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8723 Cedros Avenue, 55, Panorama City, CA 91402

$475K2bd · 3ba · 1,100 sqft
Lot 178,171 sqft•HOA $575/mo•Condominium•
Active
•102d on market•MLS# 00-26828885

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.

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Pool, Water
Flooring
Carpet, Laminate, Wood
City
Panorama City
Zip Code
91402
County
Los Angeles
Listed byNexus Prive, Inc., Bijan Raphael

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,401.86
Principal & Interest
Loan Amount
$380,000
Total Interest
$484,669
Total Payment Over 30 Years
$864,669
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

Affordable Tier · 5 active · 4 closed

8723 Cedros Avenue, 55, Panorama City, CA 91402

Panorama City · Condominium

$475K
Affordable Tier
Beds
2
Baths
3
Sqft
1,100
Lot
4.09 ac
Year
1978
$/Sqft
$432
Pool: Yes✓
Spa: Yes✓
View: water✓

Listed in line with the median closed sale of $468,000. Closed comps sold at 103% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $475K· $432/sqft
Total list price
Closed comps
vs closed median $476K
−$1K (−0.2%)
Active comps
vs active median $444K
+$31K (+7.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $396
+$36 (+9.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
14715 Parthenia StreetPanorama City1978231,100178,171$409$450,00010192
7924 Woodman AvenuePanorama City1971221,11790,645$397$444,0001084
9601 Sylmar AvenuePanorama City1980321,0960$428$469,0005182
8800 Cedros AvenuePanorama City1977221,00248,672$379$379,9001682
8800 Cedros AvenuePanorama City19772288148,613$369$324,9003781
Total: 5 · Average2.22.21,039.291,525.25$396.4$413,56043
Median1,096$444,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7924 Woodman AvenuePanorama City197109/30/2026221,11790,648$469,995$498,000$4461.0610087
9525 Sylmar AvenuePanorama City198007/13/2026221,07255,177$460,000$460,000$4291.0010586
9051 Cedros AvenuePanorama City197808/30/20262298625,406$390,000$385,000$3900.997481
14401 Plummer StreetPanorama City198108/14/2026321,09852,180$450,000$476,000$4341.064380
Total: 4 · Average2.32.01,068.2555,852.75$454,750$454,750$424.75—80.5
Median1,098$476,000$476,000

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.