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Sold for $1,080,000
    • Listed by: Global Capital Advisors, Inc. • Gary Mkrtichyan • Contact: 818-939-8855
    Bought with: JohnHart Real Estate
    Tax assessed value
    $1,080,000

    7840 Ventura Canyon Ave, Panorama City, CA 91402

    2beds
    1,238sqft
    Single Family Residence
    Built in 1947
    0.48 Acres Lot
    $1,075,000 Zestimate®
    $872/sqft
    $3,051 Estimated rent

    Home value

    $1,075,000

    $978,000 - $1.18M

    $3,051/mo

    Zestimate® history
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    What's special

    This rare offering features a generous ±20,726 sq. ft. street-to-street lot spanning from Ventura Canyon Blvd. through to Allott Street. The expansive parcel provides unique frontage and access on two streets, creating flexibility for future design, redevelopment, or expansion opportunities. Great for SB9 opportunities. Surrounded by both residential homes and apartment complexes, the property’s size and layout make it a prime candidate for a major remodel or complete redevelopment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Mkrtichyan DRE #01955014 818-939-8855,

    Global Capital Advisors, Inc.

    Bought with:

    Hakop Nahapetyan, DRE #02167057

    JohnHart Real Estate

    Source: CRMLS,MLS#: GD25233314MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,238 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.48 Acres
    • Features: 0-1 Unit/Acre, Level
    Details
    • Parcel number: 2301012061
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights
    Location
    • Region: Panorama City

    Financial & listing details

    • Price per square foot: $872/sqft
    • Tax assessed value: $1,080,000
    • Date on market: 10/8/2025
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    12/2/2025Sold$1,080,000+8.1%$872/sqft
    Source: CRMLS #GD25233314 Report a problem
    10/16/2025Pending sale$999,000$807/sqft
    Source: CRMLS #GD25233314 Report a problem
    10/9/2025Listed for sale$999,000+24.9%$807/sqft
    Source: CRMLS #GD25233314 Report a problem
    9/29/2025Sold$800,000+190.9%$646/sqft
    Source: Public Record Report a problem
    7/15/2011Sold$275,000+66.7%$222/sqft
    Source: Public Record Report a problem
    6/23/1998Sold$165,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,080,000 +212.7%
    2025$4,459 -0.4%$345,404 +2%
    2024$4,479 +1.8%$338,632 +2%
    2023$4,398 +4.6%$331,993 +2%
    2022$4,204 +1.3%$325,484 +2%
    2021$4,151 -0.9%$319,103 +1%
    2020$4,189 $315,832 +2%
    2019$4,189 +8.3%$309,641 +2%
    2018$3,867 $303,571 +2%
    2017$3,867 +2.2%$297,619 +2%
    2016$3,783 +2.5%$291,784 +1.5%
    2015$3,691 +0.7%$287,402 +2%
    2014$3,666 $281,773 +2.5%
    2012-- $275,000 -11.3%
    2011-- $310,000
    2010-- $310,000 -8.6%
    2009-- $339,200 -37.9%
    2008-- $545,900 -13.7%
    2007-- $632,400 +2%
    2006-- $620,000 +177%
    2005-- $223,834 +4%
    2004-- $215,144 +1.9%
    2003-- $211,201 +2%
    2002-- $207,060 +27%
    2000-- $163,000
    Find assessor info on the county website

    Neighborhood: Arleta

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    Estimated market value
    $1,075,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,075,000

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