8450 Melvin Avenue, Northridge, CA 91324

$1,795,000
4
BD
3
BA
1,744
SqFt

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List Price
$1,795,000
Status
ACTIVE
MLS#
26661749
Year Built
1955
Bedrooms
4
Bathrooms
3
Living Sq. Ft
1,744
Lot Size
23,172
Acres
0.53
Days on Market
142
Property Type
Single Family Residential
Style
Ranch
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

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.

Additional Information

Appliances
Dishwasher, Refrigerator, Dryer, Washer
Pool Description
In Ground
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Trees/Woods
Attached Structure
Detached

Listing courtesy of Listing Agent: Adam 'Aumi' Katz (adamkatzhomes@gmail.com) from Listing Office: Rodeo Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.