Address: |
view address Northridge, CA 91324 Map Location |
Features: | Air Conditioning, Pool |
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Bedrooms: | 5 | Bathrooms: | 3 (full: 3) |
Square Feet: | 1,788 sq.ft. | Lot Size: | 0.19 acres |
Year Built: | 1956 | Property Type: | Duplex |
County: | Los Angeles | List Date: | 2024-04-25 |
Listing Number: | SR24082273 | Listed By: | House Of Seven Gables Real Estate Inc. |
Days on market: | 11 |
Located at 8857 Penfield Avenue, Northridge, this property presents an enticing opportunity for rental income and versatilityNestled in the vibrant neighborhood of Northridge, this property offers an exciting investment opportunity for those looking to tap into the thriving rental market. This property, rented out by individual rooms, presents a unique and lucrative income stream for savvy investors. a charming residence designed for both comfort and potential rental income. Positioned at the end of a peaceful cul-de-sac, this property promises a serene living environment with the added advantage of a highly sought-after location.This delightful home showcases four spacious bedrooms and two bathrooms and an unpermitted 3rd bathroom across a generous 1,392 sqft of living space in the main house. The interior is graced with an open floor plan that seamlessly unites the living, dining, and kitchen areas, creating an inviting space for gatherings and everyday living. Large windows throughout ensure the space is bathed in natural light, enhancing the sense of warmth and openness.With its rooms already rented out and a promising upside rental potential, this property presents a compelling investment prospect. Whether you're an experienced investor or a newcomer to the real estate market, this property offers the chance to capitalize on Northridge's burgeoning rental demand and secure a steady stream of income for years to come. An additional highlight of this property is the converted garage into an Accessory Dwelling Unit (ADU), close to 400 sqft of living space, further enhancing its rental potential. The ADU offers an independent living space with its own amenities with its own bedroom and bathroom adding value and versatility to the property. This feature not only increases rental income but also expands the pool of potential tenants, appealing to individuals seeking a separate living arrangement or additional space.Outdoor lovers will be thrilled with the private backyard, featuring a swimming pool perfect for California's sunny days and leisurely weekend relaxation. The property also benefits from ample parking space, catering to both residents and guests alike.This property also features Paid-off Solar Panels (about $50,000 value)Situated in the vibrant neighborhood of Northridge, residents will enjoy proximity to a variety of amenities, schools, and recreational areas, making it an ideal location for families.
Air Conditioning: | Yes | Central Air: | Yes |
Central Heat: | Yes | Fireplace In Living Room: | Yes |
Refrigerator: | Yes |
Inground Pool: | Yes | Living Square Feet: | 1,788.00 |
Pool: | Yes | Shingle Roof: | Yes |
Slab Foundation: | Yes |
Cul-De-Sac Location: | Yes | Lot Acres: | 0.19 |
Lot Number: | 29.00 | Lot Sqft: | 8,395.00 |
Public Sewer: | Yes | Public Water: | Yes |
Transaction Type: | Sale | Year Built: | 1956 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.