8645 Wakefield, Panorama City, CA 91402
8645 Wakefield, Panorama City, CA 91402
8645 Wakefield, Panorama City, CA 91402
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$995,000
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4 Beds
2 Baths
1,469 SqFt
Open Sat 1PM-4PM

8645 Wakefield Panorama City, CA 91402

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,469 sqft

Price per Sqft $677

MLS Listing ID SB26136853

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1948

Lot Size 5,279 Sqft

Lot Dimensions Public Records

Property Sub-Type Single Family Residence

Property Description

Beautifully updated property featuring a legal ADU and exceptional income producing potential in a highly desirable, walkable location. Conveniently located near Panorama Mall and the future Icon Panorama development, this unique property offers the perfect blend of comfortable living and investment opportunity.
Situated on a 5,279 sq. ft. lot, this versatile property offers approximately 2,002 sq. ft. of total living space, including a 4 bedroom, 2 bath main home, a spacious bonus room, and a detached 1 bedroom, 1 bath ADU with its own address (8643 Wakefield Ave). The main residence showcases energy efficient double pane Argon gas windows, central heating and air conditioning, a newer roof, whole house water softener system, reverse osmosis drinking water filtration, and two indoor laundry areas. Hardwood flooring flows through much of the home, while newer flooring enhances the bonus room and additional living areas.
Adding to the property's appeal is a flexible section of the main home consisting of a bonus room, fourth bedroom, bathroom, and laundry area that was thoughtfully designed with the potential for a future second ADU conversion (buyer to verify), requiring primarily kitchen installation and permitting.
The legal detached ADU offers approximately 533 sq. ft. of comfortable living space and features a spacious bedroom with walk in closet, mini-split heating and cooling systems, tankless water heater, separate electric meter and service panel, and newer appliances including a washer, dryer, gas range, dishwasher, range hood, and refrigerator. The ADU offers immediate income potential and features separate utility responsibility, with electricity and trash services paid independently.
The property is completed by a shared backyard ideal for outdoor enjoyment, drought-tolerant landscaping, and mature fruit trees. Whether you're seeking multigenerational living, supplemental rental income, or future expansion potential, this unique property offers exceptional flexibility and investment value in a rapidly growing area.

Location

State CA

County Los Angeles

Area Pc - Panorama City

Rooms

Other Rooms Shed(s)

Main Level Bedrooms 5

Interior

Interior Features Ceiling Fan(s), Granite Counters, Storage, Bedroom on Main Level

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Water Softener, Tankless Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Closet

Exterior

Parking Features Asphalt, Driveway, Off Street

Fence Brick

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Water Available

View Y/N No

View None

Roof Type Shingle

Porch None

Private Pool No

Building

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

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Additional Building Shed(s)

New Construction No

Schools

Middle Schools Sepulveda

High Schools Monroe

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2638005023

Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac

Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac

Special Listing Condition Standard


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Listed by Joanna Recinos Strand Hill Properties 310-283-4353, DRE #01826417

NEARBY SCHOOL & BUSINESS

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Tracy Giordano

Tracy Giordano

Agent | License ID: 02052571

+1(619) 987-5498

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8645 Wakefield