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$3,150,000
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Property Description
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.
Full Property Details
Full Property Details for 9035 Cedros Ave
General
- Sold For: $3,150,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25535855
- Added to Site: 260 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 20
Bedrooms
- Total Bedrooms: 38
Additional Information
- Security/Safety: Gated
- Other Features: None
Parking
- Garage Description: Attached
Location
- Area: Panorama City
- County: Los Angeles
- Driving Directions: From 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.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 15,630
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1976
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 18
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1.5
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.5854
- Lot Size: 25498
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 110 x 232
- Lot Features: City
- Zoning: LAR3
- Lot Description: Fenced
Financial Considerations
- Price Per Sq. Ft.: $204.73
- Assessment Year: 1976
Disclosures and Reports
- Disclosures/Reports: None
- APN: 2651-012-011
Listed and Sold by Tony Azzi, Tony Azzi
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Schools
Schools serving 9035 Cedros Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Primary Academy For Success 9075 Willis Ave., Los Angeles, CA 91402 | PK-2 | 0.1 mi |
Alta California Elementary School 14859 Rayen St., Los Angeles, CA 91402 | K-2 | 0.2 mi |
Francisco Sepulveda Middle School 15330 Plummer St., Los Angeles, CA 91343 | 6-8 | 0.9 mi |
Northridge Academy High 9601 Zelzah Ave., Los Angeles, CA 91325 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9035 Cedros Ave
Date
Details
Price
Change
Source
8/19/2025
Sold
$3,150,000
-1.56%
MLS
5/01/2025
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9035 Cedros Ave, Panorama City, CA 91402 (MLS# 25535855) is a Multi-Family property that was sold at $3,150,000 on August 19, 2025. Want to learn more about 9035 Cedros Ave? Do you have questions about finding other Multi-Family real estate for sale in Panorama City? You can browse all Panorama City real estate or contact a Coldwell Banker agent to request more information.

