7856 Ranchito Ave, Panorama City, CA 91402
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7856 Ranchito Ave Panorama City, CA 91402

$1,245,000
  • 6 Beds
  • 5 Baths
  • 2,440 Sq.Ft.
Back Up Offer
$1,245,000 Get Pre-Qualified

Map preview of 7856 Ranchito Ave, Panorama City, CA 91402

Property Overview: 7856 Ranchito Ave Panorama City, CA has 6 bedrooms, 5 bathrooms, 2,440 living square feet and 6,347 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome 7856-7858 Ranchito and 7866 Matilija Ave this exceptional residential property offering 3 distinct living units, each with their very own separate entrances and private yards. Each unit features a comfortable living area and a modern kitchen that is equipped with stainless steel appliances, quartz countertops, and ample cabinet space. All 3 units feature hardwood flooring, LED recessed lighting, and separate central air conditioning and heating systems. The main unit includes 3 bedrooms and 2 baths. The second unit features 1 bedroom and 1 bath. The third unit consists of 2 bedrooms and 2 baths. Don’t miss this excellent opportunity to own such a unique property that provides endless possibilities for comfortable living, multi-generational living, potential rental income, or a combination of all three!

Listed by Arka Aklyan | BRE #01382935 | Jack Arkai Inc.
Last checked: 9 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 31
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Home details

Lot Sq. Ft
6,347
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Single Family Home
Status
Back Up Offer
MLS#
SR24056347
City
Panorama City
County
Los Angeles
Time on Site
37 days

Open Houses for 7856 Ranchito Ave

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Property Details for 7856 Ranchito Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 6
  • Downstairs Bathrooms: 5
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Range
  • Quartz Counters
Bathroom Information
  • # of Baths (Full): 5
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • New Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 2214014016
  • Year Built Source: See Remarks
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: West of Woodman
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 7856 Ranchito Ave

Last sold for $565,000 on June 30th, 2021
  • April, 2024

  • Apr 4, 2024

    Date

    Back Up Offer

    CRMLS: SR24056347

    $1,245,000

    Price

  • Mar 20, 2024

    Date

    Active

    CRMLS: SR24056347

    $1,245,000

    Price

  • July, 2021

  • Jul 2, 2021

    Date

    Sold

    CRMLS: SR21101486

    $565,000

    Price

  • Jun 13, 2021

    Date

    Pending

    CRMLS: SR21101486

    $550,000

    Price

  • May 18, 2021

    Date

    Active Under Contract

    CRMLS: SR21101486

    $550,000

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: SR21101486

    $550,000

    Price

  • May 17, 2021

    Date

    Hold

    CRMLS: SR21101486

    $550,000

    Price

  • May 16, 2021

    Date

    Active

    CRMLS: SR21101486

    $550,000

    Price

  • May 15, 2021

    Date

    Hold

    CRMLS: SR21101486

    $550,000

    Price

  • May 12, 2021

    Date

    Active

    CRMLS: SR21101486

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Trust Sale, Great House in Panorama City has many potentials. It will be sold AS-IS present condition. Trustee never lived in the house, Buyer to rely on own information with due diligence. This property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. This is a Trust Sale subject to court final approval! All visitors must sign PEAD form prior entering the property. Everyone must follow LA City CDC guidelines. Please email PEAD prior to entering property.

  • November, 2012

  • Nov 27, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 7856 Ranchito Ave

Assessed Value (2020): $67,196
Year Land Value Improved Value Assessed Value
2020 $35,165 $32,031 $67,196

Home Value Compared to the Market

This property vs the competition

7856 Ranchito Ave is listed 85.82% higher than the median list price for the city of Panorama City which has a median list price of $670,000. The median price per/sqft for Panorama City is $460 and this home is listed at $510.25 per/sqft which puts the price per square foot 10.92% higher than the median price per square foot for the city of Panorama City.

About 7856 Ranchito Ave

Detailed summary of property

7856 Ranchito Ave is a single family home located in Panorama City, CA 91402 and is currently in escrow to be sold. This house offers 6 bedrooms, 5 bathrooms, roughly 2,440 living square feet, and sits on an approximately 6,347 square foot lot. 7856 Ranchito Ave was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $1,245,000. The median priced home in Panorama City is $670,000 with a median price per square foot of $460. Based on Ardent Real Estate Group's Panorama City Market Data, this home is listed 85.82% higher than the median priced home. Local competing homes currently for sale include 8968 Wonderland Ave, 2331 Stanley Hills Dr and 1313 N Beverly Glen Blvd. While the average home in Panorama City, CA is selling in 61 days, 7856 Ranchito Ave has a days on market of 31 days. There are currently 45 homes for sale in the Panorama City real estate market and 23 of them are single family homes while 13 of them are condos and 9 are townhomes. For more information on this home for sale at 7856 Ranchito Ave Panorama City, CA 91402 contact Ardent Real Estate Group and we will put you in touch with one of our Panorama City agents.

Public Facts for 7856 Ranchito Ave

Public county record property details
Beds
3
Baths
1
Year built
1951
Sq. Ft.
1,040
Lot Size
6,345
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
78
APN
2214-014-016

The source for these homes facts are from public records.

91402 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,900
Median List Price/Sq.Ft.
$460
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$431
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
25
Loan Type
Conventional (71.43%), FHA (7.14%), VA (0%), Cash (7.14%), Other (7.14%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.