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9051 Cedros Ave APT 8, Panorama City, CA, 91402

2beds
2baths
998sqft
$430,000
$431price/sqft
$3,148/moest. monthly cost
$125,920/yrincome needed

About This Home

Beautiful 2 bed, 2 bath condo with an open-concept layout, granite countertops, and a welcoming fireplace. Located in an HOAcommunity with maintained common areas. Section 8 approved--great opportunity for investors seeking consistent rental potential.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

--
3/10
James Monroe High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1978

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 998
  • Total interior livable area: 998 sqft

Property

Details

  • Parcel number: 2651012076
  • Zoning: Condo
  • Zoning description: Condo

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.58 Acres

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,174$26,088
Home Insurance *$77$924
Property Taxes $499$5,988
Electricity $398$4,786
Total$3,148$37,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,931/yr
40% on housing$94,440/yr
45% on housing$83,946/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$431This listing

vs Other Active Listings

Avg $/sqft

ZIP 91402$360
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 91402$591
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$430,000
2024-09-13Listing removed$2,666
2024-06-21Listed for rent$2,666
2009-06-12Sold$69,000
2005-10-07Sold$254,000
2000-06-23Sold$76,000
1999-05-13Sold$18,275
1997-12-05Sold$40,000
1997-04-09Sold$28,000

For Sale by Agent

AgentMonica L. Madrigal
BrokerageNext Level Realty - Miramar

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