Panorama City Apartment Building Sales
Explore 4 closed multifamily transactions totaling $21.74M in Panorama City. Data from the LAAA Team at Marcus & Millichap.
4
Transactions
$21.74M
Total Volume
5.39%
Avg Cap Rate
$204,875
Avg $/Unit
24
Avg Units
2013
Since
Panorama City Multifamily Market Overview
Panorama City is a central SFV workforce housing market along Van Nuys Boulevard. Across 4 transactions totaling $21.7M, average cap rate is 5.39% at $205K per unit across 94 units. Kaiser Panorama City Medical Center anchors employment. LA RSO applies.
Market Metrics
Total Deals
4
Total Volume
$21.74M
Avg Cap Rate
5.39%
Cap Rate Range
4.27% - 6.36%
Avg $/Unit
$204,875
$/Unit Range
$98,500 - $373,333
Avg Units/Deal
24
Deal Types
Apartments: 4
Market Snapshot
Source: CoStar | North Hills/Panorama City Multifamily | 2026 Q1Rents by Unit Type
Supply & Demand
Investment Activity (Trailing 12 Mo)
LAAA Team Closings in Panorama City
4transactions by Glen Scher, Filip Niculete & the LAAA Team
8827 Van Nuys Blvd
Panorama City • 2023
$3.36MUnits
9Cap
5.32%$/Unit
$373,333
8421 Cedros Ave
Panorama City • 2022
$17.30MUnits
75Cap
4.27%$/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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