Panorama City Apartment Building Sales
Explore 4 closed transactions totaling $21.74M in Panorama City. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$21.74M
Total Volume
5.39%
Avg Cap Rate
$204,875
Avg $/Unit
24
Avg Units
2012
Since
Cap rate, price per unit and unit count are averaged across apartment sales only: all 4 of these closed transactions are apartment sales.
LAAA Team Track Record Since 2012
Panorama City Multifamily Market Overview
Panorama City is a central SFV workforce housing market along Van Nuys Boulevard. Across 4 transactions totaling $21.7M, the 4 apartment sales average a 5.39% cap rate at $205,000 per unit across 94 units. Kaiser Panorama City Medical Center anchors employment. LA RSO applies.
Market Snapshot
Source: CoStar | North Hills/Panorama City Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
Panorama City Market Area
LAAA Team Closings in Panorama City
4 transactions by Glen Scher, Filip Niculete & the LAAA Team
8827 Van Nuys Blvd
Panorama City • 2023
$3,360,000Units
9Cap
5.32%$/Unit
$373,333
8421 Cedros Ave
Panorama City • 2022
$17,300,000Units
75Cap
4.27%$/Unit
$230,667
8821 Van Nuys
Panorama City • 2014
$585,000Units
5Cap
5.60%$/Unit
$117,000
8821 Van Nuys
Panorama City • 2012
$492,500Units
5Cap
6.36%$/Unit
$98,500
Source: LAAA Team Closed Transactions
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