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
$995,000
Est. payment /mo
4 Beds
2 Baths
1,469 SqFt
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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 SB-26136853

Style Traditional

Bedrooms 4

Full Baths 2

Year Built 1948

Lot Size 5,279 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

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

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


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Nearby Locations

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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8645 Wakefield