1 month on rocket

8924 Van Nuys Blvd, Panorama City, CA, 91402

$3,165,000

26 Bedrooms
26 Baths
15,670 SqFt
$202/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCovered
Year Built1960
HeatingWall Furnace
MLS #24463353
Lot Size0.33 Acres
StatusActive

About 8924 Van Nuys Blvd

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
House and calculator

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.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

8924 Van Nuys Blvd vs Los Angeles

34 DAYS ON ROCKET

-4 Days

$3,165,000

+$2.1M More

$202/SqFt

-$438 Less

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $438/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

IDX 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: 12/18/2024, 4:21:05 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

Feb 27, 2018Home Sold
$3,090,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$15.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,555

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-36
7
/10
  • Alta California Elementary School

  • 14859 Rayen St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-37
4
/10
  • Panorama City Elementary School

  • 8600 Kester Ave

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-38
5
/10
  • Liggett Street Elementary School

  • 9373 Moonbeam Ave

  • 0.61 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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. The majority of families are married, with kids. The majority of 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.
Rocket Homes logo

Interested in 8924 Van Nuys Blvd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesCaliforniaLos Angeles CountyLos Angeles914028924 Van Nuys Blvd

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.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

More Resources