Fully Renovated Triplex
For Sale
$2,049,000
8040 Ranchito Avenue, Panorama City, CA 91402
MULTI_FAMILY - Panorama City, CA
Property SizeContact for details
Lot Size0.22 Acres
Days on Market108
Property Features for 8040 Ranchito Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
9
Bathrooms
9
Full bathrooms
9
Rooms
Bathroom 7, Bedroom 9, Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 6, Bathroom 6, Laundry Room, Bedroom 4, Bathroom 8, Bedroom 2, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 9, Bathroom 4, Bedroom 8, Bathroom 5, Bedroom 1
Lot features
2-5 Units/ Acre, Yard
Directions
SOUTH ON WOODMAN TO LANARK/CANTARA MAKE A RIGHT, ON THE SOUTH EASTERN CORNER OF LANARK AND RANCHITO AVE.
Subdivision
PC - Panorama City
Standard status
Active
APN
2213008013
Lot size
0.22 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
3
Listing Agency:
Redfin Corporation
(310) 409-2885
Listed By:
Tom Royds · License #00949407
(310) 738-1125
Added: Apr 24
Changed: Aug 4
Last Checked: Aug 9 at 2:06AM
MLS# SB26085812
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully renovated triplex compound is set on a nearly 10,000 Sq Ft lot (0.2236 acres) and includes a main single-family residence plus a detached two-bedroom unit and a studio unit. All three units are separately metered, supporting flexible use for both owner-users and investors.
Upgrades include new quartz counters, tankless water heaters, electrical improvements, and new roofing systems. The property is supported by central heating and central air, with public water and public sewer.
Additional features include ample parking and private outdoor spaces, offering room for multi-generational living or a mix of rental strategies, including short-term stays.
Upgrades include new quartz counters, tankless water heaters, electrical improvements, and new roofing systems. The property is supported by central heating and central air, with public water and public sewer.
Additional features include ample parking and private outdoor spaces, offering room for multi-generational living or a mix of rental strategies, including short-term stays.
Key Highlights
- Nearly 10,000 Sq Ft lot (0.2236 acres) with a detached two‑bedroom unit and studio
- Fully renovated triplex with all three units separately metered
- Upgrades include new quartz counters, tankless water heaters, electrical, and new roofing systems
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,992
Businesses Nearby
Explore this area
Business Placement
Demographics for 91402, CA
70,140
Population
20,570
Households
3.4
Avg Household Size
35
Median Age
19%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
18,957
Density / Sq Mi
$56,369
Median Household Income
$31,452
Median Earnings
$1,607
Median Rent
$586,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated triplex with detached two-bedroom and studio units, all separately metered.
Where is this triplex located?
The property is located at 8040 Ranchito Avenue Panorama City, CA.
What is the asking price?
The asking price for this property is $2,049,000.
What are key features of this property?
This property features: Nearly 10,000 Sq Ft lot (0.2236 acres) with a detached two‑bedroom unit and studio; Fully renovated triplex with all three units separately metered; Upgrades include new quartz counters, tankless water heaters, electrical, and new roofing systems
