8040 Ranchito Ave

Panorama City, CA 91402

$2,200,000
Price
9
Beds
9
Baths
4,000 Sq. Ft.
$550 / Sq. Ft.
4,000
Sq. Ft.
$550
per Sq. Ft.
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Description

Welcome to this beautifully reimagined property set on an expansive nearly 10,000 Sq Ft lot. This exceptional offering features a fully renovated single-family residence, complemented by a detached two-bedroom unit and a charming studio—creating a rare and versatile living opportunity. Meticulously upgraded from start to finish, New Quartz counters, tankless water heaters, electrical and new roofing systems, all three units are seperately metered. This awesome property reflects the sellers’ commitment...Welcome to this beautifully reimagined property set on an expansive nearly 10,000 Sq Ft lot. This exceptional offering features a fully renovated single-family residence, complemented by a detached two-bedroom unit and a charming studio—creating a rare and versatile living opportunity. Meticulously upgraded from start to finish, New Quartz counters, tankless water heaters, electrical and new roofing systems, all three units are seperately metered. This awesome property reflects the sellers’ commitment to quality craftsmanship and thoughtful design throughout. Whether you’re an owner-user seeking additional income potential or an investor looking to maximize returns, this property delivers. With ample parking, private outdoor spaces, and the flexibility to accommodate multi-generational living or rental opportunities—including short-term stays—this is truly a standout investment. A unique opportunity to own a turnkey, multi-unit compound in a highly desirable setting. Come experience it for yourself—you will not be disappointed.
  1. Listed by Tom Royds • DRE #00949407 • Brokerage DRE #01521930 • Redfin Corporation • 310-738-1125

Property Details for 8040 Ranchito Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Air
Total Units
3.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
4000
LISTING UPDATED: 04/24/2026 11:27 PM

Property Details for 8040 Ranchito Avenue

StatusActive
MLS #SB26085812
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.22 AC / 9,741 SF
CountyLos Angeles County
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Location

Listing Courtesy of Redfin Corporation, Tom Royds, DRE #00949407
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Building Information for 8040 Ranchito Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.22 AC / 9,741 SF

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$11,668 per month

30 year fixed, 6.36% Interest

Principal and Interest

$10,963

Property Taxes

$705

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8040 Ranchito Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 16499
  • CFD/Mello-Roos Fee: $570
  • Tax Lot: 203
Community / Development
Community / Development
  • Community Features: Street Lights, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
Exterior Features
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 7
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $9,500
  • Unit Type Total Rent: $9,500
  • Unit Type Pro Forma: 9500
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3

Property History for 8040 Ranchito Avenue

DateEvent & SourcePriceAppreciation
Apr 24, 2026

Listed (Active)

CLAW #SB26085812MR

$2,200,000—
Apr 24, 2026

Listed (Active)

SDMLS #SB26085814

$2,200,000—
Apr 24, 2026

Listed (Active)

CRMLS #SB26085812

$2,200,000—
DateEvent & SourcePrice
04/24/2026

Listed (Active)

CLAW #SB26085812MR

$2,200,000
04/24/2026

Listed (Active)

SDMLS #SB26085814

$2,200,000
04/24/2026

Listed (Active)

CRMLS #SB26085812

$2,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8040 Ranchito Avenue

Taxable ValueLand$316,442Additions$347,888Total$664,330
Tax Record2025$8,458 ($705 / month)
Home Facts
Beds4Total Finished SqFt2,751 SqFtAbove Grade Finished SqFt2,751 SqFtStories1Lot Size9,737 SqFtStyleSingle Family ResidenceYear Built1950ZoningLAR1CountyLOS ANGELESAPN2213-008-013

Schools near 8040 Ranchito Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Ranchito Avenue Elementary School
Public - K to 5
Robert Fulton College Preparatory School
Public - 6 to 12
Panorama High School
Public - 9 to 12
Hilda L. Solis Learning Academy School Of Technology, Business And Education
Public - 9 to 12
Rating
School
Distance
Ranchito Avenue Elementary School
PublicK to 5

Robert Fulton College Preparatory School
Public6 to 12

Panorama High School
Public9 to 12

Hilda L. Solis Learning Academy School Of Technology, Business And Education
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 8040 Ranchito Avenue, Panorama City, CA 91402

8040 Ranchito Avenue is a multi-family home for sale in Panorama City, CA 91402. This property was listed for sale on April 24, 2026 by Redfin Corporation, it's currently listed at $2,200,000. It has been on the market for a total of 35 days and was last sold on February 27, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Ranchito Avenue Elementary School, Robert Fulton College Preparatory School and Panorama High School. 8040 Ranchito Avenue is a 9-bed, 9-bath, 4,000 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation, Tom Royds, DRE #00949407

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.