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Sold for $3,150,000
  • $3,150,000

    9035 Cedros Ave, Panorama City, CA 91402

    38beds
    20baths
    15,630sqft
    Multi Family
    Built in 1976
    -- sqft lot
    $3,138,200 Zestimate®
    $202/sqft
    $2,057 Estimated rent

    Home value

    $3,138,200

    $2.82M - $3.48M

    $2,057/mo

    Zestimate® history
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    $2,057/mo

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    $20,050/mo

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    What's special

    9035 Cedros Ave presents an exceptional multifamily investment opportunity in a strong rental submarket. The property is comprised of sixteen spacious 2-bedroom, 1-bath units and two large 3-bedroom, 1.5-bath units, making it well-suited for both small families and larger households. Residents benefit from gated entry and secured parking, providing enhanced safety and peace of mind. On-site laundry facilities add convenience and offer an additional income stream for ownership. Located in a high-demand area with consistently low vacancy rates, the property enjoys excellent accessibility to the 405, 5, and 118 freewaysan attractive feature for commuting tenants. With significant upside potential, investors have the opportunity to add value through interior renovations and rent increases to market levels, making this a compelling asset for both short-term gains and long-term portfolio growth.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tony Azzi DRE # 00910513 310-666-2828,

    Tony Azzi 310-909-5454

    Bought with:

    Tony Azzi, DRE # 00910513

    Tony Azzi

    Source: CLAW,MLS#: 25535855MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 38
    • Bathrooms: 20
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 15,630
    • Total interior livable area: 15,630 sqft

    Property

    Parking
    • Total spaces: 31
    • Parking features: Attached
    • Has attached garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fenced
    Lot
    • Size: 0.59 Acres
    • Dimensions: 110 x 232
    • Features: City Lot
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1976

    Community & HOA

    Community
    • Security: Gated
    Location
    • Region: Panorama City

    Financial & listing details

    • Price per square foot: $202/sqft
    • Tax assessed value: $2,844,571
    • Date on market: 5/8/2025

    Price history

    DateEventPrice
    8/19/2025Sold$3,150,000-1.6%$202/sqft
    Source: CLAW #25535855 Report a problem
    5/21/2025Contingent$3,200,000$205/sqft
    Source: CLAW #25535855 Report a problem
    5/8/2025Listed for sale$3,200,000$205/sqft
    Source: CLAW #25535855 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Panorama City

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $3,138,200
    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
    $3,138,200