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Sold for $1,835,000 · Jul 2017

SOLD

Listed at $1,750,000

Sold

8836 TOBIAS Avenue, Panorama City, CA 91402

Panorama City, CA

MLS# 17225102

10,544 Sq Ft • Property20bd • 20ba
84 days on market

Listing Agent

Bijan Raphael

Listing Agent

Casey Bohn

DRE #: 01321985

Brokerage: Casey Bohn

Property Details

20

Bedrooms

20

Bathrooms

10,544 sqft

Square Feet

1964

Year Built

0.21 acres

Lot Size

$174

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

The nicest apartment building in the area with true high cap rate. 10-unit multifamily in Panorama city. Very large units, 7 townhouses. Unit mix: one 3+2.5, one 2+2, five 2+1.5, one 2+1, two 1+1.5. Property is centrally located with access to shopping, freeway and transits. Laundry on site, 10 covered and 2 front parking spaces. Major improvements on plumbing. New asphalt throughout parking and driveway. Two units are totally renovated with hardwood and tile flooring, new kitchen, bathrooms and appliances. Total exterior paint with an eye on keeping the integrity of the building period. Very tasteful landscaping. Nothing left to do for the new owners.

Listing description from the July 2017 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
WallWindowUnits

Sale history for 8836 TOBIAS Avenue

2 recorded sales

$1,835,000
Sold July 2017 · listed $1,750,000, on market April 2017, 84 days on market · MLS #17225102 · Source: CRMLS
Listing Agent: Bijan Raphael · Listing Office: Casey Bohn · Contact: 310-367-1222 · Bought with: Marine Makaryan · Equity Union
$1,175,000
Sold December 2013 · listed $1,199,000, on market January 2013, 48 days on market · MLS #S722238 · Source: CRMLS
Listing Agent: Frank Rosen · Listing Office: Titan Equities, Inc. · Contact: 714-960-7190 · Bought with: Bijan Raphael · Real Estate eBroker Inc.

How this sale compares

8836 TOBIAS Avenue sold for $1,835,000 in July 2017, 4.9% over its $1,750,000 list price, after 84 days on the market. That works out to $174 per square foot on 10,544 square feet. Across 101 closed sales in 91402 over the last 12 months, the median sold price is $700,000 and the median is $454 per square foot, 161% above this sale's $174.

$174
This sale, per sq ft
$454
91402 median per sq ft (12 mo)
$700,000
91402 median sold price (12 mo)
101
Closed sales in 91402 (12 mo)
84
Days on market
+4.9%
Sold vs. list price
QuarterClosed sales in 91402Median sold price
Q1 202611$677,000
Q2 202643$715,000
Q3 202636$727,500
Q4 202611$562,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Panorama City · Homes for sale in 91402

Recent sales near 8836 TOBIAS Avenue

Closed sales reported in 91402, nearest first, last 12 months. All recent sales in Panorama City →

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