8222 Sepulveda Place Panorama City, CA 91402

$550,000
8222 Sepulveda Place, Panorama City, CA 91402
Call 1-800-839-1363
BB18080943

Single Family Home for sale in Panorama City, CA

for $550,000 with 3 bedrooms and 2 full baths. This 1,304 square foot home was built in 1950 on a lot size of 6451.00 Sqft..

Property Information

  • $550,000
  • 3 Bedrooms
  • 2 Full Baths
  • Single Family
  • 1,304 Square Feet
  • Active
  • Lot size of 6451.00 Sqft.
  • Built in 1950
  • Panorama City, CA
  • Panorama City Neighborhood
  • Los Angeles County
  • MLS/Web ID is BB18080943
  • Just Listed

Description

A diamond waiting to be polished. This R3 lot has future development potential and located next to a multi-unit building. Currently used as a day care center and tenant occupied on a month to month basis. At the moment the property is a well kept 3 bedroom 2 bath house with 1, 304 sq ft living space and has a great size back yard. You can use your imagination and potentially add a few more units or build a multi family building. According to recent study this area may qualify under a Tier 2 development which you can possibly apply under TOC transit oriented community and if approved it can allow you to use the Density Bonus of 60%. Which translate to 4.8 additional units Totaling 13 units. Under TOC you must have 13% of the building to follow a certain requirement. (Buyer to verify all information) We are expected to have multiple offers hurry and submit your bid.

Interior 4

Building Amenities

  • Laundry

Cooling System

  • Other

Room Features

  • Laundry Outside

Water Source

  • Public Water

Exterior 4

Community Amenities

  • Yard Space

Exterior

  • Other Windows
  • Sprinkler

Garage

  • 4+ Car Carport

Lot Description

  • Valley

Miscellaneous 1

Location

  • Walking Distance - Public Access

† Excluded Feature

Neighborhood & Schools

School District: Los Angeles Unified

 See complete school information

Listed By

Broker: WEST COAST REALTY GROUP

8222 Sepulveda Place, Panorama City, CA, 91402 is a Single Family Home for sale at $550,000 with 1,304 sqft and a lot size of 6451.00 Sqft.. 8222 Sepulveda Place has 3 bedrooms, 2 baths, and was built in 1950. The property's zip code is 91402 which is in Panorama City, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Panorama City $632,133 15 % above $525,000 5 % below
Single family listings in Panorama City $655,227 19 % above $547,500 0 % below

Get the facts about Panorama City, CA!

Population 71,728
Population Growth (since 2000) 7 %
Median Income $40,805
Median Age 32.12
Households w/ Children 45 %

Residential Dwellings

  • Owned 6727
  • Vacant 907
  • Rented 12092

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