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$899,000

For Sale

4 days ago

8837 Tilden Ave, Panorama City, CA

House

MLS® 26691831

5 Bed

2 Bath

1794 sqft

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1794 sqft
Garage Yes
Taxes 
Days Active 4
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $501
MLS® Number 26691831

Property Address: 8837 Tilden Ave, Panorama City, CA, 91402-5240

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire a well-maintained duplex in the heart of Panorama City, centrally located within the San Fernando Valley with convenient access to major freeways, shopping centers, schools, and employment hubs. The property consists of two spacious units, including a 3-bedroom, 1-bathroom unit currently generating $2, 995/month featuring a private yard and in-unit laundry, and a 2-bedroom, 1-bathroom unit generating $2, 250/month with a welcoming front porch. Additional income is generated from parking at $155/month. The property offers strong fundamentals with no subsidized tenancy and professional management in place, providing ease of ownership and operational stability, and is offered at an attractive 5.31% CAP rate.The lot includes a detached 2-car garage located at the rear, presenting excellent ADU potential for additional income or future value enhancement (buyer to verify). There are also three driveway parking spaces without the need to utilize the garage, adding further convenience for tenants. Both units are equipped with tankless water heaters, improving efficiency and reducing operating costs.Situated in a high-demand rental market, Panorama City continues to benefit from its central location, proximity to the 405, 5, and 170 freeways, nearby retail such as Panorama Mall, and ongoing neighborhood growth. This asset presents an ideal opportunity for investors seeking stable cash flow with upside potential through ADU development or rental increases. -- PHOTOS FROM PRIOR TO TENANTS OCCUPIED UNITS --
MLS® Number26691831
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1948
Basement
DrivewayAssigned, Driveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 13, 2026List Date
$899,000List Price

Home Appraisal

This property is estimated to sell between: $816,000 and $941,000.
Similar properties in this area sold on average for: $816,333
Expected to sell in 80 days. Similar properties sold in 84 days. This home has been on eXp Realty for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
8837 Tilden Ave, Panorama City, CA

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