8645 Wakefield Ave, Panorama City, CA

Name: 8645 Wakefield Ave, For Sale in Panorama City - eXp Realty
Brand: Strand Hill Properties
SKU: SB26136853
Price: 995000 USD

House

For Sale

Listed price in listed location currency (USD).

$995,000

420

MLS® SB26136853

Open House

Sat Jun 27, 1:00-4:00 PM PDTSun Jun 28, 1:00-4:00 PM PDT

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1469 sqft

Garage

Taxes

Days Active 2

Lot Size 0.1212 Acres

Approx. Age 1948

Avg. Price Per Sqft $677

MLS® Number SB26136853

Property Address: 8645 Wakefield Ave, Panorama City, CA, 91402-3123

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberSB26136853

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1948

Basement

DrivewayAsphalt, Driveway, Off Street

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 24, 2026List Date

$995,000List Price

Home Appraisal

This property is estimated to sell between: $746,000 and $1,120,000.

Similar properties in this area sold on average for: $746,850

Expected to sell in 55 days. Similar properties sold in 57 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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