8040 Ranchito Avenue, Panorama City, CA 91402
Los Angeles County
Key Facts
Description
Welcome to this beautifully reimagined property set on an expansive nearly 10,000 Sq Ft lot. This exceptional offering features a fully renovated single-family residence, complemented by a detached two-bedroom unit and a charming studio—creating a rare and versatile living opportunity. Meticulously upgraded from start to finish, New Quartz counters, tankless water heaters, electrical and new roofing systems, This awesome property reflects the sellers’ commitment to quality craftsmanship and thoughtful design throughout. Whether you’re an owner-user seeking additional income potential or an investor looking to maximize returns, this property delivers. With ample parking, private outdoor spaces, and the flexibility to accommodate multi-generational living or rental opportunities—including short-term stays—this is truly a standout investment. A unique opportunity to own a turnkey, multi-unit compound in a highly desirable setting. Come experience it for yourself—you will not be disappointed.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1950
Stories
2
Living Area
4,000 sq ft
Lot Size
0.22 acres
Days on Market
76
MLS® Listing#
SB26085814
Property Features
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Laundry
Community
Sewer
Water Source
Rooms
- Bathroom
- Family Room
- Kitchen
- Kitchen
Financial Details
HOA
None
Parcel Number
2213008013
Directions
SOUTH ON WOODMAN TO LANARK/CANTARA MAKE A RIGHT, ON THE SOUTH EASTERN CORNER OF LANARK AND RANCHITO AVE.
Affordability Calculator
$429,800
Estimated monthly payment
$11,438/mo
Principal $1,719,200 · Est. interest $2,398,437 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panorama City, CA
- $729,658
- Median Listing Price
- 49
- Median Days on Market
- 1,630
- Median Sq Ft
- $480
- Median Price / Sq Ft
- 2,031
- Active Listings
- This home’s price is 195% above the area median.
- Its price per sq ft is 12% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panorama City, CA.
Location
Points of Interest in Panorama City, CA
Showing the Panorama City area map.
Nearby Schools
Ranchito Avenue Elementary School
Elementary · 0.2 mi away
St. Genevieve High School
Secondary · 0.4 mi away
St. Genevieve Parish Schools
School · 0.4 mi away
Burton Street Elementary
Elementary · 0.4 mi away
Chase Street Elementary School
Elementary · 0.7 mi away
Panorama High School
Secondary · 0.9 mi away
Michelle Obama Elementary
Elementary · 1.0 mi away
Cal Burke High School
Secondary · 1.0 mi away
Saticoy Elementary School
Elementary · 1.1 mi away
Hrashq Pre-School
School · 1.1 mi away
Canterbury Ave Elementary School
Elementary · 1.2 mi away
Hazeltine Avenue Elementary
Elementary · 1.2 mi away
Kids Korner Pre-School
School · 1.3 mi away
Child Care Resource Center
School · 1.3 mi away
Liberty Temple Christian School
School · 1.3 mi away
Panorama City Elementary
Elementary · 1.4 mi away
Fulton College Preparatory School
Secondary School · 1.5 mi away
Lashon Academy
School · 1.5 mi away
Fulton Junior High School
Secondary · 1.5 mi away
Andres and Maria Cardenas Elementary
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1344 253rd Street, Harbor City, CA | $1,550,000 | 17 | 8 | 5,099 |
| 1340 253rd Street, Harbor City, CA | $1,550,000 | 16 | 8 | 5,192 |
| 505 E 4th Street, National City, CA | $1,749,000 | 10 | 8 | 3,740 |
| 5030 Farago Avenue, Temple City, CA | $1,875,000 | 10 | 6 | 4,640 |
| 4180 Tujunga, Studio City, CA | $2,195,000 | 11 | 10 | 6,555 |
Moving Cost Estimate
EXIT Agents in Panorama City
Listing Courtesy: Redfin Corporation - 310-738-1125
Presented by: Tom Royds
Licensed in the state of California.