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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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 SB26136853

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1948

Lot Size 5,279 Sqft

Lot Dimensions Public Records

Property Sub-Type Single Family Residence

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

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 SCHOOLS & PROPERTIES

Kenneth Lamm

Kenneth Lamm

Advisor License ID: 01101162

+1(818) 414-5833

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8645 Wakefield