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Beautifully updated property featuring a legal ADU and exceptional income producing potential in a highly desirable, walkable location. Conveniently located near Panorama Mall and the future Icon Panorama development, this unique property offers the perfect blend of comfortable living and investment opportunity. Situated on a 5,279 sq. ft. lot, this versatile property offers approximately 2,002 sq. ft. of total living space, including a 4 bedroom, 2 bath main home, a spacious bonus room, and a detached 1 bedroom, 1 bath ADU with its own address (8643 Wakefield Ave). The main residence showcases energy efficient double pane Argon gas windows, central heating and air conditioning, a newer roof, whole house water softener system, reverse osmosis drinking water filtration, and two indoor laundry areas. Hardwood flooring flows through much of the home, while newer flooring enhances the bonus room and additional living areas. Adding to the property's appeal is a flexible section of the main home consisting of a bonus room, fourth bedroom, bathroom, and laundry area that was thoughtfully designed with the potential for a future second ADU conversion (buyer to verify), requiring primarily kitchen installation and permitting. The legal detached ADU offers approximately 533 sq. ft. of comfortable living space and features a spacious bedroom with walk in closet, mini-split heating and cooling systems, tankless water heater, separate electric meter and service panel, and newer appliances including a washer, dryer, gas range, dishwasher, range hood, and refrigerator. The ADU offers immediate income potential and features separate utility responsibility, with electricity and trash services paid independently. The property is completed by a shared backyard ideal for outdoor enjoyment, drought-tolerant landscaping, and mature fruit trees. Whether you're seeking multigenerational living, supplemental rental income, or future expansion potential, this unique property offers exceptional flexibility and investment value in a rapidly growing area.
Property Type(s):
Single Family
| Last Updated | 6/24/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | PC - Panorama City | County | Los Angeles |
SCHOOLS
| Jr. High School | Sepulveda |
|---|---|
| High School | Monroe |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Tankless Water Heater, Water Softener |
| AREA | PC - Panorama City |
| CONSTRUCTION | Stucco |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s), Granite Counters, Storage |
| LOT | 5279 sq ft |
| LOT DIMENSIONS | 5279 |
| PARKING | Asphalt, Driveway, Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| UTILITIES | Electricity Available, Natural Gas Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Strand Hill Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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