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8645 Wakefield AVEPanorama City, CA 91402

For Sale

$925,000

Smart Buyer Rebate $9,250

INCOME OPPORTUNITY + LEGAL DETACHED ADU! A unique opportunity for an owner-user, investor, or buyer looking to offset their housing costs with rental income. This versatile Panorama City property features a 4 bedroom, 2 bath main residence plus a detached legal 1 bedroom, 1 bath ADU with its own address at 8643 Wakefield Ave, separate electric meter and current rental income already in place.
Offering approximately 2,002 sq. ft. of combined living space, the property provides multiple possibilities for multigenerational living, rental income and future expansion. An additional section of the main residence consisting of a bonus room, fourth bedroom, bathroom and laundry area, was designed with the potential for a future second ADU conversion, subject to buyer verification, permits and applicable requirements.
The approximately 533-sq.-ft. detached ADU features a spacious bedroom with walk in closet, mini-split heating and cooling, tankless water heater, separate electric meter/service panel and newer appliances, including its own washer and dryer.
The main residence offers central HVAC, a newer roof, double-pane Argon gas windows, hardwood flooring, whole house water softener, reverse-osmosis drinking water system and two indoor laundry areas.
Conveniently located near Panorama Mall and the future Icon Panorama development, this property offers something increasingly difficult to find: a primary residence, a legal detached ADU and additional future use potential, all on one property. Live in one and generate income from the other, accommodate extended family, or explore the property’s long-term investment possibilities.

Listed by Joanna Recinos

·

License #01826417

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Strand Hill Properties

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310-283-4353

Last updated October 21, 2026

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Source: CRMLS #SB26136853

Listing Facts

  • TypeSingle-family
  • NeighborhoodPanorama City
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu129
  • Size2,002 sqft
  • Price per sqft$462

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/27/2026
Price Decreased
$925,000
09/23/2026
Price Decreased
$945,000
08/02/2026
Price Decreased
$975,000
06/24/2026
Listed by Strand Hill Properties
$995,000
  1. 10/27/2026$925,000
    Price Decreased
  2. 09/23/2026$945,000
    Price Decreased
  3. 08/02/2026$975,000
    Price Decreased
  4. 06/24/2026$995,000
    Listed by Strand Hill Properties

Property Details for 8645 Wakefield AVE

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 1
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: House
  • Window Features: Double Pane Windows
  • Year Built: 1948
  • Architectural Style: Traditional
  • Common Walls: No Common Walls
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: 1st

Features

  • Fencing: Brick
  • Other Structures: Shed(s)
  • Road Frontage Type: City Street

Measurements

  • Lot Dimensions Source: Public Records
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,279
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,279
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 2638005023

Interior

Features

  • Appliances: Water Softener, Tankless Water Heater
  • Flooring: Tile, Wood
  • Interior Features: Ceiling Fan(s), Granite Counters, Storage

Measurements

  • Living Area: 2,002
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5

Other

Location

  • Tax Lot: 116

Parking

Parking

  • Parking Features: Asphalt, Driveway, Off Street

Schools

High School

  • High School: Monroe
  • High School District: Los Angeles Unified

Middle or Junior School

  • Middle Or Junior School: Sepulveda

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 3 bathrooms in this single-family home at 8645 Wakefield AVE.

What schools are nearby to 8645 Wakefield AVE?

Nearby schools include the Sepulveda Middle School and Monroe High School.

How does 8645 Wakefield AVE compare to other single-family homes in Panorama City?

This single-family home is listed 13% above the average price for single-family homes in Panorama City and has been on the market for 13 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,002 sqft.

8645 Wakefield AVE is a 5-bedroom, 3-bath single-family home for sale in Panorama City CA 91402. Listed on Prevu for 129 days at $925,000. This includes a recent price decrease of $20,000. This residence features 2,002 square feet of living space, located in Panorama City. The median listing price for single-family homes in this area is $634,500. Nearby schools include Sepulveda Middle School and Monroe High School. Additional amenities include private outdoor space, air conditioning, and parking. Explore more single-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.