8723 Cedros Avenue, 55, Panorama City, CA 91402
8723 Cedros Avenue, 55, Panorama City, CA 91402
Property Description
Welcome to this beautifully and totally renovated interior two-story townhouse, offering 2 spacious bedrooms, 3 bathrooms (1 full, 1 half, 1 one-quarter), and approximately 1,100 sq ft of thoughtfully designed living space in one of Panorama City's most desirable gated communities. The bright and open floor plan is filled with natural light and features a seamless flow between the living, dining, and kitchen areas perfect for everyday living and entertaining. New paint, flooring, kitchen, bathrooms, appliances. Enjoy the new central heating and air conditioning, and ample storage. The kitchen opens to a large, private patio ideal for outdoor dining and gatherings, with direct access to a 2-car side-by-side garage and convenient in-garage laundry hookups. Upstairs, the generously-sized primary bedroom offers a peaceful retreat, complete with large windows and abundant closet space. Residents of this well-kept, secure community enjoy resort-style amenities including two sparkling pools, 1 for adults and 1 for kids , relaxing spa, and picnic area. With dual access from Cedros Avenue and Willis Avenue, this home is ideally located near the Sepulveda Recreation Center, Panorama Mall, local schools, public transportation, and the I-405 Freeway. A perfect opportunity for first-time buyers, downsizers, or investors seeking a turnkey home in a vibrant, amenity-rich neighborhood. Available for lease for $3,950 MLS # 26102729 and option to buy.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Panorama City · Condominium
Listed 7.1% below the median closed sale of $495,000.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 8714 Willis | Panorama City | 1978 | 2 | 2 | 1,100 | 178,171 | $365 | $402,000 | 5 | 89 |
| 9131 Burnet Ave | North Hills | 1980 | 2 | 3 | 1,130 | 66,201 | $420 | $475,000 | 47 | 84 |
| 9140 Burnet | North Hills | 1985 | 2 | 3 | 1,275 | 39,685 | $389 | $495,500 | 21 | 82 |
| 14924 Nordhoff Street | North Hills | 1981 | 2 | 3 | 1,069 | 34,246 | $463 | $495,000 | 296 | 81 |
| 9041 Van Nuys Boulevard | Panorama City | 1980 | 2 | 3 | 1,569 | 56,365 | $335 | $525,000 | 34 | 79 |
| Total: 5 · Average | 2.0 | 2.8 | 1,228.6 | 74,933.6 | $394.4 | $478,500 | 80.6 | |||
| Median | 1,130 | $495,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9131 Burnet Avenue | North Hills | 1980 | 09/09/2026 | 2 | 3 | 1,130 | 66,201 | $495,000 | $495,000 | $438 | 1.00 | 48 | 84 |
| 8435 Burnet | North Hills | 1979 | 05/07/2026 | 2 | 2 | 1,120 | 71,989 | $485,000 | $500,000 | $446 | 1.03 | 51 | 81 |
| 14325 Terra Bella Street | Los Angeles | 1985 | 08/28/2026 | 2 | 3 | 1,246 | 56,053 | $485,000 | $475,000 | $381 | 0.98 | 43 | 79 |
| 8347 Burnet Ave | North Hills | 1978 | 08/18/2026 | 2 | 2 | 1,227 | 35,992 | $495,888 | $500,000 | $407 | 1.01 | 46 | 76 |
| 8744 Burnet Avenue | North Hills | 1991 | 07/29/2026 | 2 | 3 | 1,279 | 24,280 | $459,999 | $439,999 | $344 | 0.96 | 119 | 75 |
| Total: 5 · Average | 2.0 | 2.6 | 1,200.4 | 50,903 | $481,999.8 | $481,999.8 | $403.2 | — | 61.4 | ||||
| Median | 1,227 | $495,000 | $495,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.