SOLDAUG 28, 2023
8827 Van Nuys Blvd
Panorama City, CA 91402
Panorama City
14 Beds
13 Baths
8,699 sqft
- 14 Beds
- 13 Baths
- 8,699 sqft
$3,360,000
Last Sold: Aug 28, 2023
4% below list $3.5M
$386/sqft
Est. Refi. Payment $21,442/mo*
$3,360,000
Last Sold: Aug 28, 2023
4% below list $3.5M
$386/sqft
Est. Refi. Payment $21,442/mo*
14 Beds
13 Baths
8,699 sqft
Homes for Sale Near 8827 Van Nuys Blvd
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0.39 ACRESKelly Morgan DRE # 01898026, KW Advisors- Roderick 'Rick' Raymundo DRE # 01357019, Marcus & Millichap
- NEW CONSTRUCTION0.65 ACRESLimor Carey DRE # 01334233, American Dream Realty, Inc.
- Laura Markosian DRE # 01291002, Coldwell Banker Realty
- 0.32 ACRESRoderick 'Rick' Raymundo DRE # 01357019, Marcus & Millichap
See more homes for sale inPanorama CityTake a look
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from August 28, 2023
We are pleased to present this brand new construction 9-unit multifamily property in Panorama City, California. Built in 2023, this property is completely free of all rent control. Also, the property is located in an opportunity zone. This 8,699 square foot apartment building sits on a 0.19 acre lot, and it boasts a strong unit mix of (5) 1 Bed / 1 Bath units, (3) 2 Bed / 2 Bath units, and (1) 3 Bed / 2 Bath unit. All of these brand new units are large, bright and spacious units that offer the tenants all modern amenities including tall ceiling heights, hardwood floors, central AC, all new kitchens with modern appliances and cabinetry, washer/dryer inside each unit, private balconies with views, and individual water heaters. The property also provides ample on-grade, tuck under parking for all tenants which is located safety behind the gated gated entrance/driveway. This brand new construction property will have extremely low expenses for the buyer. Because it is separately metered for all utilities, including water, the buyer will only be responsible to pay for the small amount of common area utilities. Furthermore, since this is a brand new building with all major systems on warranty, there will be very little repairs & maintenance costs for years to come. This opportunity is perfect for the investor who wants easy management, top of the market rents, low expenses and maintenance, and completely free of all rent control, in a strong rental pocket of the San Fernando Valley.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$386/sqft
Listed
180+ days ago
Home Details for 8827 Van Nuys Blvd
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 13 |
Dimensions and Layout Living Area: 8699 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 3 |
Exterior Features |
|---|
Exterior Home Features Other Structures: None |
Parking & Garage No CarportHas a GarageNo Attached GarageParking Spaces: 18Parking: Converted Garage |
Property Information |
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Year Built Year Built: 2022 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
|---|
Price List Price: $3,500,000Price Per Sqft: $386/sqft |
Status Change & Dates Off Market Date: Mon May 08 2023 |
Active Status |
|---|
MLS Status: Sold |
Location |
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Direction & Address City: Panorama City |
Building |
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Building Area Building Area: 8699 Square Feet |
Lot Information |
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Lot Area: 8137.008 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 22-123331 |
Last check for updates: 1 day ago
Listed by Filip Niculete DRE # 01905352, (818) 212-2817
Marcus & Millichap, (818) 212-2700
Haik Bokhchalian DRE # 01325511
JohnHart Real Estate, (818) 246-1099
Bought with: Jane Kim DRE # 00988556, (213) 382-4242, Hana Realty, (213) 382-4242
Source: CLAW, MLS#22-123331
Price History for 8827 Van Nuys Blvd
| Date | Price | Event | Source |
|---|---|---|---|
| 08/28/2023 | $3,360,000 | Sold | CLAW #22-123331 |
| 05/08/2023 | $3,500,000 | Pending | CLAW #22-123331 |
| 03/15/2023 | $3,500,000 | PendingToActive | JohnHart Real Estate #22123331 |
| 01/30/2023 | $3,500,000 | Pending | CLAW #22-123331 |
| 08/24/2022 | $3,500,000 | PendingToActive | JohnHart Real Estate #22123331 |
| 03/01/2022 | $3,500,000 | Pending | CLAW #22-123331 |
| 01/31/2022 | $3,500,000 | Listed For Sale | CLAW #22-123331 |
| 03/29/2016 | $420,000 | Sold | CLAW #15965663 |
| 03/23/2016 | $450,000 | Pending | Agent Provided |
| 01/09/2016 | $450,000 | PriceChange | Agent Provided |
| 12/16/2015 | $495,000 | Listed For Sale | Agent Provided |
| 08/27/2003 | $240,000 | Sold | N/A |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $42,324 |
| Assessment | $3,431,045 |
Home facts updated by county records
Comparable Sales for 8827 Van Nuys Blvd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.84 | Multi-Family Home | $2,940,000 | 09/28/23 | 20 | 12 | 9,480 | |
0.84 | Multi-Family Home | $2,940,000 | 09/28/23 | 20 | 12 | 9,480 | |
0.81 | Multi-Family Home | $3,590,000 | 04/05/24 | 19 | 25 | 13,422 | |
1.18 | Multi-Family Home | $1,280,000 | 10/06/23 | 12 | 6 | 5,418 | |
1.07 | Multi-Family Home | $3,115,000 | 12/26/23 | 32 | 20 | 15,806 | |
1.58 | Multi-Family Home | $1,250,000 | 11/21/23 | 7 | 5 | 2,707 | |
1.45 | Multi-Family Home | $1,570,000 | 09/05/23 | 6 | 5 | 3,934 |
Assigned Schools
These are the assigned schools for 8827 Van Nuys Blvd.
