12.88 GRM | 94% POTENTIAL UPSIDE***Please Contact Us For An OM*** 9325 Sylmar Avenue, located in Panorama City, California with 4 (1+1) and 8 (2+1). There are big changes going on near Panorama City and North Hills. Primestor and the city are planning a major development called the "Panorama City Center". This massive development will offer over 5 million square feet of multi-family, retail, restaurants, entertainment, fitness, office, and medical. Basically, a walking city. This adds to other current and future huge developments being planned in the area. Izek Shomof has already converted the Panorama Tower (https://www.panoramatowerla.com), previously an office building, into 194 luxury residential apartments and due it's success, is now planning on building another 200 apartments w/ retail right next door. (https://la.urbanize.city/post/mixed-use-project-moves-forward-8141-van-nuys-panorama-city) We believe these major investments are due to the upcoming Light Rail Transit Line on Van Nuys Blvd. Transit Lines have been proven to change neighborhoods, sometimes increasing rents 25-67%. Large developers know this and build accordingly. These transformative large developments further change the neighborhoods. Nearby property owners receive the benefits. Call us, we can help you profit from this. 5.57% Cap, 10.94 GRM After ADU Construction & Expenses (Feb/2024) | 73% Potential Upside In RentsPossibility To Add Two 3+2 Detached ADUs In The Large Parking Lot | 3 Blocks From Upcoming SF Valley Light Rail Transit Project | Less than 2 miles from the Future Panorama City Center, a 5,000,000 Sq Ft Transportation Oriented Development sure to Transform the Neighborhood | New Developments Change Neighborhoods, Additional Significant Developments are Planned in the Area by Major Developers
Property Details
Property Features
Property Information:
Year Built: 1950
Stories: 2
Living Area: 8,156 SqFt
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Kelly Morgan
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 20
Exterior Features
Parking Information:
Parking: Uncovered
Lot Features
Lot Information:
Lot Size: 0.39 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
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
Northridge Academy High School, Public District Grades 9-12
Francisco Sepulveda Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Liggett Street 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: East of Van Nuys Blvd., West of Woodman Ave., North of Tupper, South of Plummer
Price Information
Listing Price Info
Price Summary:
List Price: $3,000,000
Price Per SqFt: $368/SqFt
Tax Information:
Annual Amount: $21,147
Tax Year: 2021
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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 $2.0M more than the Median Sold Price and $260/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: #23251701
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Kelly Morgan
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: 4/28/2024, 9:25:18 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
DATE
EVENT
PRICE
Jun 05, 2015
Jun 05, 2015Home Sold
$1,485,000
May 16, 2003
May 16, 2003Home Sold
$877,000
Jun 23, 1997
Jun 23, 1997Home Sold
$275,000
Jun 15, 1990
Jun 15, 1990Home Sold
$660,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,147
$1,655,826
2020
$20,549
$1,631,920
2019
$20,240
$1,599,922
2018
$19,777
$1,568,552
2017
$19,777
$1,537,797
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.
Elementary School
5
/10
Liggett Street Elementary School
9373 Moonbeam Ave
Distance between this listing and this school0.08 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.09 miles
Public Magnet Grades 1-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school12.19 miles
Public Magnet Grades KG-6
Middle School
3
/10
Francisco Sepulveda Middle School
15330 Plummer St
Distance between this listing and this school1.11 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.21 miles
Public District Grades 6-8
High School
2
/10
James Monroe High School
9229 Haskell Ave
Distance between this listing and this school1.81 miles
Public Magnet Grades 9-12
5
/10
Valley Academy of Arts and Sciences
10445 Balboa Blvd
Distance between this listing and this school3.49 miles
Public District Grades 9-12
5
/10
Northridge Academy High School
9601 Zelzah Ave
Distance between this listing and this school4.44 miles
Public District Grades 9-12
Assigned Schools
5
/10
Liggett Street Elementary School
9373 Moonbeam Ave
Distance between this listing and this school0.08 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.09 miles
Public Magnet Grades 1-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school12.19 miles
Public Magnet Grades KG-6
Assigned Schools
3
/10
Francisco Sepulveda Middle School
15330 Plummer St
Distance between this listing and this school1.11 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.21 miles
Public District Grades 6-8
Nearby Schools
5
/10
Pacoima Middle School
9919 Laurel Canyon Blvd
Distance between this listing and this school1.42 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
James Monroe High School
9229 Haskell Ave
Distance between this listing and this school1.81 miles
Public Magnet Grades 9-12
5
/10
Valley Academy of Arts and Sciences
10445 Balboa Blvd
Distance between this listing and this school3.49 miles
Public District Grades 9-12
5
/10
Northridge Academy High School
9601 Zelzah Ave
Distance between this listing and this school4.44 miles
The neighbors living near this home have an average income of $50,396. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in married, with kids family. 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 9325 Sylmar Ave
What is the listing price of this property?
The listing price of 9325 Sylmar Ave property is $3,000,000.
What type of property is this?
The property 9325 Sylmar Ave is a house located in Panorama City, California, 91402.
Is this property for sale now?
Active Listing: 9325 Sylmar 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 9325 Sylmar Ave are: Liggett Street Elementary School: GreatSchools Rating 5/10Academy For Enriched Sciences: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Francisco Sepulveda Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10James Monroe High School: GreatSchools Rating 2/10Valley Academy of Arts and Sciences: GreatSchools Rating 5/10Northridge Academy High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $21,147 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 5, 2015 for $1,485,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 9325 Sylmar Ave has 20 bedrooms and 12 bathrooms.
What is the square footage of this property?
The property 9325 Sylmar Ave is 8,156 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 9325 Sylmar Ave is 1950.
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This home is located at 9325 Sylmar Ave in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This 8,156 square foot home, which was built in 1950, sits on a 0.39 acre lot. Features: 20 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since November 14, 2023 and is currently priced at $3,000,000.
In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.
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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