8723 1/2 Cedros Avenue 55
Panorama City, CA 91402
Listing broker / agent: Nexus Prive, Inc. · Bijan Raphael · CRMLS
MLS # 26102666 · Last checked Oct 21, 2026 04:42 UTC
About this property
Welcome to this beautifully and totally renovated interior two-story townhouse, offering 2 spacious bedrooms, 3 bathrooms (1 full, 1 half, 1 one-quarter), and approximately 1,100 sq ft of thoughtfully designed living space in one of Panorama City's most desirable gated communities. The bright and open floor plan is filled with natural light and features a seamless flow between the living, dining, and kitchen areas perfect for everyday living and entertaining. New paint, flooring, kitchen, bathrooms, appliances. Enjoy the new central heating and air conditioning, and ample storage. The kitchen opens to a large, private patio ideal for outdoor dining and gatherings, with direct access to a 2-car side-by-side garage and convenient in-garage laundry hookups. Upstairs, the generously-sized primary bedroom offers a peaceful retreat, complete with large windows and abundant closet space. Residents of this well-kept, secure community enjoy resort-style amenities including two sparkling pools, 1 for adults and 1 for kids , relaxing spa, and picnic area. With dual access from Cedros Avenue and Willis Avenue, this home is ideally located near the Sepulveda Recreation Center, Panorama Mall, local schools, public transportation, and the I-405 Freeway. A perfect opportunity for first-time buyers, downsizers, or investors seeking a turnkey home in a vibrant, amenity-rich neighborhood. Available for lease for $3,950 MLS # 26102729 and option to buy.
Property details
- MLS number
- 26102666
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 2 Beds • 3 Baths
- Living area
- 1,100 (area; units unconfirmed)
- Lot size
- 4.0902 acres
- County
- Los Angeles
- Year built
- 1978
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 3
Building
- Year built
- 1978
- Architectural style
- Contemporary
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
Bathrooms
- Full bathrooms
- 1
- Half bathrooms
- 1
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 1
Rooms & interior
- Rooms
- Living Room
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
- Interior features
- Ceiling Fans
- Flooring
- Laminate, Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- In Garage
- Furnishing
- Unfurnished
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Direct Access, Garage, Garage Door Opener, Private, Side By Side
- Attached garage
- No
- Pool
- Fenced, In Ground, Association
- Spa
- Association, In Ground
- Patio / porch
- Concrete, Open, Patio
- Property outlook
- Pool
Utilities & community
- Sewer
- Other
- Community features
- Gated
- Association amenities
- Controlled Access, Pool, Spa Hot Tub, Water
Fees & lease terms
- Association
- Yes
- Association fee
- $575.00
- Association fee frequency
- Monthly
- Pets
- Yes
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Panorama City Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.2 mi |
| Alta California Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.3 mi |
| Rosa Parks Learning Center (school website, opens in a new tab) Los Angeles Unified · North Hills | K–5 | 0.4 mi |
| Primary Academy for Success (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–2 | 0.4 mi |
| Noble Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · North Hills | K–5 | 0.6 mi |
| Vista Middle (school website, opens in a new tab) Los Angeles Unified · Panorama City | 6–8 | 0.6 mi |
| Valor Academy Middle (school website, opens in a new tab) Los Angeles Unified · North Hills | 5–8 | 0.6 mi |
| Michelle Obama Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.7 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $460,000
- MLS-reported original asking price
- $460,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 16, 2026 17:13 | $460,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Panorama City
Active residential homes for sale in Panorama City, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
6 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 05:04 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