Property listed by Strand Hill Properties, Joanna Recinos 310-283-4353
8645 Wakefield
Panorama City, CA 91402
Beds
5
Baths
3
Square Ft.
2,002
$975,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
89
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
3
Square Ft.
2,002
Lot Size
0.12 Acres
Year Built
1948
MLS Number
SB26136853
Additional Details
Property Access
Frontage Type: CityStreet
Appliances & Equipment
WaterSoftener, TanklessWaterHeater
Building
Built in 1948, Living area: 2002.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1st, Construction Materials: Stucco
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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