ActiveDuplex

14722 Strathern

Panorama City, CA, 91402

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$1,195,000

MLS: SR26029913

Beds

5

Baths

3

Sq Ft

2,336

Lot

0.22 ac

Year Built

1954

MLS #

SR26029913

Days on Market

45

Listed

Feb 14, 2026

Description

Welcome to a truly special opportunity to own a legal gated two-residence property on one lot, featuring two fully remodeled, detached homes located side by side, (14722 & 14724 Strathern), each with its own private entrance and plenty of parking. This thoughtfully laid-out property offers comfort, privacy, and flexibility for a variety of living and investment needs. The main home features 3 bedrooms and 2 bathrooms (approx. 1,346 sq ft), while the second residence offers 2 bedrooms and 1 bathroom (approx. 1,000 sq ft). Both interiors have been updated, including new flooring, beautifully remodeled kitchens, updated bathrooms, recessed lights and new A/C and heating systems, making both homes truly move-in ready. Ideal for multi-generational living, extended family, or owner-occupants looking to offset their mortgage with rental income, this property provides two independent living spaces without shared walls. Investors will appreciate the turnkey condition and strong rental potential, while families will love the space, privacy, and flexibility to live close, yet separately. Front picnic/play area, storage shed & plenty of parking Conveniently located near schools, shopping, dining, and freeway access, this is a rare opportunity to own two remodeled, detached homes on one lot in Panorama City, offering lifestyle flexibility today and long-term value for the future.

Location

Panorama City, Los Angeles County, CA 91402

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Listed by: Michael Rescigno · Berkshire Hathaway HomeServices California Properties

Payment estimate

$8,601

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,500 · Loan: $1,075,500

%
Principal & Interest
$6,608
Property tax (1.25%)
$1,245
Homeowners insurance
$300
Mortgage insurance
$448
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $41,825 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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