$10,000 Closing Credit¹
#24435781, Laura Markosian, Listing Office: Coldwell Banker Realty
#GD25011406·
Listing Office: Evernest Realty Group·
Listing Agent: Magda Mavian·
Listing Office Phone: 818-209-0267
$10,000
closing credit¹
8524 Saloma Ave Panorama City, CA 91402
$1,625,000 List price
$10,000
Closing credit¹
6 beds
5 full
3,051 sqft
0.2 acres
$533 / sqft
House
Property details
About 8524 Saloma Ave
Total of three properties. This spacious property features a 1,476 sq. ft. main house (8524 Saloma Avenue), a 1,018 sq. ft. ADU (8526 Saloma Avenue), and a 557 sq. ft. junior ADU (8522 Saloma Avenue), making it ideal for multi-generational living, rental income, or an owner-occupant seeking additional financial flexibility. The ADU and junior ADU are newly built with modern finishes, while the main house has been extensively remodeled to match the same contemporary style and high standards. All three units boast brand-new engineered flooring, a stylish new kitchen with sleek cabinetry and premium countertops, new modern bathrooms with elegant fixtures, and high-quality finishes throughout. Large windows bring in abundant natural light, creating bright and welcoming living spaces. Thoughtfully designed floor plans maximize comfort and functionality for residents in each unit. The main house is currently rented on a month-to-month basis for $4,500 per month, offering the option to be delivered vacant or with the tenant in place for immediate rental income. Each unit is fully independent and has a separate address, featuring its own laundry, central AC and heating, and a private outdoor seating area, perfect for summer BBQs and entertaining guests. Located in a desirable neighborhood with easy access to shopping, dining, schools, and major freeways, this is an incredible opportunity for homeowners seeking additional income potential or families looking for a multi-generational living arrangement in a modern, move-in-ready property.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,051 sqft
Lot size0.1772 Acres
Year built1955
MLS #GD25011406
FireplaceLiving Room
Summary
- MLS Number: GD25011406
- MLS Name: CRMLS
- Office Name: Evernest Realty Group
- Office Phone: (818) 209-0267
- Listing Agent: Magda Mavian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,625,000
8524 Saloma Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 18, 2023 | Home Sold | $660,000 |
| Jan 08, 2013 | Home Sold | $355,000 |
| Dec 07, 2012 | Home Sold | $281,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $660,000 | $8,274 |
| 2023 | $593,451 | $7,474 |
| 2022 | $581,816 | $7,131 |
| 2021 | $570,409 | $7,039 |
History based on county public records data.
Nearby schools
4
Panorama City Elementary School
Public District PK-5
0.1 mi
•8600 Kester Ave
5
Noble Avenue Elementary
Public District KG-5
0.3 mi
•8329 Noble Ave
5
Rosa Parks Learning Center
Public District PK-5
0.4 mi
•8855 Noble Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,484. The most common annual income of people living in Panorama City, CA is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
62%
<35k
30%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
31%
Single, No Kids
28%
Single, with Kids
10%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
11%
12-17 yrs old
30%
18-34 yrs old
29%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8524 Saloma Ave
This home is located at 8524 Saloma Ave in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This 3,051 square foot home, which was built in 1955, sits on a 0.18 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $1,625,000.
In January 2025, from all listings sold in Panorama City, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. In January 2025 in Panorama City, CA there were 20.1% more homes for sale than in December. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.
From Rocket Homes Real Estate and based on county public records data.