ParkingConverted Garage, Driveway, Electric Vehicle Charging Station(s)
Year Built1956
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood
Private PoolYes
MLS #SR24082273
Lot Size0.19 Acres
StatusActive
About 8857 Penfield Ave
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.
Property Details
Property Features
Property Information:
Year Built: 1956
Stories: 1
Living Area: 1,788 SqFt
Listing Office:
Office Name: House Of Seven Gables Real Estate Inc.
Office Phone: (714) 731-3777
Listing Agent: Jhon Cordova
Interior Features
Interior Information:
Appliances: Refrigerator, Tankless Water Heater
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: Yes
View: Neighborhood
Parking Information:
Parking: Converted Garage, Driveway, Electric Vehicle Charging Station(s)
Lot Features
Lot Information:
Lot: Cul-De-Sac
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Grover Cleveland Charter High School, Public Charter Grades 9-12
Chatsworth Charter High School, Public Charter Grades 9-12
Northridge Academy High School, Public District Grades 9-12
Alfred B. Nobel Charter Middle School, Public Charter Grades 6-8
John A. Sutter Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Winnetka Avenue Elementary School, Public District Grades KG-5
Academy For Enriched Sciences, Public Magnet Grades 1-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Other
Directions Information:
Directions: Please use google map
Price Information
Listing Price Info
Price Summary:
List Price: $929,999
Price Per SqFt: $520/SqFt
Tax Information:
Annual Amount: $6,850
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $56.4K less than the Median Sold Price and $112/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24082273
Listing Office:
Office Name: House Of Seven Gables Real Estate Inc.
Office Phone: (714) 731-3777
Listing Agent: Jhon Cordova
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/6/2024, 10:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 26, 2014
Aug 26, 2014Home Sold
$475,000
Feb 08, 2013
Feb 08, 2013Home Sold
$387,500
Sep 07, 2012
Sep 07, 2012Home Sold
$260,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,850
$558,521
2020
$6,256
$552,795
2019
$6,102
$511,757
2018
$5,966
$501,724
2017
$5,966
$491,887
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Winnetka Avenue Elementary School
8240 Winnetka Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school5.57 miles
Public Magnet Grades 1-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school16.35 miles
Public Magnet Grades KG-6
Middle School
8
/10
Alfred B. Nobel Charter Middle School
9950 Tampa Ave
Distance between this listing and this school1.69 miles
Public Charter Grades 6-8
3
/10
John A. Sutter Middle School
7330 Winnetka Ave
Distance between this listing and this school2.03 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school20.95 miles
Public District Grades 6-8
High School
6
/10
Grover Cleveland Charter High School
8140 Vanalden Ave
Distance between this listing and this school1.57 miles
Public Charter Grades 9-12
5
/10
Chatsworth Charter High School
10027 Lurline Ave
Distance between this listing and this school1.79 miles
Public Charter Grades 9-12
5
/10
Northridge Academy High School
9601 Zelzah Ave
Distance between this listing and this school2.73 miles
Public District Grades 9-12
Assigned Schools
4
/10
Winnetka Avenue Elementary School
8240 Winnetka Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school5.57 miles
Public Magnet Grades 1-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school16.35 miles
Public Magnet Grades KG-6
Assigned Schools
8
/10
Alfred B. Nobel Charter Middle School
9950 Tampa Ave
Distance between this listing and this school1.69 miles
Public Charter Grades 6-8
3
/10
John A. Sutter Middle School
7330 Winnetka Ave
Distance between this listing and this school2.03 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school20.95 miles
Public District Grades 6-8
Assigned Schools
6
/10
Grover Cleveland Charter High School
8140 Vanalden Ave
Distance between this listing and this school1.57 miles
Public Charter Grades 9-12
5
/10
Chatsworth Charter High School
10027 Lurline Ave
Distance between this listing and this school1.79 miles
Public Charter Grades 9-12
5
/10
Northridge Academy High School
9601 Zelzah Ave
Distance between this listing and this school2.73 miles
The neighbors living near this home have an average income of $73,673. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
This home is located at 8857 Penfield Ave in Northridge, CA and zip code 91324 in the Winnetka neighborhood. This 1,788 square foot home, which was built in 1956, sits on a 0.19 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $929,999.
In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.
From Rocket Homes Real Estate and based on county public records data.