8040 Ranchito Avenue Panorama City, CA $ 2,200,000
8040 Ranchito Avenue
$ 2,200,000
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8040 Ranchito Avenue

Panorama City, CA, 91402
$ 2,200,000
Baths1.0 Sq 4,000

Monthly Estimate*

$ 13,546

Listed by Redfin Corporation
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View a Virtual Tour
Studio

Multi-Family Home for sale in Panorama City, CA

for $2,200,000 with 1 full bath. This 4,000 square foot home was built in 1950 on a lot size of 0.2236.

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.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2236

Year Built

1950

Town/City

Panorama City

County/Region

Los Angeles

MLS | Web ID

SB26085812

Days on Market

4

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Garage Spaces 0
Pool Features None
Year Built 1950
View None
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 0
Community Features Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions SOUTH ON WOODMAN TO LANARK/CANTARA MAKE A RIGHT ON THE SOUTH EASTERN CORNER OF LANARK AND RANCHITO AVE.
City Panorama City
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area PC - Panorama City
Lot Size Units Square Feet
Lot Size Square Feet 9741
Listing Terms Cash Conventional Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://my.matterport.com/show/?m=xeaGgVCFZp4&brand=0 https://www.youtube.com/watch?v=5OCIOOOCvf0&feature=youtu.be
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 203
Property Sub Type Additional Triplex
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Interior
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre Yard
Water Source Public
Total Parking 0
Lot Size Area 9741
Number of Buildings 2
Spa false
Building Area Total 4000
Lot Size Acres 0.2236
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Redfin Corporation

Broker

thomas.royds@redfin.com

Email

Affordability Calculator

$13,546
Per Month
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0%
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Monthly Principal & Interest
$13,546
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$2,200,000 Listed Price

Map


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8040 Ranchito Avenue, Panorama City, CA, 91402 is a Multi-Family Home for sale at $2,200,000 with 4,000 sqft and a lot size of 0.2236. 8040 Ranchito Avenue is a studio with 1.0 baths and was built in 1950. The property's zip code is 91402 which is in Panorama City, CA