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About This Home
This 4-bedroom, 3-bathroom single family at 8450 Melvin Ave in Northridge, CA is listed for $1,795,000 ($1,029 per sqft). Built in 1955, the home offers 1,744 sqft of living space on a 0.53 acres lot.
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 r
esidence.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.
Key Features
- Built in 1955
- 0.53 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$9,600/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8450 Melvin Ave
Northridge, CA 91324
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom single family at 8450 Melvin Ave is listed at $1,795,000 ($1,029/sqft). The estimated monthly payment is $7,778 based on 20% down at 6.5% interest.
Key features include: Built in 1955, 0.53 acre lot, Fireplace.
This property is listed by Adam 'Aumi' Katz and can be reached at 3106253443 or adamkatzhomes@gmail.com.
