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$2,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 hours ago
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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, all three units are seperately metered. 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.

Full Property Details for 8040 Ranchito Ave

General

  • Price: $2,200,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26085812
  • Updated: 4/24/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Gas & Electric Dryer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Location

  • Area: PC - Panorama City
  • County: Los Angeles
  • Development Name: PC - Panorama City
  • Driving Directions: SOUTH ON WOODMAN TO LANARK/CANTARA MAKE A RIGHT, ON THE SOUTH EASTERN CORNER OF LANARK AND RANCHITO AVE.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,000
  • Year Built: 1950

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 5
  • Bedrooms: 7

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 3
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.2236
  • Lot Size (Sq. Ft.): 9,741
  • Lot Size Source: Estimated
  • Lot Description: 2-5 Units/Acre, Yard

Financial Considerations

  • Price Per Sq. Ft.: $550
  • Price Per Unit: 733333

Listed by Redfin Corporation, Tom Royds

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Listing agent

— 8040 Ranchito Ave —

  • Tom Royds

    Redfin Corporation

310-738-1125

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8040 Ranchito Ave

School District:Los Angeles Unified School District
NameGradesDistance
Ranchito Avenue Elementary School
7940 Ranchito Ave., Los Angeles, CA 91402
K-50.1 mi
Robert Fulton College Preparatory School
7477 Kester Ave., Los Angeles, CA 91405
6-121.5 mi
Panorama High School
8015 Van Nuys Blvd., Los Angeles, CA 91402
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8040 Ranchito Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$2,200,000
450%
MLS
12/19/2014
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8040 Ranchito Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,330
12%
$664,330
44%
2023
$7,466
31%
$462,064
2%
2022
$5,711
1%
$453,005
2%
2021
$5,637
-1%
$444,124
1%
2020
$5,689
4%
$439,571
2%
2019
$5,474
2%
$430,953
2%
2018
$5,343
2%
$422,504
2%
2017
$5,228
3%
$414,220
2%
2016
$5,100
27%
$406,099
29%
2015
$4,021
-1%
$315,535
2%
2014
$4,043
—
$309,355
—
2013
$4,043
—
$307,958
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 8040 Ranchito Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Redfin Corporation, Tom Royds

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8040 Ranchito Avenue, Panorama City, CA 91402 (MLS# SB26085812) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 8040 Ranchito Avenue is currently listed for $2,200,000 and was received on April 24, 2026. Want to learn more about 8040 Ranchito Avenue? Do you have questions about finding other Multi-Family real estate for sale in Panorama City? You can browse all Panorama City real estate or contact a Coldwell Banker agent to request more information.

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