Panorama City Homes with One Level Stories

Panorama City Homes with One Level Stories

Welcome to Panorama City, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its diverse community and rich cultural tapestry, Panorama City offers residents a unique blend of urban convenience and suburban charm. With its strategic location, residents enjoy easy access to major freeways, making commutes to downtown Los Angeles and surrounding areas a breeze.

One of the standout features of this delightful neighborhood is its array of one-level homes. Perfect for families, retirees, or anyone seeking ease of living, these single-story residences provide a seamless flow between indoor and outdoor spaces. Imagine enjoying your morning coffee in a sunlit kitchen or hosting family gatherings in a spacious backyard, all without the hassle of stairs.

The one-level homes in Panorama City often boast open floor plans, allowing for effortless entertaining and comfortable living. Many of these properties are adorned with modern upgrades, while still retaining their classic charm. The community is also surrounded by lush parks, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away.

In Panorama City, you’re not just purchasing a home; you’re investing in a lifestyle where convenience, community, and comfort converge. Whether you’re a first-time buyer or looking to downsize, the one-level homes in this enchanting neighborhood provide the perfect backdrop for your next chapter. Explore the possibilities in Panorama City and discover a place you will be proud to call home!

Newest Panorama City Homes with One Level Stories

$1,349,000
6 Beds ⋅ 3 Baths ⋅ 26989887 MLS ⋅ Active Status
A RARE, FULLY VACANT TWO-RESIDENCE INCOME OPPORTUNITY READY TO RENT NOW. No tenants to inherit, no existing leases, and no waiting for units to become available. Both residences are completely vacant, allowing the next owner to select tenants, establish market rents, and put the property to work immediately. With projected combined rents of approximately $7,800/month and annual gross income of approximately $93,600, the $1,349,000 offering price calculates to a 14.41 pro forma GRM and an estimated 4.9% +/- pro forma cap rate based on projected rents and expenses. The property combines an extensively reconstructed and beautifully renovated 4-bedroom, 2-bath main residence with a BRAND-NEW, NEVER-OCCUPIED detached 2-bedroom, 1-bath ADU of approximately 721 square feet. Rebuilt from the subfloors up and studs out, the main residence features two living areas, an open-concept floor plan, quartz countertops, custom cabinetry, stainless steel appliances, gas cooking, a tankless water heater, new central air conditioning, energy-efficient windows, updated systems, and interior laundry hookups. The newly constructed ADU features a desirable split-bedroom layout, central air conditioning, energy-efficient windows, separate gas and electric meters, its own address, and available off-street parking. The property provides parking for up to four vehicles. Projected market rents are approximately $4,800/month for the main residence and $3,000/month for the ADU. For an investor, the opportunity is straightforward: acquire two substantially improved, completely vacant residences and establish a rental program from a clean slate without inherited tenants, legacy rents, or existing lease terms. For an eligible owner-occupant, live in one residence while utilizing the other for potential rental income. Qualified buyers may also explore FHA or VA owner-occupant financing, subject to lender guidelines and buyer qualification. Conveniently located in Panorama City near major shopping, dining, services, and access to the 405, 170, and 5 freeways. Whether purchased as an income property, multigenerational compound, or owner-occupied residence with additional income potential, Clearfield offers something increasingly difficult to replicate: TWO VACANT, IMPROVED RESIDENCES READY TO PERFORM FROM DAY ONE. Projected rental income, NOI, GRM, and cap rate are pro forma estimates only, are not existing rental history, and should be independently verified by the buyer and buyer's agent.

7801 & 7803 Clearfield Avenue, Panorama City

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.