- Vista Middle School
- 6-8
- Public
- 1237 Students
3/10GreatSchools RatingParent Rating AverageI like to say to the parent that post a review on February,28,2023. That I know what they are talking about they do a paper call it safety plan. It's a joke. And they pinalize you if you try to talk to other parents. I talk to the district and nothing has being done. The bullying and the fights are almost daily. And the stuff, except for a selected few , do nothing about this. Then they try to cover it up. Making up stories. I think what is left is to eather talk to our Congress representative. Or the board of education. If in need maybe any one out there that is suffering of these please contact me. Together we can make the change happens. Here it is, hopping they won't delete my information , five, six, two, three, three, four, zero , nine, nine , four. Reach out. Let make our voice, our children's voice heard.Parent Review7mo ago - Northridge Academy High
- 9-12
- Public
- 970 Students
7/10GreatSchools RatingParent Rating AverageGreat school, except the fact that there is only one bathroom open at a time EVER and There are 10 boys in there at a Time.Student Review2y ago - James Monroe High School
- 9-12
- Public
- 1942 Students
4/10GreatSchools RatingParent Rating AveragePor favor traten mejor a sus pacientes de enfermería, con la salud no se juega y hay personas que de verdad si pueden estar mal y por decir la verdad deciden hacer maltrato verbal. 4/10Parent Review1y ago - Alta California Elementary School
- K-5
- Public
- 645 Students
7/10GreatSchools RatingParent Rating AverageMy daughter loves Alta and she has a button that she wears with pride. She loves her teacher, Ms. Ballestero.Parent Review7y ago - Valley Academy Of Arts And Sciences
- 9-12
- Public
- 994 Students
7/10GreatSchools RatingParent Rating AverageI really like this school because it is diverse and I felt very welcome at this schoolStudent Review4y ago 
Check out schools near 8827 Van Nuys Blvd.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Panorama City
- Trulia User
- Resident
- 8mo ago
"I see a lot of people walking their dogs some pick up others don’t. Dogs are always on leash. Sidewalk are wide enough to get through. Most people move to this area because they have dogs. It’s not the best place but you get to live with your dog. "
- Trulia User
- Resident
- 10mo ago
"Yes. Everyone walks their dogs. They are very friendly. They are very social as well. People here usually have 2 or more dogs"
- Trulia User
- Resident
- 1y ago
"This is a good area for sure and the stores have good quiet products and make sure that we have most of what we need … this is a good area for kids to grow "
- Trulia User
- Resident
- 2y ago
"Lots of crimes and feel unsafe when traveling in public transport with kids. Some area-panorama, have high crime rate. Great taco stands in this area tho. "
- Trulia User
- Resident
- 2y ago
"People drive really fast in this street, so be prepared to not have the kids play freely in the street."
- Trulia User
- Resident
- 2y ago
"Lots of untrained dogs and no dog parks. There are no dog friendly places. Panorama Towers is the only place that is completely dog friendly. "
- Grace V.
- Resident
- 3y ago
"The neighborhood is filled with diversity. Close to Freeway 5 and 405, stores, schools, and parks (Sepulveda Recreation Center). "
- Sally C.
- Resident
- 3y ago
"traffic is okay can get bad sometimes around 7 not too bad only on van nuys around 5-7 pm or early morning "
- Hugo J.
