7847 Ranchito Avenue
Panorama City, CA, 91402
$685,000
MLS: 226001598
Beds
2
Baths
1
Sq Ft
1,091
Lot
0.15 ac
Year Built
1951
MLS #
226001598
Days on Market
10
Listed
Apr 9, 2026
Description
This truly special and one-of-a-kind property offers a rare opportunity to own a home that has been lovingly maintained and cherished for the past 46 years. From the moment you arrive, the inviting double-lane driveway welcomes you in, setting the stage for the warmth and character found throughout. Here is your chance!Upon entry, you are greeted by a beautiful dining room with soaring, white-painted wood ceilings and an adjacent alcove suited for a home office. The home's unique design showcases rich wood beams, wood ceilings, and wood siding, creating a peaceful, retreat-like atmosphere that feels removed from the everyday hustle--perfect for relaxing and unwinding. A stunning brick fireplace anchors the living space, providing the ideal setting for cozy evenings and meaningful gatheringsThe spacious kitchen offers ample room for cooking and entertaining, complete with stainless steel appliances including a range and refrigerator. The primary bedroom is a serene escape, featuring white wood plank ceilings and classic shutters, while the secondary bedroom includes dual walk-in closets, white ceilings, and a ceiling fan for added comfortThis is a rare chance to own a truly well-cared-for home filled with character, charm, and pride of ownership. With potential space for an ADU, the possibilities are there, yet the home itself stands beautifully on its own as a timeless and inviting residence ready for its next owner.
Location
Panorama City, Los Angeles County, CA 91402
Open on Google Maps ↗Listed by: Deborah Gates · eXp Realty of Greater Los Angeles Inc.
Payment estimate
$5,058
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $68,500 · Loan: $616,500
- Principal & Interest
- $3,788
- Property tax (1.25%)
- $714
- Homeowners insurance
- $300
- Mortgage insurance
- $257
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 $23,975 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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