This prime property boasts 18 well-appointed units, including 2 singles, 9 one-bedroom/one-bath, 4 two-bedroom/1.5-bath, 2 three-bedroom/two-bath, and 1 four-bedroom/2.5-bath units. Residents enjoy amenities, such as a refreshing swimming pool, convenient on-site laundry facilities, and secure on-site parking. Recently undergoing a soft story retrofit in 2021, this property offers a significant upside potential of approximately 83%, making it an ideal acquisition for savvy investors. Strategically located on Van Nuys Blvd, just south of Nordhoff, the apartments boast a Walk Score of 78, enabling residents to accomplish most errands on foot. Proximity to major freeways (405, 5, and 118), hospitals (Kaiser Permanente), and schools (Vista Middle School, Chase Elementary, and James Monroe High School) further enhances its appeal. With the upcoming East San Fernando Valley Light Rail Transit Project, featuring 11 stations along a 6.7-mile stretch (most on Van Nuys Blvd), the property will be conveniently positioned within a short walking distance to one of the stops at Van Nuys Blvd and Nordhoff St. Don't miss this exceptional opportunity to invest in a prime asset with tremendous growth potential.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 2
Living Area: 15,670 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Luis Morales
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 26
Exterior Features
Parking Information:
Parking: Covered
Lot Features
Lot Information:
Lot Size: 0.33 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: Located on Van Nuys Blvd just south of Nordhoff.
Price Information
Listing Price Info
Price Summary:
List Price: $3,165,000
Price Per SqFt: $202/SqFt
Tax Information:
Annual Amount: $40,832
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.1M more than the Median Sold Price and $439/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24463353
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Luis Morales
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: 11/14/2024, 11:55:53 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
Feb 27, 2018
Feb 27, 2018Home Sold
$3,090,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$40,832
$3,255,901
2020
$39,655
$3,214,836
2019
$15,981
$3,151,800
2018
$15,598
$1,133,603
2017
$15,598
$1,111,377
History based on county public records data.
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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 school0.41 miles
Public District Grades KG-5
4
/10
Panorama City Elementary School
8600 Kester Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-5
5
/10
Liggett Street Elementary School
9373 Moonbeam Ave
Distance between this listing and this school0.61 miles
Public District Grades KG-5
Nearby Schools
4
/10
Valor Academy Middle School
9034 Burnet Ave
Distance between this listing and this school0.77 miles
Public Charter Grades 5-8
3
/10
Vista Middle School
15040 Roscoe Blvd
Distance between this listing and this school0.99 miles
Public District Grades 6-8
7
/10
Girls Athletic Leadership School los Angeles
8015 Van Nuys Blvd
Distance between this listing and this school1.10 miles
Public Charter Grades 6-8
Nearby Schools
7
/10
Valor Academy High School
9356 Lemona Ave
Distance between this listing and this school0.72 miles
Public Charter Grades 9-12
1
/10
Cal Burke High School
14630 Lanark St
Distance between this listing and this school1.05 miles
Public District Grades 9-12
3
/10
Panorama High School
8015 Van Nuys Blvd
Distance between this listing and this school1.10 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. Most families are married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8924 Van Nuys Blvd
What is the listing price of this property?
The listing price of 8924 Van Nuys Blvd property is $3,165,000.
What type of property is this?
The property 8924 Van Nuys Blvd is a house located in Panorama City, California, 91402.
Is this property for sale now?
Active Listing: 8924 Van Nuys Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $40,832 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 27, 2018 for $3,090,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8924 Van Nuys Blvd has 26 bedrooms and 26 bathrooms.
What is the square footage of this property?
The property 8924 Van Nuys Blvd is 15,670 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8924 Van Nuys Blvd is 1960.
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This home is located at 8924 Van Nuys Blvd in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This 15,670 square foot home, which was built in 1960, sits on a 0.33 acre lot. Features: 26 bedrooms, 26 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $3,165,000.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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