8416 Katherine Avenue
Panorama City, CA, 91402
$675,000
MLS: P1-25719
Beds
3
Baths
1
Sq Ft
1,196
Lot
0.13 ac
Year Built
1949
MLS #
P1-25719
Days on Market
19
Listed
Feb 4, 2026
Description
Welcome to this charming single-story home at 8416 Katherine Ave in Panorama City. Offering 3 bedrooms and 1 bathroom across approximately 1,196 square feet, this residence sits on a generous +/-5,491 square foot lot with plenty of room to personalize. The bright living room features large windows that invite in natural light and highlight the home's classic character. The kitchen offers ample cabinetry, open shelving, and a functional layout ready for updates or retro appeal. Bedrooms are well-sized, with mirrored closets and vintage details throughout. A spacious enclosed bonus area provides flexible use as a family room, office, or hobby space. Outside, the private yard and detached garage present opportunities for outdoor entertaining, expansion, or ADU potential. Conveniently located near shopping, dining, and major freeways, this property is an excellent opportunity for homeowners or investors alike.
Location
Panorama City, Los Angeles County, CA 91402
Open on Google Maps ↗Listed by: Justin Jenewein · Keller Williams Real Estate Services
Payment estimate
$4,989
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $67,500 · Loan: $607,500
- Principal & Interest
- $3,733
- Property tax (1.25%)
- $703
- Homeowners insurance
- $300
- Mortgage insurance
- $253
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 $23,625 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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