$749,888
Original list price: $789,988
MLS: SR26058590
Beds
3
Baths
3
Sq Ft
1,739
Lot
0.03 ac
Year Built
2023
MLS #
SR26058590
Days on Market
91
Listed
Mar 17, 2026
Description
HUGE PRICE IMPROVEMENT – PRICED TO SELL! Exceptional Value in a Gated Community! Welcome to Residences at Tobias, an exclusive enclave of only 14 modern single-family homes in the heart of Panorama City, one of the San Fernando Valley's most centrally located neighborhoods. This architecturally designed tri-level residence offers approximately 1,739 square feet of thoughtfully planned living space, featuring 3 spacious bedrooms, 3 bathrooms, and a versatile first-floor flex room that can serve as a home office, media room, gym, guest suite, or potential 4th bedroom. Conveniently located adjacent to a full bathroom and with direct access to the private yard, this flexible space is ideal for today's evolving lifestyle. Now offered at a significantly improved price, this move-in ready home presents an outstanding opportunity for buyers seeking modern design, functional living space, and exceptional value. Step inside to a bright, open-concept floor plan enhanced by soaring ceilings, expansive windows, and abundant natural light. Contemporary finishes include luxury vinyl plank flooring, designer lighting, stylish fixtures, and a modern appliance package that seamlessly blends form and function. One of the property's most desirable features is its private fenced front yard—one of only two homes in the community with this unique outdoor space. Perfect for relaxing, entertaining guests, enjoying morning coffee, or creating your own private outdoor retreat. Designed for today's lifestyle and tomorrow's technology, the home is equipped with Cat5 wiring, pre-installed conduit for future EV charging, and solar readiness, offering both convenience and long-term efficiency. Additional highlights include an attached two-car garage and a prime location directly across from Tobias Avenue Park. Enjoy easy access to shopping, dining, schools, and major commuter routes, including the 405, 118, and 5 Freeways. Previously tenant-occupied and meticulously maintained, this home is truly move-in ready and represents one of the best values currently available in the area. Modern design. Flexible living. Prime location. Incredible value. Don't miss this opportunity—schedule your private showing today before it's gone!
Location
Panorama City, Los Angeles County, CA 91402
Open on Google Maps ↗Listed by: Leo Bato · The ONE Luxury Properties
Payment estimate
$5,824
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $74,989 · Loan: $674,899
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,275
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
- HOA dues
- $187
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 $26,246 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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