tile and wood flooring, crown moldings, recessed lighting, well-lit rooms, and plenty of storage space throughout. The unit has an open layout connecting the living, dining, and kitchen together, it is the perfect floorplan for entertaining guests. Enjoy creating meals in a well-equipped kitchen with stainless steel range with a gas stove granite countertops and beautiful white cabinets. The bathroom has a granite countertop and a good amount of storage space. Bedroom is very bright and spacious; it is offering a roomy walk-in closet. Convenient laundry hookup inside. Gated parking for 1 car as well as street parking. The complex is quiet and provides a peaceful courtyard with foliage and a pool for tenants to enjoy. HOA covers water, trash, and the sewer. Easy to get to the 405-Freeway. Located in the Los Angeles Unified School District.

Last Agent to Sell the Property

Patricia Sarkisyan

JohnHart Real Estate License #01966170 Listed on: 10/17/2022

JohnHart Real Estate

Last Buyer's Agent

Brandon Metoyer

Beverly and Company License #02066705

Beverly and Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,485

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 674 Sq Ft Home
  • Open Floorplan
  • Stair Climber
  • Built-In Features
  • Crown Molding
  • Living Room
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • Carport
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38116
  • Assessor Parcel Number 2653003086

Community Details

Overview

  • 32 Units
  • Leu Lan HOA, Phone Number (310) 444-7444

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,485

Year Built

Built in 1977

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2653003086
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 674.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Open Floorplan, Stair Climber, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 408.01
  • Room Type: Kitchen, Living Room, Walk-In Closet
  • Bathroom Features: Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport

Utilities

  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Range
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Trash, Sewer, Water
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Leu Lan HOA
  • Phone: 310.444.7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Leu Lan HOA

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 48613.00
  • Lot Size Acres: 1.1160
  • Latitude Manual: 34.22995200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 48613.0000 Square Feet
  • Number Of Units In Community: 32
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1201.03
  • Tax Lot: 1
  • Tax Tract Number: 38116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 22, 2022
Sold by
Khalafyan Aylin
Bought by
Li Jinghong and Li Willis
Seller's Agent
Patricia Sarkisyan
JohnHart Real Estate
Buyer's Agent
Brandon Metoyer
Beverly and Company
List Price
$311,000
Sold Price
$275,000
Premium/Discount to List
-$36,000
-11.58%
Views
78
Current Estimated Value
$312,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,736
Avg. Annual Appreciation
4.95%

Purchase Details

Listed on
May 24, 2021
Closed on
May 20, 2021
Sold by
Yeranyan Gayane
Bought by
Khalafyan Aylin
Seller's Agent
Sevada Mkrdichian
Coldwell Banker Hallmark
Buyer's Agent
Sevada Mkrdichian
Coldwell Banker Hallmark
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$164,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 18, 2018
Sold by
Ghashghaei Shahram J
Bought by
Yeranyan Gayne
Seller's Agent
Catherine Belanger
Re/Max All-Pro
List Price
$220,000
Sold Price
$197,000
Premium/Discount to List
-$23,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$142,400
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2016
Closed on
Oct 27, 2016
Sold by
Pinto Francisco Guerra
Bought by
Ghashghael Shahram J
Seller's Agent
Aleida Gil
Homesmart Evergreen Realty
Buyer's Agent
Sylvia Hanna
General Realty Group,Inc.
List Price
$149,000
Sold Price
$128,000
Premium/Discount to List
-$21,000
-14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%

Purchase Details

Closed on
Apr 22, 2014
Sold by
Ngai Yuk Lam
Bought by
Pinto Francisco Guerra
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
Li Jinghong $275,000 Lawyers Title
Khalafyan Aylin $220,000 Chicago Title Company
Khalafyan Aylin -- Chicago Title Company
Yeranyan Gayne $197,000 North American Title Company
Ghashghael Shahram J $128,000 Usa National Title Co Inc
Pinto Francisco Guerra $100,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khalafyan Aylin $164,000
Previous Owner Yeranyan Gayne $142,400
Previous Owner Ngai Yuk Lam $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $275,000 -8.3% $408 / Sq Ft
12/07/2022 12/07/22 Price Changed $300,000 -3.5% $445 / Sq Ft
10/17/2022 10/17/22 For Sale $311,000 +41.4% $461 / Sq Ft
05/25/2021 05/25/21 Sold $220,000 +11.7% $326 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
11/26/2018 11/26/18 Sold $197,000 -10.5% $292 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $220,000 +71.9% $326 / Sq Ft
11/25/2016 11/25/16 Sold $128,000 -14.1% $190 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $149,000 -- $221 / 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 $3,485 $286,109 $145,760 $140,349
2024 $3,485 $280,500 $142,902 $137,598
2023 $2,865 $228,887 $114,027 $114,860
2022 $2,730 $224,400 $111,792 $112,608
2021 $2,495 $203,021 $97,182 $105,839
2020 $2,519 $200,940 $96,186 $104,754
2019 $2,420 $197,000 $94,300 $102,700
2018 $1,567 $130,560 $31,416 $99,144
2016 $1,309 $103,552 $20,710 $82,842
2015 $1,291 $101,997 $20,399 $81,598
2014 $1,059 $87,039 $30,197 $56,842
Source: Public Records

Agents Affiliated with this Home

  • Patricia Sarkisyan

    Seller's Agent in 2023

    Patricia Sarkisyan

    JohnHart Real Estate

    (818) 246-1099

    1 in this area

    49 Total Sales

    Patricia Sarkisyan
    Section Image

  • B

    Buyer's Agent in 2023

    Brandon Metoyer

    Beverly and Company

    Section Image

  • S

    Seller's Agent in 2021

    Sevada Mkrdichian

    Coldwell Banker Hallmark

    (818) 790-8300

    1 in this area

    17 Total Sales

    Sevada Mkrdichian
    Section Image

  • C

    Seller's Agent in 2018

    Catherine Belanger

    RE/MAX

    Section Image

  • A

    Seller's Agent in 2016

    Aleida Gil

    Homesmart Evergreen Realty

    Section Image

  • S

    Buyer's Agent in 2016

    Sylvia Hanna

    General Realty Group,Inc.

    (818) 285-3700

    1 Total Sale

    Sylvia Hanna
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22222672

California Regional Multiple Listing Service (CRMLS)

APN: 2653-003-086

California Los Angeles County Panorama City 91402

8800 Cedros Ave Unit 118, Panorama City, CA

This home is located at 8800 Cedros Ave Unit 118, Panorama City, CA 91402 since 17 October 2022 and is currently estimated at $312,736, approximately $464 per square foot. This property was built in 1977. 8800 Cedros Ave Unit 118 is a home located in Los Angeles County with nearby schools including Alta California Elementary School, Vista Middle School, and James Monroe High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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