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$929,999
10 Days Online

8857 Penfield Avenue
Northridge, CA 91324

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Jhon Cordova of House Of Seven Gables Real Estate Inc. ?

Questions? Call or text Jean and Ken Tritle/ Buyer's Agents at DreamWell Homes Realty # 760-798-9024. Thanks!

Call Now: 760-798-9024
Is this the home for you? We can help make it yours.
760-798-9024
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8857 Penfield Avenue8857 Penfield Avenue8857 Penfield Avenue8857 Penfield Avenue
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Monthly Payment (Est.)

$4,243
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Located at 8857 Penfield Avenue, Northridge, this property presents an enticing opportunity for rental income and versatility Nestled 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.

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Listing Snapshot
Price 
$929,999
Days Online 
10 Days
Bedrooms 
5
Inside Area (SqFt) 
1,788 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.1927 Acres
Year Built 
1956
MLS® Number 
SR24082273
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen online
General Features
Parking 
Converted GarageDrivewayElectric Vehicle Charging Stations
Parking Spaces 
0
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.1927
Water 
Public
Property Sub Type 
Duplex
Garage Spaces 
0
Foundation 
Slab
Zoning 
LARS
Listing Conditions 
Standard
Interior Features
Cooling 
Central Air
Heating 
Central
Appliances 
RefrigeratorTankless Water Heater
Fireplace Features 
Living Room
Laundry Features 
In Carport
Fireplace 
Yes
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Exterior Features
Roof 
Shingle
View 
Neighborhood
Pool 
true
Pool Features 
In GroundPrivate
Private Pool 
true
Lot 
Cul De Sac
Community Features
Association Dues 
0
Community Features 
Suburban
Senior Community 
No
MLS Area 
NR - Northridge
Schools
School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
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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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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Call or Text DreamWell Homes Realty at 760-798-9024 for more information. Thank you!