8645 Wakefield Panorama City, CA $ 995,000
8645 Wakefield
$ 995,000
Recently Listed
Open House 7/11 12pm - 3pm
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8645 Wakefield

Panorama City, CA, 91402
$ 995,000
Bedrooms4 Baths2.0 Sq 1,469

Monthly Estimate*

$ 6,283

Listed by Strand Hill Properties
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Single Family Home for sale in Panorama City, CA

for $995,000 with 4 bedrooms and 2 full baths. This 1,469 square foot home was built in 1948 on a lot size of 0.1212.

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.

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Open House

7/11/2026 12:00 PM - 3:00 PM
8645 Wakefield Panorama City, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 995,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1212

Year Built

1948

Town/City

Panorama City

County/Region

Los Angeles

MLS | Web ID

SB26136853

Days on Market

16

Features
General
Living Area 1469
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Water Available
Possession Negotiable
Roof Shingle
Appliances Water Softener Tankless Water Heater
HOA Fee 0
Garage Spaces 0
Patio/Porch Features None
Architectural Style Traditional
Pool Features None
Construction Materials Stucco
Year Built 1948
View None
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Storm Drain(s) Street Lights Sidewalks
County Los Angeles
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Other Structures Shed(s)
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Between Grammar PL & Parthenia St.
High School Monroe
City Panorama City
Entry Location 1st
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 1
MLS Area PC - Panorama City
Lot Size Units Square Feet
Lot Size Square Feet 5279
Listing Terms Cash Cash to New Loan Conventional Fannie Mae Freddie Mac
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing Conventional
Middle/Junior High School Sepulveda
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 116
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Ceiling Fan(s) Granite Counters Storage Bedroom on Main Level
Flooring Tile Wood
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup Laundry Closet
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 2
Total Baths 2
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Exterior
Fencing Brick
Parking Features Asphalt Driveway Off Street
Lot Features 0-1 Unit/Acre Sprinkler System Yard
Water Source Public
Total Parking 0
Lot Size Area 5279
Spa false
Lot Size Acres 0.1212
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street
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* Excluded Features
List By
Strand Hill Properties

Broker

Joanna@candjteam.com

Email

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$6,283
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$6,283
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Default based on a 30-year fixed rate of 6.49% 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
4818541 Elementary School
0 Middle School
Monroe High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$995,000 Listed Price

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8645 Wakefield, Panorama City, CA, 91402 is a Single Family Home for sale at $995,000 with 1,469 sqft and a lot size of 0.1212. 8645 Wakefield has 4 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 91402 which is in Panorama City, CA