8645 Wakefield

Panorama City, CA 91402
  • $945,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,002

    SqFt
  • 0.12

    Acre

About the Listing sb1310590 - sbrecijoa

BUYER INCENTIVE! Seller will offer up to $8,000 in seller credit with an acceptable offer, to be applied towards a 1-0 temporary interest rate buydown or allowable recurring and non-recurring buyer closing costs. 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 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.

Listing Highlights for 8645 Wakefield

Status Active
Days on Site 114
Property Type Residential
MLS ® SB26136853
Year Built 1948
Total Square Footage 2,002
Lot/Acreage 0.12
County Los Angeles
School District Los Angeles Unified
Middle School Sepulveda
High School Monroe

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances: Water Softener, Tankless Water Heater
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Tile,Wood
  • Basement:
  • Other: Ceiling Fan(s),Granite Counters,Storage,Bedroom on Main Level
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,Sprinkler System,Yard,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Shingle
  • Others: Stucco,Has ADU
  • Sewer: Public Sewer
  • Parking Features: Asphalt,Driveway,Off Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2638005023
  • Tax Year: N/A

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Listing Location

Questions About..

8645 Wakefield Panorama City, CA 91402

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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