$1,290,000
SOLD SEP 3, 2025

7740 Clearfield Ave Panorama City, CA 91402

4 Beds
3 Baths
2,200 Sq Ft
6,007 Sq Ft Lot

Recently Sold

$586 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Newly Remodeled
  • Main Floor Bedroom
  • Quartz Countertops
  • Updated Kitchen
  • Modern Architecture
  • No HOA

About This Home

As of September 2025

Welcome 7740-7742 Clearfield Ave, this modern exceptional residential property is offering 2 distinct living of newly rebuilt Main house and attached New JDU, each with their very own separate entrances. Perfect residential area of Panorama City, which is surrounding with great neighbors.The main house features a comfortable living area and a modern kitchen that is equipped with stainless steel appliances, quartz countertops, and ample cabinet space. the main house and JDU features hardwood flooring, LED recessed lighting, and separate central air conditioning and heating systems. The main House includes 3 bedrooms and 2 baths. The second unit features 1 bedroom/1 bath and laundry in closet. Let's to mention the welcoming modern look front yard, also the back yard with patio and grassy area are ready for your family's enjoyment. Don’t miss this excellent opportunity to own such a unique property that provides endless possibilities for comfortable modern living, potential rental income and more. Run before it will be gone!

Last Agent to Sell the Property

Arka Aklyan

Jack Arkai Inc. Brokerage Phone: 818-632-8800 License #01382935 Listed on: 08/01/2025

Last Buyer's Agent

Nairy Stepanyan

Coldwell Banker Hallmark Realty License #02027506

Coldwell Banker Hallmark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,837

Year Built

  • Built in 1951 | Newly Remodeled

Lot Details

  • 6,007 Sq Ft Lot
  • Landscaped
  • Backyard Sprinklers
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Tile Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 184
  • Tax Tract Number 1668
  • Assessor Parcel Number 2214018023
  • $302 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,837

Year Built

Built in 1951 | Newly Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2214018023
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2200.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, In Family Room, Dining Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 586.36
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Sprinklers In Rear
  • Lot Size Sq Ft: 6007.00
  • Lot Size Acres: 0.1379

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6007.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1203.00
  • Tax Lot: 184
  • Tax Tract Number: 1668
  • TaxOtherAnnualAssessmentAmount: 302.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2025
Closed on
Aug 25, 2025
Sold by
Margaryan Astghik
Bought by
Juharyan Ashot
Seller's Agent
Arka Aklyan
Jack Arkai Inc.
Buyer's Agent
Nairy Stepanyan
Coldwell Banker Hallmark Realty
List Price
$1,245,000
Sold Price
$1,290,000
Premium/Discount to List
$45,000
3.61%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$1,181,317
Outstanding Balance
$1,181,317
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
-$324,510

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 19, 2024
Sold by
Ushakyan Petros
Bought by
Margaryan Astghik
Seller's Agent
Ryan Wharton
The ONE Luxury Properties
List Price
$650,000
Sold Price
$715,000
Premium/Discount to List
$65,000
10%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.64%
Original Mortgage
$536,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 8, 2024
Sold by
Clayton Smith Revocable Trust and Griffiths Kimberly
Bought by
Margaryan Astghik
Seller's Agent
Ryan Wharton
The ONE Luxury Properties
List Price
$650,000
Sold Price
$715,000
Premium/Discount to List
$65,000
10%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2020
Sold by
Smith Clayton L
Bought by
Clayton Smith Revocable Trust and Smith

Purchase Details

Closed on
Dec 2, 1998
Sold by
Smith Patricia R
Bought by
Smith Clayton L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,290,000 Lawyers Title Company
Grant Deed -- Lawyers Title Company
Grant Deed $715,000 Lawyers Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,181,317 FHA
Previous Owner $536,000 New Conventional
Previous Owner $122,000 Unknown
Previous Owner $130,000 New Conventional
Previous Owner $129,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Sold $1,290,000 +3.6% $586 / Sq Ft
08/06/2025 08/06/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $1,245,000 +74.1% $566 / Sq Ft
12/03/2024 12/03/24 Sold $715,000 +10.0% $538 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $650,000 -- $489 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,837 $715,000 $584,600 $130,400
2024 $3,837 $301,692 $167,772 $133,920
2023 $3,765 $295,778 $164,483 $131,295
2022 $3,594 $289,979 $161,258 $128,721
2021 $3,547 $284,295 $158,097 $126,198
2019 $3,443 $275,863 $153,408 $122,455
2018 $3,359 $270,454 $150,400 $120,054
2016 $3,203 $259,953 $144,560 $115,393
2015 $3,157 $256,049 $142,389 $113,660
2014 $3,173 $251,034 $139,600 $111,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25170941

California Regional Multiple Listing Service (CRMLS)

APN: 2214-018-023