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.
Sold for $3,150,000 on 08/19/25
$3,150,000
9035 Cedros Ave, Panorama City, CA 91402
38beds
20baths
15,630sqft
Multi Family
Built in 1976
-- sqft lot
$3,148,300 Zestimate®
$202/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 21, 2025 at 02:41am
Listed by:
Tony Azzi DRE # 00910513 310-666-2828,
Tony Azzi 310-909-5454
Bought with:
Tony Azzi, DRE # 00910513
Tony Azzi
Source: CLAW,MLS#: 25535855

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
- Bathrooms: 20
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 15,630
- Total interior livable area: 15,630 sqft
Property
Parking
- Total spaces: 31
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
Lot
- Size: 0.59 Acres
- Dimensions: 110 x 232
- Features: City Lot
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1976
Community & neighborhood
Security
- Security features: Gated
Location
- Region: Panorama City
Services availability
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Estimated market value
$3,148,300