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Listing photo 2
Listing photo 3

8450 Melvin Ave, Northridge, CA, 91324

4beds
3baths
1,744sqft
$1,795,000
$1,029price/sqft
$11,686/moest. monthly cost
$467,440/yrincome needed

About This Home

Incredible investor opportunity on a beautiful tree-lined street in Northridge. Situated on an expansive 23,000+ sq ft lot, this property has already completed the SB9 subdivision process. RTI plans will be delivered at the close of escrow for three newly constructed homes (approximately 1,200 sq ft each), along with plans to remodel the existing residence.The current home features 3 bedrooms and 2 bathrooms, plus an ADU, a large sparkling pool, and mature trees that enhance the property's charm and privacy.An exceptional opportunity for an investor or end-user to live on the property while developing the additional homes, creating strong future value and income potential.Plans available upon request.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

6/10
5/10
6/10
Northridge Academy HighGrades 9-122.5 mi

Construction

Condition

  • Year built: 1955

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Washer,Refrigerator
  • Laundry features: Laundry Area

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,744
  • Total interior livable area: 1,744 sqft

Property

Details

  • Parcel number: 2783010004
  • Zoning: LARA
  • Special condition: Standard

Features

  • Levels: One
  • Pool features: In Ground
  • Spa features: None
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.53 Acres
  • Lot size dimensions: 77 x 302

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes