8645 Wakefield, Panorama City, CA 91402
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8645 Wakefield, Panorama City, CA 91402
8645 Wakefield, Panorama City, CA 91402
8645 Wakefield, Panorama City, CA 91402
8645 Wakefield, Panorama City, CA 91402
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Listed by Joanna Liset Recinos • Strand Hill Properties
$ 975,000
Est. payment /mo
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Price Dropped by $20K

8645 Wakefield Panorama City, CA 91402

5 Beds

3 Baths

2,002 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,002 sqft

Price per Sqft $487

MLS Listing ID SB-26136853

Style Traditional

Bedrooms 5

Full Baths 3

Year Built 1948

Lot Size 5,279 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property 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.

Location

State CA

County Los Angeles

Area Pc - Panorama City

Interior

Interior Features Ceiling Fan(s), Granite Counters, Storage

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type None

Laundry Gas Dryer Hookup, In Closet, Washer Hookup

Exterior

Parking Features Asphalt, Driveway

Pool None

Community Features Sidewalks, Storm Drains, Street Lights

Utilities Available Water Available, Electricity Available, Natural Gas Available

View Y/N No

View None

Building

Lot Description Sprinklers, Sprinkler System, Yard, 0-1 Unit/Acre

Sewer Public Sewer

Schools

Middle Schools Sepulveda

High Schools Monroe


NEARBY SCHOOLS & PROPERTIES

Karen Magon

Karen Magon

Advisor License ID: 02119117

+1(805) 910-7412

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8645 Wakefield