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Shawn Luong
626-643-7090
reoagent@shawnluong.com

CalBRE# 00857818
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Shawn Luong
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626-643-7090
reoagent@
shawnluong.com

CalBRE# 00857818
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8800 Cedros Avenue UNIT 102,  Panorama City CA, 91402 (Residential)

2 beds , 2 Full baths
1,002 sqft
Status: Sold
MLS#: CV17173608
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Last Updated: 12/18/2017 2:02 PM
Description for 8800 Cedros Avenue UNIT 102 Panorama City, CA 91402
Hurry to see this spacious 2 bed/2 bath condo over 1000 Sq conveniently located in a gated community. One of the Lowest priced condo for the size in the neighborhood. The unit is tenant occupied with a low $1100 per month which has not been increased for years. The median rentals for a 2-bedroom in the neighborhood are $1750. The Gross Rent Multiplier is a low 10.47 as compared to the GRM of 12 in the area. Other units are rented for $1800 per month. The potential cash on cash return is 10+% with 20% down and a 30-year fixed rate of 4.75%. The all-cash return is 6.8%. The unit features open floor plan, separate dining area off the kitchen, a master suite with a 3/4 bath and a walk-in closet. The complex offers a swimming pool, laundry room, with water, trash, building insurance and maintenance included in the HOA dues. The unit comes with 2 carports.
Price
Sold Price:
$200,000
Sold Date:09/15/2017
Los Angeles
2
2 Full
1,002 (approx)
CV17173608
Closed
Description
Hurry to see this spacious 2 bed/2 bath condo over 1000 Sq conveniently located in a gated community. One of the Lowest priced condo for the size in the neighborhood. The unit is tenant occupied with a low $1100 per month which has not been increased for years. The median rentals for a 2-bedroom in the neighborhood are $1750. The Gross Rent Multiplier is a low 10.47 as compared to the GRM of 12 in the area. Other units are rented for $1800 per month. The potential cash on cash return is 10+% with 20% down and a 30-year fixed rate of 4.75%. The all-cash return is 6.8%. The unit features open floor plan, separate dining area off the kitchen, a master suite with a 3/4 bath and a walk-in closet. The complex offers a swimming pool, laundry room, with water, trash, building insurance and maintenance included in the HOA dues. The unit comes with 2 carports.
Listing Information
Property Type: Condo, 1 Story
2 2 Full
1.11 Acres 48,619 sq.ft. 1,002 (approx)
$199.6 1977
1
Neighborhood
School Information
District: Los Angeles Unified
Room Information
Bathrooms
2
Interior Features
Gas Range/Cooktop
Window/Wall Unit
No Fireplace
Exterior / Lot Features
Assigned Parking Space
None
Community Pool
Sidewalks, Street Lights, Curbs Walk, Suburban
Community Features
Community Pool
Driving Directions
South of Nordhoff North of Parthenia
Financial Considerations
$238
2653003070
Listing Price History

Panorama City Real Estate

Panorama City is located in California.

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Courtesy: SHAWN LUONG - CENTURY 21 MASTERS
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

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