9035 Cedros Avenue, Panorama City, CA 91402

About this property

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.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$3,150,000

Sold August 2025 · listed $3,200,000, on market May 2025 · MLS #25535855 · Source: CRMLS

Listing Agent: Tony Azzi · Listing Office: Tony Azzi · Contact: 310-909-5454 · Bought with: Tony Azzi · Tony Azzi

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