Mercedes Van Pelt
Compass
(323) 310-3789
59 Total Sales
1 in Panorama City
$495,000 Price
9075 Cedros Ave Panorama City, CA 91402
Panorama City Area
13
Beds
8
Baths
30,018
Sq Ft
1.15
Acre Lot
Highlights
- 1.15 Acre Lot
- Laundry Facilities
- 5-minute walk to Tobias Avenue Park
About This Home
As of December 2022We pleased to present the rare opportunity to acquire a 33-unit multi-family investment in Panorama City, California. The property is located at 9075 Cedros Ave, Panorama City in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and high rental demansds area, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 8 one-bedroom units, 21 two-bedroom units, 4 three-bedroom units. This property offers value add and potential upside on rent for investors to invest an asset with well-maintained condition. The property was built in 1995, only subject to AB-1482. New paint is done recently. Existing loan is assumable at 4.05% interest rate!
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Property Details
Home Type
- Apartment
Year Built
- Built in 1995
Lot Details
- 1.15 Acre Lot
- No Common Walls
Home Design
- 30,018 Sq Ft Home
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Parking
- Parking Available
- Assigned Parking
Location
- Urban Location
Listing and Financial Details
- Tax Lot 53
- Tax Tract Number 3136
- Assessor Parcel Number 2651012214
- $4,940 per year additional tax assessments
Community Details
Building Details
- 34 Separate Electric Meters
- 34 Separate Gas Meters
- 1 Separate Water Meter
Additional Features
- 33 Units
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Panorama City, CA
-
Mercedes Van Pelt
-
Ken Sisson
Ken Sisson
Responds QuicklyChristie's International Real Estate SoCal
(424) 373-6518
32 Total Sales
1 in Panorama City
$640,000 Price
-
Z Real Estate
Z Real Estate
Z Real Estate
(818) 412-6824
226 Total Sales
2 in Panorama City
$930,000 Price Range
-
Jasmin Duran
Jasmin Duran
Keller Williams Coastal Prop
(562) 262-8540
39 Total Sales
1 in Panorama City
$610,000 Price
-
Jesse Guzman
Jesse Guzman
Global Premier Properties, Inc.
(747) 279-3221
37 Total Sales
1 in Panorama City
$625,000 Price
-
Mary Ann Garcia Berges
Mary Ann Garcia Berges
MyAgent Real Estate Group
(424) 788-0855
53 Total Sales
1 in Panorama City
$379,900 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Feng Weijian | $19,181 | Chicago Title Company | |
| Mala Real Estate Llc | $8,001,000 | Orange Coast Title Company | |
| Cedros Villas Llc | -- | Lawyers Title | |
| Basharel Israel | -- | Fidelity National Title Co | |
| Basharel Israel | -- | Fidelity National Title Co | |
| Hetherington Flormann Llc | -- | Fidelity National Title Co | |
| Hetherington Joseph | $330,000 | Investors 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 |
|---|---|---|---|
| Previous Owner | $4,600,000 | ||
| Previous Owner | Cedros Villas Llc | $3,675,000 | |
| Previous Owner | Cedros Villas Llc | $3,710,000 | |
| Previous Owner | Basharel Israel | $2,835,000 | |
| Previous Owner | Hetherington Flormann Llc | $2,835,000 | |
| Previous Owner | Hetherington Joseph | $2,400,000 | |
| Previous Owner | Sutton Earl | $1,370,000 | |
| Previous Owner | Hetherington Joseph | $1,150,000 | |
| Previous Owner | Hetherington Joseph Harry | $163,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/25/2022 12/25/22 | Sold | $9,300,000 | -6.5% | $310 / Sq Ft | |
| 11/08/2022 11/08/22 | For Sale | $9,950,000 | +7.0% | $331 / Sq Ft | |
| 11/07/2022 11/07/22 | Off Market | $9,300,000 | -- | -- | |
| 10/17/2022 10/17/22 | For Sale | $9,950,000 | +24.4% | $331 / Sq Ft | |
| 01/24/2020 01/24/20 | Sold | $8,001,000 | +28.0% | $267 / Sq Ft | View Prior Sale |
| 12/06/2019 12/06/19 | Pending | -- | -- | -- | |
| 10/29/2019 10/29/19 | For Sale | $6,250,000 | -- | $208 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2026 | $120,699 | $9,869,233 | $5,921,540 | $3,947,693 |
| 2025 | $120,699 | $9,675,720 | $5,805,432 | $3,870,288 |
| 2024 | $119,126 | $9,486,000 | $5,691,600 | $3,794,400 |
| 2023 | $116,867 | $9,300,000 | $5,580,000 | $3,720,000 |
| 2022 | $101,386 | $8,245,567 | $4,946,722 | $3,298,845 |
| 2021 | $99,943 | $8,083,890 | $4,849,728 | $3,234,162 |
| 2020 | $64,455 | $4,961,520 | $3,123,921 | $1,837,599 |
| 2019 | $62,033 | $4,864,236 | $3,062,668 | $1,801,568 |
| 2018 | $61,064 | $4,768,860 | $3,002,616 | $1,766,244 |
| 2016 | $58,151 | $4,583,681 | $2,886,022 | $1,697,659 |
| 2015 | $57,338 | $4,514,831 | $2,842,672 | $1,672,159 |
| 2014 | $57,720 | $4,426,392 | $2,786,988 | $1,639,404 |
Source: Public Records
Agents Affiliated with this Home
-
Grady Liu
GL
Seller's Agent in 2022
Grady Liu
MacroReal Inv Grp Inc.
(626) 236-8934
6 Total Sales
-
Hao Ding
HD
Seller Co-Listing Agent in 2022
Hao Ding
MacroReal Inv Grp Inc.
(626) 898-5868
5 Total Sales
-
Eric Sackler
Seller's Agent in 2020
Eric Sackler
Coldwell Banker Realty
(310) 820-6651
29 Total Sales
-
Susan Lau
Seller Co-Listing Agent in 2020
Susan Lau
Coldwell Banker Realty
(213) 220-5466
63 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR22224053
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.
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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