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, 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.
For sale
Listed by: Redfin Corporation • Tom Royds • Contact: 310-738-1125
Price cut: $100K (8/1)
$2,049,000
8040 Ranchito Ave, Panorama City, CA 91402
10beds
4,000sqft
Single Family Residence
Built in 1950
9,741 Square Feet Lot
$1,984,300 Zestimate®
$512/sqft
$-- HOA
What's special
Ample parkingFully renovated single-family residenceDetached two-bedroom unitNew quartz countersPrivate outdoor spacesCharming studioTankless water heaters
- 158 days
- 201
- 13
Zillow last checked:
Listing updated:
Listed by:
Tom Royds DRE #00949407 310-738-1125,
Redfin Corporation
Source: CRMLS,MLS#: SB26085814
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 8
- Main level bathrooms: 3
- Main level bedrooms: 5
Rooms
- Room types: Family Room, Kitchen
Bathroom
- Features: Bathtub, Tub Shower
Kitchen
- Features: Quartz Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range, Gas Range, Range Hood, Tankless Water Heater
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Multiple Staircases, Quartz Counters
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,000 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
Lot
- Size: 9,741 Square Feet
- Features: Yard
Details
- Parcel number: 2213008013
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban, Sidewalks
Location
- Region: Panorama City
Financial & listing details
- Price per square foot: $512/sqft
- Tax assessed value: $677,614
- Date on market: 4/24/2026
- Cumulative days on market: 158 days
- Listing terms: Cash,Conventional,Submit
Estimated market value
$1,984,300
$1.89M - $2.08M
$2,823/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Price change | $2,049,000-4.7%$512/sqft |
Source:  CRMLS #SB26085812 Report a problem | ||
| 7/9/2026 | Price change | $2,149,0000%$537/sqft |
Source: CRMLS #SB26085814 Report a problem | ||
| 6/29/2026 | Price change | $2,150,000-2.3%$538/sqft |
Source: CRMLS #SB26085812 Report a problem | ||
| 4/24/2026 | Listed for sale | $2,200,000+379.3%$550/sqft |
Source: CRMLS #SB26085814 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/3/2016 | Listing removed | $459,000$115/sqft |
Source: Owner #454663 Report a problem | ||
| 5/22/2015 | Listed for sale | $459,000+14.8%$115/sqft |
Source: Owner #454663 Report a problem | ||
| 2/27/2015 | Sold | $400,000-12.9%$100/sqft |
Source: Public Record Report a problem | ||
| 9/20/2014 | Price change | $459,000-4.2%$115/sqft |
Source: Mulhearn Realtors, Inc., dba Prudential California Realty #SR14142564 Report a problem | ||
| 8/19/2014 | Listed for sale | $479,000+61.8%$120/sqft |
Source: Mulhearn Realtors, Inc., dba Prudential California Realty #SR14142564 Report a problem | ||
| 1/10/2011 | Sold | $296,000+3.5%$74/sqft |
Source: Public Record Report a problem | ||
| 12/18/2010 | Listed for sale | $285,900+9.9%$71/sqft |
Source: foreclosure.com Report a problem | ||
| 5/28/2010 | Sold | $260,047+18.2%$65/sqft |
Source: Public Record Report a problem | ||
| 5/25/2010 | Listed for sale | $220,000$55/sqft |
Source: Bullion Real Estate & Mortgage #F1839690 Report a problem | ||
| 4/17/2010 | Listing removed | $220,000$55/sqft |
Source: Bullion Real Estate & Mortgage #F1839690 Report a problem | ||
| 4/15/2010 | Price change | $220,000-20%$55/sqft |
Source: Bullion Real Estate & Mortgage #F1839690 Report a problem | ||
| 4/9/2010 | Listed for sale | $275,000-27.4%$69/sqft |
Source: Bullion Real Estate & Mortgage #F1839690 Report a problem | ||
| 1/15/2009 | Listing removed | $379,000$95/sqft |
Source: Listhub #F1752175 Report a problem | ||
| 8/23/2008 | Listed for sale | $379,000-28.5%$95/sqft |
Source: Listhub #F1752175 Report a problem | ||
| 11/17/2005 | Sold | $530,000+277.2%$133/sqft |
Source: Public Record Report a problem | ||
| 7/11/1997 | Sold | $140,500$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $677,614 +2% |
| 2025 | $8,458 +1.5% | $664,330 +2% |
| 2024 | $8,330 +39.3% | $651,305 +41% |
| 2023 | $5,979 +4.7% | $462,064 +2% |
| 2022 | $5,711 +1.3% | $453,005 +2% |
| 2021 | $5,637 -0.9% | $444,124 +1% |
| 2020 | $5,689 | $439,571 +2% |
| 2019 | $5,689 +6.5% | $430,953 +2% |
| 2018 | $5,343 | $422,504 +2% |
| 2017 | $5,343 +2.2% | $414,220 +2% |
| 2016 | $5,228 +2.5% | $406,099 +28.7% |
| 2015 | $5,100 +26.1% | $315,535 +2% |
| 2014 | $4,043 | $309,355 +2.5% |
| 2012 | -- | $301,920 -12.9% |
| 2011 | -- | $346,590 +14.6% |
| 2010 | -- | $302,500 |
| 2009 | -- | $302,500 -48.2% |
| 2008 | -- | $583,440 +2% |
| 2007 | -- | $572,000 +7.9% |
| 2006 | -- | $530,000 +229.5% |
| 2005 | -- | $160,832 -45.6% |
| 2004 | -- | $295,413 +94.7% |
| 2003 | -- | $151,755 +2% |
| 2002 | -- | $148,780 +4% |
| 2000 | -- | $143,004 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Panorama City
- $686,5003 bd1 ba1k sqft8034 Ranchito Ave, Panorama City, CA 91402Off Market
- $795,7003 bd1 ba1.3k sqft8057 Cantaloupe Ave, Panorama City, CA 91402Off Market
- $841,1004 bd2 ba1.6k sqft8049 Cantaloupe Ave, Panorama City, CA 91402Off Market
- $735,3003 bd2 ba1.2k sqft8039 Cantaloupe Ave, Panorama City, CA 91402Off Market
Similar homes
- $1,950,00010 bd8 ba3.7k sqft18724 Chase St, Northridge, CA 91324For Sale
MLS ID #AR26200699, Christine Alanes, Socal Platinum Properties. CRMLS - $2,175,00011 bd9 ba4k sqft7010 Lennox Ave, Van Nuys, CA 91405For Sale
MLS ID #SR26141609, Gary Keshishyan, Pinnacle Estate Properties. CRMLS - $1,899,00011 bd7 ba3.7k sqft19331 Lorne St, Reseda, CA 91335For Sale
MLS ID #GD26192777, Edward Madadi, Galaxy Real Estate Services. CRMLS - $1,349,9507 bd5 ba3.2k sqft14657 Novice St, Panorama City, CA 91402For Sale
MLS ID #SR26074668, Gary Keshishyan, Pinnacle Estate Properties. CRMLS
