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.