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ResidentialIncome — 8040 Ranchito Avenue, Panorama City, CA

$2,049,000

8040 Ranchito Avenue, Panorama City, CA

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About this property

Welcome to this beautifully reimagined property set on an expansive nearly 10,000 Sq Ft lot. This exceptional offering features a fully renovated single-family residence, complemented by a detached two-bedroom unit and a charming studio—creating a rare and versatile living opportunity. Meticulously upgraded from start to finish, New Quartz counters, tankless water heaters, electrical and new roofing systems, all three units are seperately metered. This awesome property reflects the sellers’ commitment to quality craftsmanship and thoughtful design throughout. Whether you’re an owner-user seeking additional income potential or an investor looking to maximize returns, this property delivers. With ample parking, private outdoor spaces, and the flexibility to accommodate multi-generational living or rental opportunities—including short-term stays—this is truly a standout investment. A unique opportunity to own a turnkey, multi-unit compound in a highly desirable setting. Come experience it for yourself—you will not be disappointed.

Property details

Year built
1950
Property type
ResidentialIncome

Location

8040 Ranchito Avenue • Panorama City, CA 91402

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Listed by

Tom Royds · Redfin Corporation