Panorama City holds the distinction of being the San Fernando Valley's first planned community, developed in 1948 by Fritz B. Burns and Henry J. Kaiser following World War II. Located in the central San Fernando Valley area of Los Angeles, this neighborhood offers a mix of single-family homes and low-rise apartment buildings with average one-bedroom rental prices around $1,539 per month. The area features several shopping options, including the Panorama Mall, which serves as an important retail center for the community with stores catering to diverse shopping needs.

Renters in Panorama City appreciate the convenient access to multiple recreational facilities, including the Panorama Recreation Center and Sepulveda Recreation Center, both offering gymnasiums, baseball diamonds, basketball courts, and tennis courts. The LA Kings Valley Ice Center provides skating programs for all ages, while the Mid-Valley Senior Citizen Center offers activities for older adults. Healthcare needs are well-served by Kaiser Permanente's hospital complex and Mission Community Hospital, both located within the neighborhood.

The transportation network in Panorama City serves commuters well, with several Metro bus lines operating in the area, including the Metro Rapid line 761 on Van Nuys Boulevard. The upcoming East San Fernando Valley Light Rail Transit Project, scheduled to open in 2027, will further enhance public transportation with stations at Nordhoff Street and Roscoe Boulevard. Neighboring communities include Mission Hills to the north, Arleta to the northeast, Sun Valley to the east, Valley Glen to the southeast, Van Nuys to the south, and North Hills to the west, providing renters with easy access to additional amenities throughout the Valley.