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+16615447793
Ilma's Inc.
13873 Lanark, Panorama City, CA 91402
- $715,000
- 3
- BD
- 2
- BA
- 1,046
- SqFt
- Sold Price
- $715,000
- List Price
- $675,000
- Closing Date
- Jul 28, 2026
- Status
- CLOSED
- MLS#
- SR26127497
- Year Built
- 1950
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,046
- Lot Size
- 6,333
- Acres
- 0.15
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 15
- Property Type
- Single Family Residential
- Style
- Traditional
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
First Time on the Market in Over 40 Years! Unlock the potential of this charming Panorama City property featuring 3 bedrooms, 2 bathrooms, and 1,046 square feet of living space on a generous 6,331-square-foot lot. Whether you’re a homeowner, investor, or multigenerational family, this property offers a rare opportunity to create value in a highly desirable and convenient location. The main residence features 2 bedrooms and 1 bathroom, while the converted garage provides a private third bedroom with its own full bathroom and separate entrance—ideal for extended family, guests, a home office, or potential rental income. Recent improvements include a newer roof and newer dual-pane windows, providing a great foundation for future updates and customization. Situated near the front of the lot, the property boasts a spacious backyard with exciting possibilities. Buyers are encouraged to investigate the potential for an ADU and JADU, creating opportunities for additional living space, multigenerational living, or future rental income. Conveniently located near Kaiser Permanente Panorama City Medical Center, St. Genevieve High School, shopping, dining, and major transportation corridors, this property offers easy access to employment centers throughout the San Fernando Valley and greater Los Angeles area. Whether you’re looking to renovate and build instant sweat equity, develop additional units, or create a long-term investment property, opportunities like this are becoming increasingly difficult to find. With its large lot, flexible floor plan, newer roof and windows, and tremendous upside potential, this is a property you won’t want to miss.
Additional Information
- Appliances
- Dishwasher, Disposal, Gas Range, Gas Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Patio
- Concrete, Open, Patio
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
- Interior Features
- All Bedrooms Down, Bedroom on Main Level
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Chris Silva (Chris@TeamSilvaRealty.com) from Listing Office: Silva Realty.
Listing sold by Roza Malkhasyan from Coldwell Banker Hallmark
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.