Panorama City, CA 91402 9035 Cedros Avenue

9035 Cedros Avenue Panorama City, CA - Image 19035 Cedros Avenue Panorama City, CA - Image 2
Presented By: Tony Azzi with Tony Azzi;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25535855
  • 05/07/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 38
  • Baths • 20
  • SQFT • 15,630
  • Garage • 1

Home Details

9035 Cedros Ave presents an exceptional multifamily investment opportunity in a strong rental submarket. The property is comprised of sixteen spacious 2-bedroom, 1-bath units and two large 3-bedroom, 1.5-bath units, making it well-suited for both small families and larger households. Residents benefit from gated entry and secured parking, providing enhanced safety and peace of mind. On-site laundry facilities add convenience and offer an additional income stream for ownership. Located in a high-demand area with consistently low vacancy rates, the property enjoys excellent accessibility to the 405, 5, and 118 freewaysan attractive feature for commuting tenants. With significant upside potential, investors have the opportunity to add value through interior renovations and rent increases to market levels, making this a compelling asset for both short-term gains and long-term portfolio growth.
Presented By: Tony Azzi with Tony Azzi;

Interior Features for 9035 Cedros Avenue

Bedrooms

Total Bedrooms38

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths20

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 9035 Cedros Avenue

Additional Parcels Y/NNo
Attached Garage Yes
Cap Rate5.12
Carport Y/NNo
CityPanorama City
Community FeaturesGated
CountyLos Angeles
DirectionsFrom LAX, take I-405 North toward Sacramento. Continue for about 20 miles, then take exit 68 for Roscoe Blvd. Turn right on Roscoe, then left on Cedros Ave. The destination will be on your right.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income339121.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet25498.0
Lot Size UnitsSquareFeet
MLS AreaPC - Panorama City
MobileHomeRemainsYNNo
Net Operating Income163869.0
New ConstructionNo
Number Of Units Total18
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1976
ZoningLAR3

Exterior for 9035 Cedros Avenue

Building Area Total15630.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions110x232
Lot Size Acres0.5854
Lot Size Area25498.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking31.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,200,000
MLS#25535855
List Date 05/07/2025
Property Type Multi-Family
Phone 714.742.6515
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