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Panorama City

Panorama City

$695,782 Average Value
$500 Average Price per Sq Ft
62 Homes For Sale

LA’s first masterplan community

Developers built Panorama City at the end of World War II, when soldiers returned, started families and bought homes. It was Los Angeles’s first master plan community and perhaps one of the country’s best examples of tract housing, serving as a model for future neighborhoods. Real estate broker and owner of Valdez Realty, Richard Valdez, who has over 14 years of experience selling in the San Fernando Valley, says, “Affordability and accessibility bring people to Panorama City.”

A view of the Panorama City, CA neighborhood's NE corner.
A view of the Panorama City, CA neighborhood's NE corner.
Panorama City
Panorama City
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Hanging out at Plaza del Verde

Commercial conveniences are clustered up and down Van Nuys Boulevard. At Plaza del Valle, families wander through the outdoor pedestrian plaza with over 100 shops and restaurants in open-air stalls. The brightly colored shopping center, with murals and vibrant sculptures, has been a community staple since 1960. To Panorama City residents, it’s more than a shopping center – it’s a place where neighbors gather, eat meals together at outdoor tables and catch up. At close by Panorama Mall, residents get their retail therapy fix, shopping stores like Fashion Nova and Finish Line. Afterward, they can grab groceries from Walmart or, to avoid the mall, head to Adli or Food4Less. Nearby Vallarta Supermarket on Woodman Avenue sells Latin groceries and specialty foods. Due to the neighborhood’s urban density, locals are close to a plethora of shopping and dining options. Local favorites include Bamboo Bistro on Van Nuys Boulevard, which serves Filipino cuisine and hosts comedy and karaoke nights, and Ponchos Taqueria, located within Plaza del Valle.

Ponchos Taqueria
Ponchos Taqueria
Plaza del Valle in Panorama City is a great walkable shopping district in Panorama City, CA.
Plaza del Valle in Panorama City is a great walkable shopping district in Panorama City, CA.
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Post-war housing

Most homes in Panorama City sit on wide, walkable roads with cars parked in front of them. Mature trees dot uniform lots. For $300,000 to $500,000, buyers can find a two- or three-bedroom condo or townhome. Many of these properties are built in the Pueblo style, constructed with adobe or a lookalike material. Others feature verandas and charming bedroom balconies. Single-story Spanish Revival homes dominate Panorama City, many featuring stucco siding, tile roofs and backyard pools. Homebuyers can find a property needing upgrades for around $600,000, while turnkey homes run in the $700,000 to $900,000 range. Two-story houses typically span the low millions, and those looking to invest can find a multi-family residence for $1 to $3 million. “Panorama City is a little more affordable than neighboring Van Nuys, where the houses usually sell in the $800,000 range,” Valdez says.

Panorama City
Panorama City
A vibrant home with a garden in Panorama City, CA.
A vibrant home with a garden in Panorama City, CA.
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20 miles from Downtown Los Angeles

“People like that they can hope on the 170, the 5 and the 405 freeways and get around easily,” Valdez says. “There’s also public transportation along Van Nuys Boulevard.” Using U.S. Interstate 5, locals can reach Downtown Los Angeles in about 20 miles. Multiple LADOT bus routes go through the area, and the Van Nuys Metrolink stop is also nearby. When it’s time to fly, residents can access two airports: the Van Nuys Airport, about 4 miles southwest, and the Hollywood Burbank Airport, about 8 miles southeast. And in case of emergency, Kaiser Permanente Panorama City Medical Center and the Sepulveda VA Medical Center are less than 5 miles away from most homes.

Panorama City neighborhood is a middle-class neighborhood in the heart of CA.
Panorama City neighborhood is a middle-class neighborhood in the heart of CA.
Panorama City, Metrolink
Panorama City, Metrolink
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Panorama Park and Tobias Avenue Park

Families head to the playground at Panorama Park while health enthusiasts exercise on the outdoor fitness equipment. In the summer, a splash pad cools kids off, and various sports courts offer spots for friendly competition. It’s the location of the Panorama City Recreation Center, which hosts numerous community engagement opportunities throughout the year, from art classes to sports leagues. The Sepulveda Recreation Center is also nearby and includes similar amenities; however, instead of a splash pad, there’s a public swimming pool. Tobias Avenue Park is smaller, with basketball courts, a playground, walking trails and picnic tables.