- Resident
- 4y ago
"The diversity and culture. Lived here all my life. Everyone is friendly and loves to party. If you have pets that don’t like the 4th of July, this isn’t the City for you."
- Allen S.
- Resident
- 4y ago
"Short but not worth it, not safe. People are mean and will run you over given the chance. Leave nothing in car or out in the open."
- Jwekzz23
- Resident
- 4y ago
"I’m not aware of any community events. But we do have a lot of shops around here which makes it convenient. "
- Rachel R.
- Resident
- 4y ago
"This place is horrible. Dirty, homeless people camped out. Regret my move here 100%. I have had issue after issue with management trying to get them to do their job. Our car has been broken into..... in a gated parking garage. Safety is not a thing here "
- Babigourl1629
- Resident
- 4y ago
"Nothing makes it unique it’s not a good place here in my opinion I dislike living in this area a lot of messes and crazy people"
- Diza I.
- Resident
- 4y ago
"There are no events going on , on my neighborhood . Some walk their dogs and greet friendly . Other than that barely see neighbor around unless they are cleaning their front yard . Have 5X bikes stolen inside front yard though. "
- Erick P.
- Resident
- 4y ago
"it's not a good area to walk a dog... there's too many apartment buildings with no grass or garden in front of them"
- Jacqueline R. L.
- Resident
- 4y ago
"There’s trash everywhere. No one cleans up after their dogs. You’ll hear a cop or an ambulance at least once a week. "
- Pankekes2012
- Resident
- 4y ago
"parking is horrible but it's a calm city no major issues great place to live there's a lot of stuff close by"
- Babigourl1629
- Resident
- 4y ago
"This place honestly sucks the schools do too there is trash everywhere perverted men and it’s very noisy "
- Erick P.
- Resident
- 4y ago
"overcrowded... after 4:00 pm you will never find parking on the street... the closest parking it's 7 to 10 blocks away... not a place to raise kids not safe at all"
- Martin G. A.
- Resident
- 4y ago
"yes this is a family neighborhood. i feel safe in the neighborhood. pretty quite.you can walk at night with peace of mind."
- Jose S.
- Resident
- 4y ago
"Don’t like it, huge parking problem on the street, also people leave too much garbage on the sidewalks, like old furniture, used appliances old dirty mattresses used toys clothes anything I see it every day. "
- Carlos G
- Resident
- 4y ago
"It’s an ok area, too many homeless people in j the are. Schools near by as well as parks. Local church also near. "
- Martin G. A.
- Resident
- 5y ago
"i lived in this neighborhood for the last 3 years. its a quite neighborhood.safe and i feel comfortable walking at nite."
- Zabriean m.
- Resident
- 5y ago
"This neighborhood is not very friendly to say the least. I grew up around here and love the people in it but if I’m being honest this ain’t it"
- David G.
- Resident
- 5y ago
"i dnt even know what is so unique about this neighborhood probably everything is close by like markets walmart and the panorama mall"
- Gmontoya17
- Resident
- 5y ago
"there are many dog owners in the neighborhood. It is safe to walk around during morning and the day. There isnt much light at night. "
- Shane A.
- Resident
- 5y ago
"The city of panorama is pretty safe when it comes to living in the area. Although it may not seem like a thriving city it has a close neighbor family relationship."
- David G.
- Resident
- 5y ago
"not finding parking panorama is the worst to try to get a parking space if u leave in a building bt if u leave in a house u got more space"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 8827 Van Nuys Blvd
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Off Market Homes Near 8827 Van Nuys Blvd
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- SOLDAPR 5, 2024Hooman Emanuel DRE # 01200237, Keller Williams Studio City
- SOLDMAR 18, 2024
- SOLDMAR 15, 2024Ariel Sayani DRE # 02072610, Keller Williams Beverly Hills
- SOLDMAR 13, 2024David Solomon DRE # 01386406, Douglas Elliman of California, Inc.
- SOLDMAR 5, 2024
- See more homes for sale inPanorama CityTake a look
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8827 Van Nuys Blvd, Panorama City, CA 91402 is a 14 bedroom, 13 bathroom, 8,699 sqft multi-family built in 2022. 8827 Van Nuys Blvd is located in Panorama City, Panorama City. This property is not currently available for sale. 8827 Van Nuys Blvd was last sold on Aug 28, 2023 for $3,360,000 (4% lower than the asking price of $3,500,000). The current Trulia Estimate for 8827 Van Nuys Blvd is $3,526,500.