Low Rise Multifamily Property at 9075 Cedros Avenue in Panorama City Sells for $8 Million

Written by Posted On Tuesday, 03 March 2020 09:14

 PANORAMA CITY, Calif. (March 3, 2020) – Coldwell Banker Commercial is pleased to have represented ownership in the sale a 33-unit low rise multifamily property located at 9075 Cedros Avenue in Panorama City, Calif.

The property, constructed in 1995, sold for $8,001,000. Eric Sackler and Susan Lau of Coldwell Banker Commercial NRT were the brokers on the transaction.

The multifamily complex offers a large garden courtyard, gated and secured pedestrian and parking areas for about 40 cars, and two laundry rooms. The buyer intends to maintain the building with no plans for major upgrades.

For additional information, visit www.cbcworldwide.com or contact Eric Sackler at (310) 979-4990 or This email address is being protected from spambots. You need JavaScript enabled to view it., and Susan Lau at (213) 220-5466 or This email address is being protected from spambots. You need JavaScript enabled to view it..

About Coldwell Banker Commercial NRT

Coldwell Banker Commercial NRT operates in 21 states and provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types.  With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbworldwide.com

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