Panorama City (PC) Homes with One Level Stories

Panorama City (PC) Homes with One Level Stories

Welcome to Panorama City, a vibrant community located in the heart of the San Fernando Valley in California. This charming neighborhood, situated in Los Angeles County, offers a perfect blend of suburban tranquility and urban convenience.

Panorama City is known for its diverse real estate options, including homes with one level stories. Whether you are looking for a cozy bungalow or a spacious ranch-style residence, you will find a variety of properties that cater to your preferences.

Living in a one-level home in Panorama City offers numerous benefits, including easy accessibility, seamless flow between living spaces, and the convenience of having everything on a single level. These homes are ideal for individuals and families alike, providing comfort and functionality in a stylish package.

In addition to the allure of one-level homes, Panorama City boasts a range of amenities, including parks, shopping centers, dining options, and easy access to major freeways. Residents can enjoy a relaxed lifestyle while still being within reach of all the excitement that Los Angeles has to offer.

Whether you are a first-time homebuyer, a growing family, or someone looking to downsize, Panorama City has something for everyone. Discover the beauty and convenience of living in a one-level home in this wonderful neighborhood.

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.