Investor Opportunity! NO HOA. Corner LOT property with an expansive 8,221 square feet of land. Potential for a multi-unit apartment conversion, you can live in one bedroom while renting out the remaining rooms! The property is officially listed with 4 bedrooms and 3 bathrooms, along with several bonus and storage rooms (permit status unknown).
Currently generating income as a short-term rental, this property is located in the highly sought-after area of Panorama City, just steps away from the upcoming multi-residential ICON Panorama development. Perfect for first-time homebuyers, investors, or operators of homecare facilities, this property offers immense potential. Enjoy convenient access to schools, the 405 Freeway, supermarkets, department stores, restaurants, and medical facilities.
For sale
Listed by: REALTY MASTERS & ASSOCIATES • Mariano Solinap • Contact: 323-387-8503
$949,800
8345 Kester Ave, Panorama City, CA 91402
4beds
2,417sqft
Single Family Residence
Built in 1954
8,221 Square Feet Lot
$940,500 Zestimate®
$393/sqft
$-- HOA
What's special
Corner lot property
- 305 days
- 194
- 8
Zillow last checked:
Listing updated:
Listed by:
Mariano Solinap DRE #01795547 323-387-8503,
REALTY MASTERS & ASSOCIATES
Source: CRMLS,MLS#: IG25255913
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 7
- Main level bedrooms: 10
Rooms
- Room types: Bedroom, Converted Bedroom, Living Room, Primary Bedroom, Other
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,417 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front gate, side door
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 8,221 Square Feet
- Features: Corner Lot, Front Yard
Details
- Parcel number: 2653022025
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Panorama City
Financial & listing details
- Price per square foot: $393/sqft
- Tax assessed value: $356,705
- Date on market: 11/7/2025
- Cumulative days on market: 305 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
Estimated market value
$940,500
$893,000 - $988,000
$5,397/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Price change | $949,800+33.8%$393/sqft |
Source:  CRMLS #IG25255913 Report a problem | ||
| 1/23/2026 | Price change | $710,000-22.8%$294/sqft |
Source: CRMLS #IG25255913 Report a problem | ||
| 11/18/2025 | Price change | $920,000+22.5%$381/sqft |
Source: CRMLS #IG25255913 Report a problem | ||
| 11/8/2025 | Listed for sale | $750,888-16.6%$311/sqft |
Source: CRMLS #IG25255913 Report a problem | ||
| 7/22/2025 | Listing removed | $899,999$372/sqft |
Source:  CLAW #25507637 Report a problem | ||
| 5/14/2025 | Price change | $899,999-5.2%$372/sqft |
Source: CLAW #25507637 Report a problem | ||
| 3/6/2025 | Listed for sale | $949,000+56.9%$393/sqft |
Source: CLAW #25507637 Report a problem | ||
| 10/25/2005 | Sold | $605,000+116.1%$250/sqft |
Source: Public Record Report a problem | ||
| 4/15/2003 | Sold | $280,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $356,705 +2% |
| 2025 | $4,655 +1.6% | $349,711 +2% |
| 2024 | $4,583 +4.3% | $342,855 +2% |
| 2023 | $4,393 +4.7% | $336,134 +2% |
| 2022 | $4,196 +1.5% | $329,544 +2% |
| 2021 | $4,133 -0.9% | $323,084 +1% |
| 2020 | $4,170 | $319,772 +2% |
| 2019 | $4,170 +6.5% | $313,503 +2% |
| 2018 | $3,916 | $307,357 +2% |
| 2017 | $3,916 +2.2% | $301,331 +2% |
| 2016 | $3,831 +3% | $295,424 +1.5% |
| 2015 | $3,721 +0.9% | $290,988 +2% |
| 2014 | $3,689 | $285,289 -17.1% |
| 2012 | -- | $344,000 -11.1% |
| 2011 | -- | $386,978 +0.8% |
| 2010 | -- | $384,086 -23.2% |
| 2009 | -- | $500,300 |
| 2008 | -- | $500,300 -23.4% |
| 2007 | -- | $652,800 +7.9% |
| 2006 | -- | $605,000 +84.7% |
| 2005 | -- | $327,482 +4% |
| 2004 | -- | $314,768 +275.6% |
| 2003 | -- | $83,797 +2% |
| 2002 | -- | $82,155 +4% |
| 2000 | -- | $78,967 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Panorama City
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