Welcome to 8843-8845 Tilden Ave – A Prime Investment Opportunity in Panorama City! This exceptional multi-unit property offers a beautifully updated duplex along with a legal ADU, perfectly positioned near Panorama Mall and Plaza del Valle. The triplex consists of a spacious 3-bed, 1-bath unit, a 2-bed, 1-bath unit, and a modern studio ADU with 1 bath. The duplex units were remodeled between 2019 and 2020, and the ADU was legalized in 2021, making this an ideal, low-maintenance investment. Each unit is individually metered for gas and electricity, and tenants are billed separately for water, offering excellent operational efficiency. Set on a generous 6,404 square foot lot, the property provides ample outdoor space, including a front yard, backyard, and private gated entry for the ADU. With six open parking spaces, there's plenty of room for residents and guests. Located just a short distance from popular shops, restaurants, grocery stores, and major freeways like the I-405, I-5, CA-118, and CA-170, this property ensures convenient access to all parts of Los Angeles. Priced competitively and poised for long-term appreciation, this is a remarkable opportunity for investors or owner-users looking for value and future growth potential. Don't miss out on this fantastic property!
Property Details
Property Features
Property Information:
Year Built: 1948
Stories: 1
Listing Office:
Office Name: Keller Williams Realty-Studio City
Office Phone: (818) 381-6601
Listing Agent: James Antonucci
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 3 spaces
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Other
Directions Information:
Directions: Cross Streets are Tilden and Van Nuys Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $1,295,000
Tax Information:
Annual Amount: $7,357
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $273.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24202512
Listing Office:
Office Name: Keller Williams Realty-Studio City
Office Phone: (818) 381-6601
Listing Agent: James Antonucci
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 17, 2019
Jul 17, 2019Home Sold
$590,000
Oct 02, 2002
Oct 02, 2002Home Sold
$223,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,357
$596,111
2020
$3,666
$590,000
2019
$3,570
$289,518
2018
$3,493
$283,842
2017
$3,493
$278,277
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,531
Per Month
Principal & Interest
$6,464
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,949
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Alta California Elementary School
14859 Rayen St
Distance between this listing and this school0.43 miles
Public District Grades KG-5
4
/10
Panorama City Elementary School
8600 Kester Ave
Distance between this listing and this school0.53 miles
Public District Grades PK-5
4
/10
Chase Street Elementary
14041 Chase St
Distance between this listing and this school0.65 miles
Public District Grades KG-5
Nearby Schools
4
/10
Valor Academy Middle School
9034 Burnet Ave
Distance between this listing and this school0.82 miles
Public Charter Grades 5-8
3
/10
Vista Middle School
15040 Roscoe Blvd
Distance between this listing and this school0.94 miles
Public District Grades 6-8
7
/10
Girls Athletic Leadership School los Angeles
8015 Van Nuys Blvd
Distance between this listing and this school1.01 miles
Public Charter Grades 6-8
Nearby Schools
7
/10
Valor Academy High School
9356 Lemona Ave
Distance between this listing and this school0.81 miles
Public Charter Grades 9-12
1
/10
Cal Burke High School
14630 Lanark St
Distance between this listing and this school0.96 miles
Public District Grades 9-12
3
/10
Panorama High School
8015 Van Nuys Blvd
Distance between this listing and this school1.01 miles
The neighbors living near this home have an average income of $32,122. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.
This home is located at 8843 Tilden Ave in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This home, which was built in 1948, sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,295,000.
Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.