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Homebuying in Panorama City, Los Angeles, CA

Enjoy a blend of urban and suburban living in the heart of the San Fernando Valley.

MB

Mariah Shanice Basa

Author

SF

Stefan FagerholmLocal Expert

Reviewer

8/15/2022 · 5 min read

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With a refreshingly young and diverse population, Panorama City is a vibrant community that is surprisingly suburban in some parts. The neighborhood has five parks for locals to enjoy and is a 20-minute drive away from Universal Studios Hollywood and the Hollywood Walk of Fame. Serviced by multiple bus and train lines, Panorama City residents are never too far from the best of the glitz and glamor of downtown Los Angeles.

Latest homes for sale in Panorama City, CA

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    $650,000

    • 3 br
    • 2 ba
    • 1248 sqft
    8154 Natick Ave, Panorama City, CA 91402
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    $725,000

    • 2 br
    • 1.5 ba
    • 1484 sqft
    13600 Montague St, Arleta, CA 91331
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Look & feel 

The housing market

$718k

0%

Median Home Price

$505

0%

Median Price per Sq. Ft

22

-10%

Average Monthly Home Sales

Commercial developments incoming

In 2022, Culver City developer Primestor Development filed plans to redevelop North Van Nuys. According to an article in The Real Deal, Primestor plans to add “130,000 square feet of shops and restaurants to the property, plus a large movie theater and a 120-room hotel.” In 2020, Panorama City also saw the completion of the 13-story Panorama Tower. 

Who lives in Panorama City?

71,119

Population

32.1

Median Age

55,636

Family Median Income

Young, diverse population

According to data from Census Reporter, the median age of Panorama City residents is 34.2, with a median household income of $55,232. About 48% of Panorama City residents are foreign-born, with 70% of Latin American descent and 26% of Asian descent.

Walking & biking

🚴

Bike score 61; walk score 69

Somewhat walkable, but bike paths are lacking

A walk score of 69 means Panorama City is somewhat walkable, with some errands doable on foot. However, there are not a lot of bike paths in Panorama City, as you can see in the LA County Bikeways Map.

Public transportation

Services offered in Panorama City

🔋

EV Charging: EV Charging

🚍

Bus: Metro & DASH

🚊

Train: MetroLink

Buses and trains available  

The 152, 167, 169, 233, and 761 LA Metro bus lines all pass through Panorama City; there’s also a DASH bus that ferries commuters to various areas in the neighborhood. There’s a Metrolink Ventura County Line station in Van Nuys.

Animals & pets 

Pet-friendly neighborhood

There are a lot of animal hospitals and groomers within arms' reach of Panorama City pet owners. Take your dogs for a (leashed) walk in Tobias Avenue Park, Panorama Recreation Center, Branford Recreation Center, or Marson Street Pocket Park.. Off-leash play areas are a 20-minute drive away in Sepulveda Basin Off-Leash Dog Park and Whitnall Highway Off-Leash Dog Park.

3 things to know before buying a home in Panorama City, according to locals

1. A plethora of parks

Tobias Avenue Park, Panorama Recreation Center, Branford Recreation Center, and Marson Street Pocket Park provide much-needed community outdoor spaces for Panorama City residents. 

2. Highly-underrated neighborhood

According to a Panorama City local, “Unlike Sherman Oaks, Burbank, NoHo, and Lake Balboa, there is almost no airplane noise overhead. Neighbors wave hi to us on our daily walks with our dog. It's a wonderfully diverse community with many Pride flags, street carnivals, amazing Thai, Mexican, Indian food. One of our neighbors told us how much he loved our Hanukkah decorations last December. We can walk to the cute outdoor mall with THE best tacos in the Valley (Poncho's Taqueria). It's a nine minute drive to NoHo Arts' District bars.”

3. It could use a bit more nightlife

Panorama City offers the perfect blend of urban and suburban living, but if you’re looking for a buzzing nightlife, you might need to drive a bit farther. A Panorama City local shared on Reddit, “Definitely more suburban up north and more urban down south. It’s hot as hell but we also have cooler nights. There’s a good mix of diversity though I wish there were more late night places for things to do. Not enough bars or pubs.”

The top 4 things to do in Panorama City

1. Visit Universal Studios Hollywood

The iconic Universal Studios Hollywood is 9.9 miles away from Panorama City (a 20-minute drive on a good day). Movie connoisseur or no, there’s something magical about exploring the “Entertainment Capital of LA.” Visit the Wizarding World of Harry Potter, bring the kids to the Despicable Me Minion Mayhem ride, or take The World-Famous Studio Tour for a peek at a real-life Hollywood Studio. The Universal CityWalk is an excellent alternative for those who’d prefer to party, eat, and shop.

2. Walk through the Wild West at Autry Museum

30 minutes away from Panorama City is the Autry Museum of the American West, a gallery dedicated to showcasing the history and narratives that make up the American West. Guests will enjoy art, cultural materials, artifacts, and library holdings. 

3. Snap a selfie with your favorite celebrity at Madame Tussauds Hollywood

Stars are pretty easy to spot so close to Hollywood. Still, Madame Tussaud’s Wax Museum in Hollywood is the only place you’re guaranteed a selfie. Put your best outfit on and take Instagrammable photos with wax figures of Hollywood greats including Clint Eastwood, Tom Hanks, Hugh Jackman, Marilyn Monroe, and pop icons such as Lady Gaga, Taylor Swift, and Ariana Grande.

4. Take a nature break at Lake Balboa

15 minutes down the road from Panorama City, Lake Balboa is a “super popular, super family-friendly” park, according to our local expert. With barbecue pits, walking trails, jogging paths, and more, Lake Balboa offers plenty to do on a family’s day out.

Continue exploring the LA area

MB

Mariah Shanice BasaAuthor

Mariah Shanice Basa is a multidisciplinary researcher and writer with a special interest in real estate. She loves traveling and makes it a point to survey the housing market trends in every city she visits.

SF

Stefan Fagerholm is the owner of LifeHacksLA, a brand that includes a large Instagram following, a weekly blog and podcast and a private meetup club all dedicated to sharing the best experiences in LA. Stefan and his family are currently enjoying the South Bay Bubble and living in the Rancho Palos Verdes area.