




$1,795,000
Est. $10,052/mo8450 Melvin Avenue, Northridge, CA 91324
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.
infoProperty Facts
Bedrooms
4
Bathrooms
3
Square Feet
1,744
Lot Size
23,172 sqft
Year Built
1955
Property Type
Single Family Residence
Days on Market
0
HOA Fee
N/A
MLS #
26661749
chairInterior Details
General Interior
Flooring
Wood
Fireplace
Living Room
Kitchen & Appliances
Appliances
Dishwasher, Refrigerator, Dryer, Washer
Climate Control
Cooling
Central Air
Heating
Central
garageParking
Parking Features
Driveway
deckExterior & Lot
Lot & Grounds
Pool Features
In Ground
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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