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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
    : 
    $12,640/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    9,741 Square Feet Lot
    $1,992,200 Zestimate®
    $512/sqft
    $-- HOA

    What's special

    Ample parkingFully renovated single-family residenceDetached two-bedroom unitNew quartz countersPrivate outdoor spacesCharming studioTankless water heaters
    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.
    112 days
    |
    251
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Royds DRE #00949407 310-738-1125,

    Redfin Corporation

    Source: CRMLS,MLS#: SB26085814MLS LogoOriginating MLS: California Regional MLS

      Facts & 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
      • Has view: Yes
      • View description: 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: $664,330
      • Annual tax amount: $8,458
      • Date on market: 4/24/2026
      • Cumulative days on market: 112 days
      • Listing terms: Cash,Conventional,Submit

        Estimated market value

        $1,992,200

        $1.89M - $2.09M

        $3,071/mo

        Price history

        DateEventPrice
        8/1/2026Price change$2,049,000-4.7%$512/sqft
        Source: CRMLS #SB26085812 Report a problem
        7/9/2026Price change$2,149,0000%$537/sqft
        Source: CRMLS #SB26085814 Report a problem
        6/29/2026Price change$2,150,000-2.3%$538/sqft
        Source: CRMLS #SB26085812 Report a problem
        4/24/2026Listed for sale$2,200,000+379.3%$550/sqft
        Source: CRMLS #SB26085814 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        2/3/2016Listing removed$459,000$115/sqft
        Source: Owner #454663 Report a problem
        5/22/2015Listed for sale$459,000+14.8%$115/sqft
        Source: Owner #454663 Report a problem
        2/27/2015Sold$400,000-12.9%$100/sqft
        Source: Public Record Report a problem
        9/20/2014Price change$459,000-4.2%$115/sqft
        Source: Mulhearn Realtors, Inc., dba Prudential California Realty #SR14142564 Report a problem
        8/19/2014Listed for sale$479,000+61.8%$120/sqft
        Source: Mulhearn Realtors, Inc., dba Prudential California Realty #SR14142564 Report a problem
        1/10/2011Sold$296,000+3.5%$74/sqft
        Source: Public Record Report a problem
        12/18/2010Listed for sale$285,900+9.9%$71/sqft
        Source: foreclosure.com Report a problem
        5/28/2010Sold$260,047+18.2%$65/sqft
        Source: Public Record Report a problem
        5/25/2010Listed for sale$220,000$55/sqft
        Source: Bullion Real Estate & Mortgage #F1839690 Report a problem
        4/17/2010Listing removed$220,000$55/sqft
        Source: Bullion Real Estate & Mortgage #F1839690 Report a problem
        4/15/2010Price change$220,000-20%$55/sqft
        Source: Bullion Real Estate & Mortgage #F1839690 Report a problem
        4/9/2010Listed for sale$275,000-27.4%$69/sqft
        Source: Bullion Real Estate & Mortgage #F1839690 Report a problem
        1/15/2009Listing removed$379,000$95/sqft
        Source: Listhub #F1752175 Report a problem
        8/23/2008Listed for sale$379,000-28.5%$95/sqft
        Source: Listhub #F1752175 Report a problem
        11/17/2005Sold$530,000+277.2%$133/sqft
        Source: Public Record Report a problem
        7/11/1997Sold$140,500$35/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Panorama City

        Getting around

        71 / 100
        Very Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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