7801 & 7803 Clearfield Avenue
Panorama City, CA 91402
6
Bed
3
Bath
2,239Sqft
6,059Sqft(Lot)
A RARE, FULLY VACANT TWO-RESIDENCE INCOME OPPORTUNITY READY TO RENT NOW. No tenants to inherit, no existing leases, and no waiting for units to become available. Both residences are completely vacant, allowing the next owner to select tenants, establish market rents, and put the property to work immediately. With projected combined rents of approximately $7,800/month and annual gross income of approximately $93,600, the $1,349,000 offering price calculates to a 14.41 pro forma GRM and an estimated 4.9% +/- pro forma cap rate based on projected rents and expenses. The property combines an extensively reconstructed and beautifully renovated 4-bedroom, 2-bath main residence with a BRAND-NEW, NEVER-OCCUPIED detached 2-bedroom, 1-bath ADU of approximately 721 square feet. Rebuilt from the subfl
Property Details
Open House
- 10/03 4:30 PM-6:30 PM
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3Roofing Information
Shingle -
Interior Features
OpenFloorplan, RecessedLightingRoof: ShingleAppliances: Dishwasher, Disposal, Microwave, Oven, Range, RefrigeratorLaundry Features: InKitchenWindow Features: DoublePaneWindows -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric, ForcedAir Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1951Building Area Total: 2239Construction Materials: Stucco, WoodSidingStories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Lot Dimensions: 61x99 Main Square Feet: 6059 Lot Size Acres: 0.1391 Lot Size Source: Assessor Lot Size Square Feet: 6,059
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Listing Price Information
Listing Price: $1349000Cash, Conventional, FHA, PrivateFinancingAvailable, VaLoan
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Tax Information
Parcel Number: 2214020004
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Virtual Tour
Parking Information
Parking Total: 4 Paved
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Location Information
Direction: Woodman Ave to Saticoy St, west on Saticoy, north on Clearfield Ave to 7801 Clearfield Ave. Security Features: CarbonMonoxideDetectors,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 13260 Winfield, Panorama City, CA, 91402 | $799,900 | 5 | 2 | 1,514 | 5,767 Sq. Ft |
| 8320 Bardwell Ave., Panorama City, CA, 91402 | $824,500 | 3 | 2 | 1,184 | 9,894 Sq. Ft |
| 13712 Community, Panorama City, CA, 91402 | $1,600,000 | 6 | 6 | 2,552 | 6,034 Sq. Ft |
| 8341 Minuet Place, Panorama City, CA, 91402 | $649,999 | 3 | 1 | 1,014 | 6,350 Sq. Ft |
| 8644 Cantaloupe, Panorama City, CA, 91402 | $615,000 | 3 | 2 | 806 | 5,901 Sq. Ft |
| 8040 Ranchito Avenue, Panorama City, CA, 91402 | $2,049,000 | 10 | 8 | 4,000 | 9,741 Sq. Ft |
| 7842 Clearfield Avenue, Panorama City, CA, 91402 | $1,175,000 | 3 | 3 | 1,863 | 6,336 Sq. Ft |
| 8330 Stansbury Avenue, Panorama City, CA, 91402 | $719,888 | 3 | 1 | 1,014 | 5,957 Sq. Ft |
| 8007 Broadleaf, Panorama City, CA, 91402 | $947,000 | 4 | 4 | 1,950 | 6,573 Sq. Ft |
| 8156 Hazeltine, Panorama City, CA, 91402 | $649,000 | 3 | 1 | 918 | 5,367 Sq. Ft |
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ByOwner last updated this listing 10/02/2026 @ 03:22
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