Play with your friends at Panorama Recreation Center Tennis Court.
Play with your friends at Panorama Recreation Center Tennis Court.
Tobias Avenue Park
Tobias Avenue Park
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Magnet programs at Panorama High School

Students are zoned for the Los Angeles Unified School District. They can attend Burton Street Elementary School and Vista Middle School, which both receive C-plus grades from Niche. They can finish their public education at Panorama High School, which receives a B-minus from Niche. Panorama offers three Magnet programs, including a Social Justice and Leadership (SJL) Magnet.

Panorama High School
Panorama High School
Panorama High School
Panorama High School
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Christopher Montagne-Waggoner
Photography Contributed By
Christopher Montagne-Waggoner
Lucas Dyke
Video By
Lucas Dyke

Interested in learning more about homes in this area? Reach out to Ken Sisson, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
8,252
Number of Homes for Sale
62
Median Year Built
1953
Months of Supply
4.50
Average Single Family Home Size Sq Ft
1,400
Significantly below the national average
1,932
Average Townhouse Size Sq Ft
1,836
Average 2 Bedroom Size Sq Ft
1,099
Average 1 Bedroom Size Sq Ft
732
Median Lot Size Sq Ft
6,098

Open Houses

  • Saturday, Jun 6
    Open Sat 1PM - 4PM

    9034 Willis Ave Unit 14, Panorama City, CA 91402

    $499,900

    • 2 Beds
    • 3 Baths
    • 1,224 Sq Ft
    • 9034 Willis Ave
    • Unit 14
    • New 7 days ago

    Beautifully upgraded split-level townhome featuring soaring ceilings, abundant natural light, and an airy open-concept layout perfect for both everyday living and entertaining. Enjoy casual mornings in the bright breakfast nook with ample dining space and a separate pantry for added storage. The formal dining area comfortably accommodates larger gatherings and holiday dinners.The expansive living

    Nam Jun Kim New Star Realty

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  • Saturday, Jun 6
    Open Sat 1PM - 3PM

    8134 Burnet Ave, Panorama City, CA 91402

    $779,000

    • 3 Beds
    • 2 Baths
    • 1,330 Sq Ft
    • 8134 Burnet Ave
    • New 12 days ago

    Beautifully remodeled 3-bedroom, 2-bath home located in a highly desirable area of Panorama City. This move-in ready property features a stunning upgraded kitchen with new cabinetry and elegant quartz countertops, along with modern laminate flooring, LED recessed lighting, dual-pane windows, and central A/C for year-round comfort. Additional improvements include copper plumbing, an upgraded

    Richard Valdez Valdez Realty

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  • Sunday, Jun 7
    Open Sun 2PM - 5PM

    15602 W Lilli Way, Van Nuys, CA 91406

    $1,149,500

    • 4 Beds
    • 3 Baths
    • 2,310 Sq Ft
    • 15602 W Lilli Way
    • New 26 days ago

    Welcome to your modern sanctuary at 15602 W Lilli Way, a stunning Spanish Colonial-inspired residence nestled within the exclusive and private gated community of Firmament Village. Located in the highly desirable Chisholm Estates pocket of Van Nuys, this 2017-built "green home" offers an expansive 2,310 square feet of thoughtfully designed, energy-efficient living space. As you step inside, you

    Alex Edmunds Mandeville Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Panorama City Has More Renters

Rental Home Trends

Number of Homes for Rent
37
Median Rent
$2,790
Median Single Family Home Rent
$3,600
Median 4 Bedroom Single Family Home Rent
$4,500
Median Townhouse Rent
$2,898
Median 3 Bedroom Townhouse Rent
$3,495
Median Condo Rent
$2,097
Median 2 Bedroom Condo Rent
$2,400

Demographics

Total Population
72,365
Median Age
37
Population under 18
25.5%
On par with the national average
23.8%
Population over 65
13.9%
Below the national average
19.1%

Finances

Median Household Income
$56,309
Significantly below the national average
$79,597
Average Household Income
$77,596

Education and Workforce

High School Graduates
65.8%
Below the national average
89%
College Graduates
16.7%
Below the national average
34.1%
Advanced Degrees
2.7%
% Population in Labor Force
67.5%

Weather

Annual Precipitation
13''
Average Winter Low Temperature
45°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Fairly friendly

Bikeability®

40 / 100

Moderately friendly

Walkability®

60 / 100

Fairly friendly

Transit®

40 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Panorama City