8040 Ranchito Avenue, Panorama City, CA 91402
8040 Ranchito Avenue, Panorama City, CA 91402
Property 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, 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.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 0 closed
Panorama City · Single Family Residence
Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 10721 Crockett | Sun Valley | 1948 | 7 | 7 | 3,451 | 9,115 | $464 | $1.60M | 32 | 80 |
| 5513 Murietta Avenue | Sherman Oaks | 2021 | 5 | 6 | 4,099 | 9,762 | $951 | $3.90M | 18 | 80 |
| 5022 Ranchito | Sherman Oaks | 1948 | 5 | 6 | 4,236 | 8,496 | $750 | $3.18M | 120 | 78 |
| 5529 Greenbush Avenue | Sherman Oaks | 2025 | 5 | 6 | 4,000 | 8,643 | $912 | $3.65M | 23 | 77 |
| 4842 Fulton Avenue | Sherman Oaks | 2026 | 6 | 8 | 4,304 | 7,758 | $766 | $3.30M | 2 | 77 |
| Total: 5 · Average | 5.6 | 6.6 | 4,018 | 8,754.8 | $768.6 | $3.13M | 39 | |||
| Median | 4,099 | $3.30M | ||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.