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Northridge, CA 91324,8448 Calvin AVE
Northridge, CA 91324,8448 Calvin AVE
Northridge, CA 91324,8448 Calvin AVE
$1,300,000
Est. payment /mo
$950,000
36.8%
Est.Price: ?

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6 Beds
4 Baths
2,436 SqFt
SOLD DATE : 12/29/2023

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,436 sqft

Price per Sqft $533

MLS Listing ID 23337593

Bedrooms 6

Year Built 1947

Lot Size 9,483 Sqft

Property Description

Luxury Live Auction! Bidding to start from $950,000! Welcome to this stunning, newly updated multi-unit property, a unique investment opportunity in a prime location. This property features three separate units, each with its own private entrance and outdoor space, perfect for an end-user or an investor.The Main House is a charming 1,110 square foot, two-bedroom, one-bathroom unit that boasts beautiful wood floors, a renovated kitchen with updated features, and a massive backyard. The second unit, the ADU, is 825 square feet with two-bedrooms and two-bathrooms. This space features beautiful tile floors, a renovated kitchen, updated features, and a private backyard, providing a blend of indoor and outdoor living. The third unit, the Private Suite with a kitchenette, is a cozy 575 square foot, two-bedroom, one-bathroom unit. This property is located very close to CSU Northridge, making it an attractive rental option for students and faculty alike. The potential rental income for all three units is estimated up to $9100 per month by a local property management company, providing a fantastic return on investment. Other features include fully-owned solar panels, separate electric meters, and a gated double-driveway with automatic gates. Whether you're an end-user looking to offset your mortgage with rental income or an investor seeking a profitable addition to your portfolio, this property is a must-see. Don't miss out on this great opportunity!

Location

State CA

County Los Angeles

Area Nr - Northridge

Zoning LARA

Interior

Heating Central, Zoned

Flooring Tile, Wood

Exterior

Parking Features Gated, Private

Pool None

Community Features Gated

Roof Type Shingle

Building

Story 1

New Construction No

Others

Special Listing Condition Auction

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California Regional MLS (CRMLS)
Listed by Theodore Tillman • Harcourts Beverly Hills
Bought with Arvin Nazari • California State Realty
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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