8645 Wakefield
Panorama City, CA 91402
Listing broker / agent: Strand Hill Properties · Joanna Recinos · 310-283-4353 · CRMLS
MLS # SB26136853 · Last checked Nov 14, 2026 20:08 UTC
About this property
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.
Property details
- MLS number
- SB26136853
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 5 Beds • 3 Baths
- Living area
- 2,002 Sq Ft
- Lot size
- 0.1212 acres
- County
- Los Angeles
- Year built
- 1948
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 135
Building
- Year built
- 1948
- Year built source
- Assessor
- Architectural style
- Traditional
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Construction
- Stucco
- Roof
- Shingle
Bathrooms
- Full bathrooms
- 3
Rooms & interior
- Main-level bedrooms
- 5
- Main-level bathrooms
- 2
- Rooms
- Bonus Room, Bedroom, Entry Foyer, Kitchen, Library, Living Room
- Appliances
- Water Softener, Tankless Water Heater
- Interior features
- Ceiling Fans, Granite Counters, Storage, Bedroom On Main Level
- Flooring
- Tile, Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Washer Hookup, Gas Dryer Hookup, Laundry Closet
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 0
- Parking
- Asphalt, Driveway, Off Street
- Pool
- None
- Spa
- None
- Patio / porch
- None
- Lot features
- Zero To One Unit Acre, Sprinkler System, Yard
- Lot size source
- Assessor
- Fencing
- Brick
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Natural Gas Available, Water Available
- Community features
- Storm Drains, Street Lights, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- Middle / junior school
- Sepulveda
- High school
- Monroe
- High school district
- Los Angeles Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Chase Street Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.3 mi |
| Valor Academy Elementary (school website, opens in a new tab) Los Angeles Unified · Arleta | K–4 | 0.6 mi |
| Burton Street Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.6 mi |
| Panorama City Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.6 mi |
| Michelle Obama Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.7 mi |
| Alta California Elementary (school website, opens in a new tab) Los Angeles Unified · Panorama City | K–5 | 0.7 mi |
| Panorama High (school website, opens in a new tab) Los Angeles Unified · Panorama City | 9–12 | 0.7 mi |
| Cal Burke High (school website, opens in a new tab) Los Angeles Unified · Panorama City | 9–12 | 0.8 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $899,500
- MLS-reported original asking price
- $995,000
- MLS-reported previous asking price
- $925,000
- MLS-reported last price change
- 2026-11-06 09:14 UTC
| Observed (UTC) | Asking price |
|---|---|
| Nov 6, 2026 17:24 | $899,500 |
| Oct 21, 2026 16:20 | $925,000 |
| Oct 2, 2026 08:06 | $945,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Panorama City
Active residential homes for sale in Panorama City, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
11 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 20:48 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