Panorama City (PC) Homes with One Level Stories

Panorama City (PC) Homes with One Level Stories

Welcome to Panorama City, California, a vibrant and diverse neighborhood nestled in the heart of Los Angeles County. Known for its rich cultural tapestry and convenient access to urban amenities, Panorama City offers an enticing blend of suburban charm and metropolitan excitement. With its picturesque tree-lined streets and welcoming community atmosphere, it's no wonder that many are drawn to call this area home.

One of the standout features of Panorama City is its selection of one-level story homes. Perfect for families, retirees, and everyone in between, these single-story residences offer the ideal combination of comfort and accessibility. With spacious layouts, modern amenities, and often lush backyards, these homes are designed to cater to a variety of lifestyles. Whether you're hosting a family gathering or enjoying a quiet evening at home, the open floor plans of one-level homes create an inviting environment for all.

Living in Panorama City means you’re just moments away from an array of shopping, dining, and entertainment options. Explore the local parks, indulge in delicious cuisine from around the world, or take a short drive to the iconic attractions of Los Angeles. Plus, with easy access to major freeways, commuting to work or exploring the surrounding areas is a breeze.

In Panorama City, you’ll find not just a place to live, but a community to thrive in. Discover the charm of one-level story homes in this dynamic neighborhood, where comfort meets convenience in the heart of Los Angeles. Your dream home awaits in Panorama City!

Newest Panorama City (PC) 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.