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About This Home

This 9-bedroom, 9-bathroom multi-family at 8040 Ranchito Avenue in Panorama City, CA is listed for $2,200,000 ($550 per sqft). Built in 1950, the home offers 4,000 sqft of living space on a 0.22 acres lot.

Agent Description

Welcome to this beautifully reimagined property set on an expansive nearly 10,000 Sq Ft lot. This exceptional offering features a fully renovated single-family residence, complemented by a detached two-bedroom unit and a charming studio—creating a rare and versatile living opportunity.

Meticulously upgraded from start to finish, New Quartz counters, tankless water heaters, electrical and new roofing systems, all three units are seperately metered. This awesome property reflects the sellers’ commitment to quality craftsmanship and thoughtful design throughout.

Whether you’re an owner-user seeking additional income potential or an investor looking to maximize returns, this property delivers. With ample parking, private outdoor spaces, and the flexibility to accommodate multi-generational living or rental opportunities—including short-term stays—this is truly a standout investment. A unique opportunity to own a turnkey, multi-unit compound in a highly desirable setting. Come experience it for yourself—you will not be disappointed.

Key Features

  • Built in 1950
  • 0.22 acre lot
  • 2 stories

Property Details

2 stories
8 full, 1 half
1950

Amenities

View

Monthly Cost Estimate

$11,766/mo

20% down · 6.5% · 30 years

Principal$1,591
Interest$9,533
Insurance$642

Estimates only. Actual payments may vary.

Location

8040 Ranchito Avenue

Panorama City, CA 91402

Features & Amenities

Exterior Features

Community Features Included: Street LightsSidewalksSuburban2-5 Units/AcreYard

Property Details

Views

None

Heating

Central

Cooling

Central Air

Questions & Answers

This 9-bedroom, 9-bathroom multi-family at 8040 Ranchito Avenue is listed at $2,200,000 ($550/sqft). The estimated monthly payment is $9,533 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.22 acre lot, 2 stories. Exterior Features: Community Features Included: Street Lights, Sidewalks, Suburban.

This property is listed by Tom Royds and can be reached at 3107381125 or thomas.royds@redfin.com.

TR

Tom Royds

Agent at Redfin Corporation

(310) 738-1125

Listed by Redfin Corporation · View on Broker Site

MLS# SB26085812· Source: listhub· Updated 38 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8040 Ranchito Avenue, Panorama City, CA 91402

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