8645 Wakefield,Panorama City, CA 91402
Panorama City, CA 91402
Description
INCOME OPPORTUNITY + LEGAL DETACHED ADU! A unique opportunity for an owner-user, investor, or buyer looking to offset their housing costs with rental income. This versatile Panorama City property features a 4 bedroom, 2 bath main residence plus a detached legal 1 bedroom, 1 bath ADU with its own address at 8643 Wakefield Ave, separate electric meter and current rental income already in place. Offering approximately 2,002 sq. ft. of combined living space, the property provides multiple possibilities for multigenerational living, rental income and future expansion. An additional section of the main residence consisting of a bonus room, fourth bedroom, bathroom and laundry area, was designed with the potential for a future second ADU conversion, subject to buyer verification, permits and applicable requirements. The approximately 533-sq.-ft. detached ADU features a spacious bedroom with walk in closet, mini-split heating and cooling, tankless water heater, separate electric meter/service panel and newer appliances, including its own washer and dryer. The main residence offers central HVAC, a newer roof, double-pane Argon gas windows, hardwood flooring, whole house water softener, reverse-osmosis drinking water system and two indoor laundry areas. Conveniently located near Panorama Mall and the future Icon Panorama development, this property offers something increasingly difficult to find: a primary residence, a legal detached ADU and additional future use potential, all on one property. Live in one and generate income from the other, accommodate extended family, or explore the property's long-term investment possibilities.
Details
| MLS # | SB26136853 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 86 |
| Listing Provided By | Strand Hill Properties | Joanna Recinos |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,002 |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.12 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, Granite Counters, Storage, Bedroom On Main Level |
| Window Features | Double Pane Windows |
| Appliances | Water Softener, Tankless Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Zero To One Unit Acre, Sprinkler System, Yard |
| Fencing | Brick |
Parking
| Parking Features | Asphalt, Driveway, Off Street |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Panorama City |
| Zip Code | 91402 |
| Area | PC Panorama City |
| Listing VS Median (in 91402) | |
Price: $975,000 low | high Med: $1,172,000 sqft: 2,002 low | high Med: 2,798 $ / sqft: $487 low | high Med: $448 On site: 86 low | high Med: 52.5 | |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Panorama City |
| Zip Code | 91402 |
| Area | PC Panorama City |
| Listing VS Median (in 91402) | |
Price: $975,000 low | high Med: $1,172,000 sqft: 2,002 low | high Med: 2,798 $ / sqft: $487 low | high Med: $448 On site: 86 low | high Med: 52.5 | |
 | $1,050,0008843 TildenPanorama City, CA 91402 |