Panorama City (PC) Homes with Paved Parking features

Panorama City (PC) Homes with Paved Parking features

Welcome to Panorama City, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and welcoming community, Panorama City offers a unique blend of urban convenience and suburban charm. With its proximity to major freeways and public transportation, residents enjoy easy access to the bustling city life of Los Angeles, while still being able to retreat to the tranquility of their homes.

One of the standout features of homes in Panorama City is the availability of properties with paved parking. This is a significant advantage in a city known for its bustling streets and heavy traffic. Having dedicated paved parking not only enhances the convenience of daily life but also adds a layer of security for your vehicle. Whether you have a growing family, enjoy hosting gatherings, or simply value the ease of parking, these homes cater to your needs.

In addition to functional parking solutions, Panorama City boasts a variety of housing options, from charming single-family homes to modern townhouses. The neighborhood is surrounded by lush parks, shopping centers, and dining options, making it an ideal place for families and individuals alike. With schools and recreational facilities nearby, residents can take full advantage of the community's offerings.

Explore the possibilities in Panorama City, where comfort, convenience, and community come together. Discover your dream home with paved parking today, and experience the vibrant lifestyle that awaits you in this dynamic Los Angeles neighborhood!

Newest Panorama City (PC) Homes with Paved Parking features

$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.