Welcome to a truly special opportunity to own a legal gated two-residence property on one lot, featuring two fully remodeled, detached homes located side by side, (14722 & 14724 Strathern), each with its own private entrance and plenty of parking. This thoughtfully laid-out property offers comfort, privacy, and flexibility for a variety of living and investment needs. The main home features 3 bedrooms and 2 bathrooms (approx. 1,346 sq ft), while the second residence offers 2 bedrooms and 1 bathroom (approx. 1,000 sq ft). Both interiors have been updated, including new flooring, beautifully remodeled kitchens, updated bathrooms, recessed lights and new A/C and heating systems, making both homes truly move-in ready. Ideal for multi-generational living, extended family, or owner-occupants looking to offset their mortgage with rental income, this property provides two independent living spaces without shared walls. Investors will appreciate the turnkey condition and strong rental potential, while families will love the space, privacy, and flexibility to live close, yet separately. Front picnic/play area, storage shed and plenty of parking. In process of separating the water meter. Conveniently located near schools, shopping, dining, and freeway access, this is a rare opportunity to own two remodeled, detached homes on one lot in Panorama City, offering lifestyle flexibility today and long-term value for the future.