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14820 Parthenia St, Panorama City, CA 91402

List Price: $1,250,000On Market FlagOn market
Apr 1, 20251,325 sqft3 beds1 baths
Listed by: Warren Berzack
License #: 01329015
Phone #: 818-986-9800
Lee & Associates
Source:
CRMLS Logo
MLS #: SR25070823

Property Description

Price Reduced - Fully Entitled RTI 15-Unit Development Site. New 4-story, 15 unit apartment building over on-grade parking garage utilizes by-right density bonus per LAMC 12.22A.31 Tract No. 3018, Lots 15 & 16. Requirement to provide 2 affordable units. $83,333 per developable unit, $148 per foot for the land. Very close to the new metro line coming down Van Nuys Blvd. Majority two bedroom units.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,782

TurboHome Estimated Value

$984,400

$743 sqft

High Valuation
$1,033,620
$780/sqft
Normal Valuation
$984,400
$743/sqft
Low Valuation
$935,180
$706/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$743/sqft$984,400

Neighborhood: North Hills

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Comparative Value

$650K

$740K

$800K

$1.25M

14831 Nordhoff St, Panorama City, CA 91402

Sale Price: $650,000

Selected Comparable

8215 Kester Ave, Panorama City, CA 91402

Sale Price: $740,000

Selected Comparable

9215 Burnet Ave, North Hills, CA 91343

Sale Price: $740,000

Selected Comparable

8401 Kester Ave, Panorama City, CA 91402

Sale Price: $750,000

Selected Comparable

9356 Natick Ave, North Hills, CA 91343

Sale Price: $800,000

Selected Comparable

14820 Parthenia St, Panorama City, CA 91402

List Price: $1,250,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
14820 Parthenia St, Panorama City, CA 91402

14820 Parthenia St, Panorama City, CA 91402

List: $1,250,000

Listed: 4/1/2025

Area:1,325 sqft
Price/sqft:$943
Beds:3
Baths:1
Year Built:
Lot Size:8,416

Comparable Properties

COMPARABLE
Choose comps
8215 Kester Ave, Panorama City, CA 91402

8215 Kester Ave, Panorama City, CA 91402

Sale: $740,000

7/28/20250.54 mi

Area:1,480 sqft
Price/sqft:$500
Beds:3
Baths:2
Year Built:
Weight:21.2%
14831 Nordhoff St, Panorama City, CA 91402

14831 Nordhoff St, Panorama City, CA 91402

Sale: $650,000

3/28/20250.55 mi

Area:1,296 sqft
Price/sqft:$502
Beds:3
Baths:2
Year Built:
Weight:21.1%
9356 Natick Ave, North Hills, CA 91343

9356 Natick Ave, North Hills, CA 91343

Sale: $800,000

4/3/20250.89 mi

Area:1,231 sqft
Price/sqft:$650
Beds:3
Baths:2
Year Built:
Weight:19.4%
8401 Kester Ave, Panorama City, CA 91402

8401 Kester Ave, Panorama City, CA 91402

Sale: $750,000

6/10/20250.32 mi

Area:1,596 sqft
Price/sqft:$470
Beds:3
Baths:2
Year Built:
Weight:19.4%
9215 Burnet Ave, North Hills, CA 91343

9215 Burnet Ave, North Hills, CA 91343

Sale: $740,000

6/5/20250.80 mi

Area:1,551 sqft
Price/sqft:$477
Beds:3
Baths:2
Year Built:
Weight:18.9%

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