8040 Ranchito Avenue

Panorama City, CA
$ 2,049,000 Beds 10 Baths 8 Sq 4,000 Virtual Tour
Monthly Estimate* How much can I afford?

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, 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.

Active

  • Price
  • $ 2,049,000
  • City
  • Panorama City
  • Bedrooms
  • 10
  • Full Bathrooms
  • 8
  • County
  • Los Angeles
  • Half Bathrooms
  • 0
  • Area
  • Panorama City
  • Lot Size
  • 0.2236 Acres
  • Zip
  • 91402
  • Sqr Footage
  • 4,000
  • Year Built
  • 1950
  • Style
  • MLS#
  • SB26085814
Listed By: Tom Royds with Redfin Corporation; 310-738-1125
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 4000
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher,Free-Standing Range,Gas Range,Range Hood,Tankless Water Heater
Pool Features None
Year Built 1950
View None
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Suburban,Sidewalks
County Los Angeles
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Full Baths 8
Special Listing Conditions Standard
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
High School District Los Angeles Unified
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
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Public Records
Tax Lot 203
Property Sub Type Additional Single Family Residence
PostalCity PANORAMA CITY

Interior Features

Interior Amenities Multiple Staircases,Quartz Counters
Flooring Vinyl
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
Total Bedrooms 10
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 3
LivingAreaSource Estimated
Total Baths 8

Exterior Features

Parking Features Driveway
Lot Features Yard
Water Source Public
Lot Size Area 9741
Spa false
Lot Size Acres 0.2236
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/24/2026 Listed $2,200,000
7/9/2026 2% - $2,149,000
8/5/2026 5% - $2,049,000

Property vs Zip Code Average in 91402

Price
AVG $900K
$2.05M
Year Built
AVG 1967
1950

Areas That We Cover

8040 Ranchito Avenue Panorama City, CA is a Single Family Home for sale at $2049000 with 4000 sqft and a lot size of 0.2236 Acres Acre(s). 8040 Ranchito Avenue Panorama City has 10 bedrooms, 8 baths and was built in 1950. The property's zip code is 91402 which is in Panorama City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.