$725,000
MLS: SR26127497
Beds
3
Baths
2
Sq Ft
1,046
Lot
0.15 ac
Year Built
1950
MLS #
SR26127497
Days on Market
1
Listed
Jun 11, 2026
Description
First Time on the Market in Over 40 Years! Unlock the potential of this charming Panorama City property featuring 3 bedrooms, 2 bathrooms, and 1,046 square feet of living space on a generous 6,331-square-foot lot. Whether you’re a homeowner, investor, or multigenerational family, this property offers a rare opportunity to create value in a highly desirable and convenient location. The main residence features 2 bedrooms and 1 bathroom, while the converted garage provides a private third bedroom with its own full bathroom and separate entrance—ideal for extended family, guests, a home office, or potential rental income. Recent improvements include a newer roof and newer dual-pane windows, providing a great foundation for future updates and customization. Situated near the front of the lot, the property boasts a spacious backyard with exciting possibilities. Buyers are encouraged to investigate the potential for an ADU and JADU, creating opportunities for additional living space, multigenerational living, or future rental income. Conveniently located near Kaiser Permanente Panorama City Medical Center, St. Genevieve High School, shopping, dining, and major transportation corridors, this property offers easy access to employment centers throughout the San Fernando Valley and greater Los Angeles area. Whether you’re looking to renovate and build instant sweat equity, develop additional units, or create a long-term investment property, opportunities like this are becoming increasingly difficult to find. With its large lot, flexible floor plan, newer roof and windows, and tremendous upside potential, this is a property you won’t want to miss.
Location
Panorama City, Los Angeles County, CA 91402
Open on Google Maps ↗Listed by: Chris Silva · Silva Realty
Payment estimate
$5,460
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $72,500 · Loan: $652,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,133
- Property tax (1.25%)
- $755
- Homeowners insurance
- $300
- Mortgage insurance
- $272
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Panorama City home with as little as 3.5% down using an FHA loan — roughly $25,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Panorama City, CA 91402 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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