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8345 Kester, Panorama City, CA 91402

$950K4bd · 3ba · 2,417 sqft
Lot 8,221 sqft•Single Family Residence•
Active
•338d on market•MLS# IG-25255913

Property Description

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.

Features & Amenities

FeeBuilt 1954

Property Details

Land Type
Fee
Year Built
1954
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
City
Panorama City
Zip Code
91402
County
Los Angeles
Listed byREALTY MASTERS & ASSOCIATES, Mariano Solinap

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,802.71
Principal & Interest
Loan Amount
$759,840
Total Interest
$969,134
Total Payment Over 30 Years
$1,728,974
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

8345 Kester, Panorama City, CA 91402

Panorama City · Single Family Residence

$950K
Residential Tier
Beds
4
Baths
3
Sqft
2,417
Lot
8,221 sqft
Year
1954
$/Sqft
$393
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 9.1% below the median closed sale of $1,045,000. Price per sqft ($393) is a 19% discount to closed comps ($488).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $950K· $393/sqft
Total list price
Closed comps
vs closed median $1.04M
−$95K (−9.1%)
Active comps
vs active median $947K
+$3K (+0.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $509
−$116 (−22.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
14921 TitusPanorama City1960332,2577,336$398$899,0006688
8007 BroadleafPanorama City1950441,9506,573$486$947,0004783
7842 Clearfield AvenuePanorama City1950331,8636,336$631$1.18M5182
8645 WakefieldPanorama City1948532,0025,279$472$945,00010879
7918 Hazeltine AvenuePanorama City1949632,0605,505$558$1.15M7279
Total: 5 · Average4.23.22,026.46,205.8$509$1.02M68.8
Median2,002$947,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
8344 SalomaPanorama City195605/12/2026432,8047,903$1.07M$1.04M$3730.974990
8018 MatilijaPanorama City195107/29/2026432,1256,190$899,000$950,000$4471.066988
8613 KatherinePanorama City194807/01/2026432,0946,699$975,000$950,000$4540.973388
8064 CrosnoePanorama City196306/12/2026332,1426,770$1.20M$1.18M$5490.982884
8401 KesterPanorama City195806/05/2026542,0228,861$1.25M$1.25M$6181.008682
Total: 5 · Average4.03.22,237.47,284.6$1.07M$1.07M$488.2—53
Median2,125$1.04M$1.04M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.