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8710 Kester Ave, Panorama City, CA, 91402

$4,499,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAssigned, Carport
Year Built1962
FireplaceLiving Room
MLS #GD24059268
Lot Size0.50 Acres
StatusActive

About 8710 Kester Ave

An amazing investment opportunity with significant upside potential, 8710 Kester in Panorama City is within a half mile of the Primestor-planned Panorama City Center, whose approx. 5 million square feet “redevelopment project brings a dynamic mixed-use environment including shopping, sit-down restaurants, health and wellness services, event gathering destinations, a range of housing options, and remote working areas.” Kester will be equally close to the planned East San Fernando Valley Light Rail Line, with a planned Metro stop at the City Center. With a diversified mix of two – 3/3 and eight – 2/3 unique townhome-style, plus three – 2/2, and two – 1/1 single level apartments, these well-maintained 15 units built in 1962 offer exceptional roominess (averaging 1217sf per unit) over 18,255sf GLA on a 21,622sf lot. Boasting 15 covered parking spots, newer roof, central AC and all-copper plumbing, these fully-occupied, all-electric units sit in the heart of this local redevelopment boom, with hundreds of apartments recently built (Panorama Tower) or slated for development … along with another nearby proposed mixed use “Icon at Panorama” project (adjacent to the Panorama City Center). whose almost-600,000sf residential/retail combination will make 8710 Kester a highly-coveted SF Valley address for decades to come!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: JohnHart Real Estate
  • Office Phone: (818) 749-5910
  • Listing Agent: Steven Gutierrez-Kovner

Interior Features

Interior Information:

  • Appliances: Electric Range, Range
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Balcony, Granite Counters, Storage
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned, Carport

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

School Info

Assigned Schools Information:

  • James Monroe High School, Public Magnet Grades 9-12
  • Valley Academy of Arts and Sciences, Public District Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Vista Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Alta California Elementary School, Public District Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: In between: Parthenia Street and Rayen Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,499,000

Tax Information:

  • Annual Amount: $11,095
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

8710 Kester Ave vs Los Angeles

31 DAYS ON ROCKET

-3 Days

$4,499,000

+$3.5M More

KEY TAKEAWAY

This property is $3.5M 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: #GD24059268

Listing Office:

  • Office Name: JohnHart Real Estate
  • Office Phone: (818) 749-5910
  • Listing Agent: Steven Gutierrez-Kovner

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: 4/27/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 1998Home Sold
$2,106,363
May 25, 1994Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,095$736,631
2020$10,813$729,078
2019$10,408$714,784
2018$10,220$700,770
2017$10,220$687,030

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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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.

Elementary School

school-card-donut-1181108
6
/10
  • Alta California Elementary School

  • 14859 Rayen St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-1181109
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 11.30 miles

  • Public Magnet Grades 1-5

school-card-donut-1181110
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 11.84 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-1181111
3
/10
  • Vista Middle School

  • 15040 Roscoe Blvd

  • 0.58 miles

  • Public District Grades 6-8

school-card-donut-1181112
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.25 miles

  • Public District Grades 6-8

High School

school-card-donut-1181113
2
/10
  • James Monroe High School

  • 9229 Haskell Ave

  • 1.37 miles

  • Public Magnet Grades 9-12

school-card-donut-1181114
5
/10
  • Valley Academy of Arts and Sciences

  • 10445 Balboa Blvd

  • 3.38 miles

  • Public District Grades 9-12

school-card-donut-1181115
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 3.63 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,886. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8710 Kester Ave

What is the listing price of this property?

The listing price of 8710 Kester Ave property is $4,499,000.

What type of property is this?

The property 8710 Kester Ave is a condo located in Panorama City, California, 91402.

Is this property for sale now?

Active Listing: 8710 Kester Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8710 Kester Ave are:
Alta California Elementary School: GreatSchools Rating 6/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Vista Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
James Monroe High School: GreatSchools Rating 2/10
Valley Academy of Arts and Sciences: GreatSchools Rating 5/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,095 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 30, 1998 for $2,106,363. (source: MLS/tax record).

Which year was this property built?

The year of construction for 8710 Kester Ave is 1962.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles914028710 Kester Ave

This home is located at 8710 Kester Ave in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This home, which was built in 1962, sits on a 0.50 acre lot. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $4,499,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

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

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