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8705 Cedros Ave #8, Panorama City, CA, 91402

2beds
3baths
1,100sqft
$455,000
$414price/sqft
$3,034/moest. monthly cost
$121,360/yrincome needed

About This Home

Turnkey, light-filled designer-renovated two-story townhouse with premium oak hardwood floors and high-end finishes throughout, offering the feel of a brand-new home in a highly desirable gated community in Panorama City. This beautifully reimagined residence features approximately 1,100 sqare feet of thoughtfully designed living space, including a spacious living room, elegant dining area, stylish powder room, and convenient in-unit laundry. The brand-new kitchen offers modern finishes, a charming breakfast area, and double sliding doors that open to a private patio surrounded by mature trees, creating a serene outdoor retreat perfect for relaxing or entertaining. Upstairs, two spacious, light-filled bedrooms offer comfort and style with custom designer closets and built-in shelving. The primary bedroom includes a dressing area with vanity and sink, complemented by a beautifully updated full bathroom with double sinks. Additional highlights include a private two-car garage. Residents enjoy resort-style amenities within this meticulously maintained gated complex, including a lush garden grounds, two sparkling swimming pools, and relaxing spa. A rare opportunity to enjoy stylish, turnkey living in the heart of Panorama City.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

5/10
Vista Middle SchoolGrades 6-80.6 mi
3/10
James Monroe High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1978

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary
  • Property subType: Residential,Condominium,Townhouse

Interior

Appliances

  • Appliances included: Disposal,Exhaust Fan,Dryer,Dishwasher,Freezer,Microwave,Range/Oven,Refrigerator,Washer
  • Laundry features: In Garage,Inside,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • 1/4 bathrooms: 1

Features

  • Built-Ins,Ceiling Fan(s)
  • Flooring: Hardwood,Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Property

Details

  • Parcel number: 2653004046
  • Attached to another structure: Yes
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Heated,Association,In Ground,Community
  • Spa features: Association Spa,Community,In Ground,Heated
  • Has view: Yes
  • View description: Walk Street

Parking

  • Total spaces: 2
  • Parking features: Detached,Direct Access,Garage Door Opener,Private Garage,Side By Side
  • 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 $2,300$27,600
Home Insurance *$82$984
Property Taxes $254$3,048
Electricity $398$4,786
Total$3,034$36,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,022/yr
40% on housing$91,020/yr
45% on housing$80,906/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

$414This 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
2026-07-02Listed for sale$455,000
2025-04-04Listing removed$475,000
2025-01-03Listed for sale$475,000

For Sale by Agent

AgentBijan Raphael
BrokerageNexus Prive, Inc.

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