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8801 Cedros Ave APT 7, Panorama City, CA, 91402

3beds
3baths
1,971sqft
$670,000
$340price/sqft
$4,612/moest. monthly cost
$184,480/yrincome needed

About This Home

This exceptional HUGE remodeled and spacious corner Town House unit featuring 3 bedrooms, 2.5 bathrooms, and an attached side-by-side 2-car private garage, with approximately 1,971 sqft. Situated at the rear of a fully gated community, this home offers added privacy, quiet, and abundant guest parking behind the gates. The entry level includes a private garage with direct access to a large utility and storage room with full-size laundry hookups. The main floor has a bright, open-concept living area with new luxury vinyl plank flooring, recessed lighting, a fireplace, balcony, powder room, dining area, and built-in bar. The spacious eat-in kitchen features modern cabinetry, stainless steel appliances, and space for a breakfast table. A bonus room on this level offers flexibility as a potential 4th bedroom, office, den, or playroom. Upstairs, the large primary suite includes multiple closets and an remodeled bathroom with dual vanities and a step-in glass shower. Two additional bedrooms and a full hallway bathroom complete the top floor. Beautifully maintained and move-in ready, this home combines size, style, and location in a desirable gated community. MOTIVATED SELLER

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

5/10
Vista Middle SchoolGrades 6-80.7 mi
3/10
James Monroe High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1981

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside,In Garage,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,971 sqft

Property

Details

  • Parcel number: 2653004149
  • Attached to another structure: Yes
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: 1
  • Pool features: In Ground,Association

Lot

  • Lot size: 1.09 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $3,387$40,644
Home Insurance *$121$1,452
Property Taxes $682$8,184
Electricity $422$5,071
Total$4,612$55,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,125/yr
40% on housing$138,360/yr
45% on housing$122,986/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

$340This listing

vs Other Active Listings

Avg $/sqft

ZIP 91402$358
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
2026-08-11Listed for sale$670,000
2025-11-01Listing removed$689,000
2025-06-23Listed for sale$749,000
2024-05-10Sold$645,000
2024-03-14Pending sale$648,880
2024-02-14Contingent$648,880
2023-12-20Listed for sale$648,880
2023-05-30Sold$415,000
2023-05-08Pending sale$450,000
2023-05-03Listed for sale$450,000

For Sale by Agent

AgentManvel Solakian
BrokerageKeller Williams R. E. Services

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