8118 Ranchito Avenue
Panorama City, CA, 91402
$729,900
MLS: 26662451
Beds
2
Baths
1
Sq Ft
1,166
Lot
0.14 ac
Year Built
1950
MLS #
26662451
Days on Market
12
Listed
Mar 11, 2026
Description
Priced to sell!!! Charming 2-bedroom, 1-bath home with an additional large bonus room offering flexible living space. The extra room may be suitable for a variety of uses such as home office, hobby room, or additional living area. This property presents a great opportunity for buyers looking to update and personalize a home to their own style and preferences. The home features a detached garage and a spacious backyard, providing plenty of outdoor space. The large lot offers potential for expansion, landscaping projects, or possible ADU opportunities (Buyer to verify with the city regarding requirements, permits, and feasibility). This property may appear to investors as well as owner occupants seeking a project with huge potential. With some updates and improvements, the home could be transformed into a comfortable residence or long-term investment. Conveniently located with access to nearby amenities shopping dining and major transportation routes, Offering both convenience and accessibility. Opportunities like this do not come along often - schedule a showing and explore the possibilities this property has to offer!!!
Location
Panorama City, Los Angeles County, CA 91402
Open on Google Maps ↗Listed by: Kasia Kopek · Rodeo Realty
Payment estimate
$5,370
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $72,990 · Loan: $656,910
- Principal & Interest
- $4,036
- Property tax (1.25%)
- $760
- Homeowners insurance
- $300
- Mortgage insurance
- $274
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 $25,547 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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