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8645 WakefieldPanorama City, CA 91402

Single Family · 4 Beds · 2 Full Baths · 1,469 Sq. ft. | 0.12 Acres
$995,000 Active

8645 Wakefield Overview

Time on Site:
6 days
Visits:
0

Beautifully updated property featuring a legal ADU and exceptional income producing potential in a highly desirable, walkable location. Conveniently located near Panorama Mall and the future Icon Panorama development, this unique property offers the perfect blend of comfortable living and investment opportunity. Situated on a 5,279 sq. ft. lot, this versatile property offers approximately 2,002 sq. ft. of total living space, including a 4 bedroom, 2 bath main home, a spacious bonus room, and a detached 1 bedroom, 1 bath ADU with its own address (8643 Wakefield Ave). The main residence showcases energy efficient double pane Argon gas windows, central heating and air conditioning, a newer roof, whole house water softener system, reverse osmosis drinking water filtration, and two indoor laundry areas. Hardwood flooring flows through much of the home, while newer flooring enhances the bonus room and additional living areas. Adding to the property’s appeal is a flexible section of the main home consisting of a bonus room, fourth bedroom, bathroom, and laundry area that was thoughtfully designed with the potential for a future second ADU conversion (buyer to verify), requiring primarily kitchen installation and permitting. The legal detached ADU offers approximately 533 sq. ft. of comfortable living space and features a spacious bedroom with walk in closet, mini-split heating and cooling systems, tankless water heater, separate electric meter and service panel, and newer appliances including a washer, dryer, gas range, dishwasher, range hood, and refrigerator. The ADU offers immediate income potential and features separate utility responsibility, with electricity and trash services paid independently. The property is completed by a shared backyard ideal for outdoor enjoyment, drought-tolerant landscaping, and mature fruit trees. Whether you’re seeking multigenerational living, supplemental rental income, or future expansion potential, this unique property offers exceptional flexibility and investment value in a rapidly growing area.

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8645 Wakefield Facts & Features

  • Type Single Family
  • Sq. ft. 1,469
  • Price/Sq.ft. $677
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Los Angeles Unified
  • Middle Or Junior School: Sepulveda
  • High School: Monroe

Listing Information

  • Contingency: Negotiable.

Building Information

  • New Construction: No
  • Year Built: 1948

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: PC - Panorama City
  • Postal City: PANORAMA CITY

Community/Development

  • Community Features: Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,Fannie Mae,Freddie Mac
  • Parcel Number: 2638005023
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 4

General Information

  • Appliances: Water Softener,Tankless Water Heater
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1st
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile,Wood
  • Interior Features: Ceiling Fan(s),Granite Counters,Storage,Bedroom on Main Level
  • Laundry Features: Washer Hookup,Gas Dryer Hookup,Laundry Closet
  • Levels: One
  • Living Area: 1469.0
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Asphalt,Driveway,Off Street

Lot Information

  • Additional Parcels: No
  • Lot Dimensions Source: Public Records
  • Lot Features: 0-1 Unit/Acre,Sprinkler System,Yard
  • Lot Size Acres: 0.1212
  • Lot Size Area: 5279.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5279.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Construction Materials: Stucco
    • Patio And Porch Features: None
    • Property Attached: No
    • Roof: Shingle
    • Structure Type: House

    General Information

    • Fencing: Brick
    • Number Of Units Total: 1
    • Other Structures: Shed(s)
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Electricity Available,Natural Gas Available,Water Available

    8645 Wakefield Neighborhood

    Community

    91402 (Panorama City) Demographics

    34
    Median Age
    18,819
    Population Density (per sq. mile)
    23%
    College Educated
    $48,933
    Estimated Median Income
    7,022
    Estimated Total Home Owners
    13,318
    Estimated Total Renters
    35% / 65%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    8645 Wakefield Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    8645 Wakefield Market Data

    Based on the last 30 days in this zip code

    $672,607
    Average List Price
    $467
    Average Price per Square Foot
    15
    Properties Sold
    95
    Average Days on Market
    191
    Properties for Sale
    Calculations provided by Reliance Network

    8645 Wakefield History

    Date Event Value Agent
    6/24/2026Source: CRMLS Added to Database
    June 24, 2026
    Listing provided courtesy of Strand Hill PropertiesJoanna Recinos- MLS# SB26136853MLS ProviderContact Information: [email protected] - 310-545-0707