8450 Calvin Avenue

Northridge, CA 91324

$1,299,000
Price
6
Beds
4
Baths
2,436 Sq. Ft.
$533 / Sq. Ft.
2,436
Sq. Ft.
$533
per Sq. Ft.

Description

A Dream Come True. This Property keeps on Giving. 3 UNITS. Total 6 Bedrooms and 4 Baths. 2436 sqft of Structure and 9480 sqft of LOT Size. Multi-Unit Investment Opportunity. Main House is 2 Bedroom 1 Bath with a HUGE Backyard the size of a Park. Feel the Zen and Serenity and hear the Lovely birds chirping. Newly renovated with stainless steel appliances. Open Floor plan with Lots of Sunlight. Wood flooring, Central AC & Heating. Washer/Dryer/Refrigerator included. Tankless water heater. Paid off...A Dream Come True. This Property keeps on Giving. 3 UNITS. Total 6 Bedrooms and 4 Baths. 2436 sqft of Structure and 9480 sqft of LOT Size. Multi-Unit Investment Opportunity. Main House is 2 Bedroom 1 Bath with a HUGE Backyard the size of a Park. Feel the Zen and Serenity and hear the Lovely birds chirping. Newly renovated with stainless steel appliances. Open Floor plan with Lots of Sunlight. Wood flooring, Central AC & Heating. Washer/Dryer/Refrigerator included. Tankless water heater. Paid off Solar panels installed in 2016. Main House is currently Vacant but previously, it was being leased for $3475. The ADU is 2 Bedrooms, 2 Baths, 862 Sqft, Built in 2021. ADU address is 8448 Calvin. ADU has a Private entrance and a separate backyard. Washer and Dryer inside the Unit. Tankless water heater, Double Pane windows. Partial High Ceilings. ADU is currently leased for $2875. The 3rd separate Unit Known as the "Private Suite", was Built in 2016. This unit is 2 Bedrooms and 1 Bath and has its own Private Entrance and backyard. The Private Suite is currently leased for $2540. Perfect for owner user or Investor. Potential Rental income $9000/Month. Tenants pay for All Utilities. Sky is the limit with this property. Welcome to your Oasis. Prime Location near CSUN, Costco, Porto's Bakery, Northridge Mall, 24-Hour Fitness, Parks, Restaurants, In-N-Out and Much more. U-Shaped, Gated driveway with 2 automated Doors. Make this a Perfect place to call Home. You will LOVE this place.
  1. Listed by Arvin Nazari • DRE #01711917 • Brokerage DRE #01711917 • California State Realty • 818-636-3749

Property Details for 8450 Calvin Avenue

View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
1 Common Wall
LISTING UPDATED: 12/15/2024 09:28 AM

Property Details for 8450 Calvin Avenue

StatusActive
MLS #GD24245768
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.22 AC / 9,483 SF
CountyLos Angeles County

Virtual Tour

Building Information for 8450 Calvin Avenue

Stories1Residences-Year Built1947Building Size-Lot Size0.22 AC / 9,483 SF

Property Information for 8450 Calvin Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $106,680
  • Gross Scheduled Income: $106,680
  • Vacancy Allowance: 3200
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $103,480
  • Net Operating Income: $82,067
  • Gross Multiplier: 12.18
  • Cap Rate: 6.32
Expense Details
  • Operating Expense: $21,413
  • New Taxes Expense: $15,977
  • Gardener Expense: $1,200
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $504
  • Pool Expense: $0
  • Security Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,232
  • Maintenance Expense: $504
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $500
  • Other Expense Description: Repairs
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
  • Total Expenses: $21,413
Tax / Assessment Info
  • Tax Tract Number: 10435
  • Tax Census Tract: 1134.24
  • CFD/Mello-Roos Fee: $381
  • Tax Lot: 83
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Hiking, Park
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Refrigerator, Tankless Water Heater
  • Interior Features: Quartz Counters
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Automatic Gate
  • Roof: Shingle
  • Entry Location: Main
  • Fence: Yes
  • Fencing: Wood
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Garden, Landscaped
  • Land Lease: No
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 4
  • Parking Features: Auto Driveway Gate, Gated, RV Potential
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,875
  • Unit Type Total Rent: $2,875
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,540
  • Unit Type Total Rent: $2,540
  • Unit Type Pro Forma: 2540
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 8450 Calvin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8450 Calvin Avenue

Taxable ValueLand$520,000Additions$780,000Total$1,300,000
Tax Record2024$15,977 ($1,331 / month)
Home Facts
Beds5Total Finished SqFt2,436 SqFtAbove Grade Finished SqFt2,436 SqFtStories1Lot Size9,480 SqFtStyleSingle Family ResidenceYear Built1947ZoningLARACountyLOS ANGELESAPN2783-003-017

Schools near 8450 Calvin Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Napa Street Elementary School
PublicK to 5

John A. Sutter Middle School
Public6 to 8

Northridge Academy High
Public9 to 12

Valley Academy Of Arts And Sciences
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8450 Calvin Avenue is a multi-family home for sale in Northridge, CA 91324. This property was listed for sale on December 6, 2024 by California State Realty, it's currently listed at $1,299,000. It has been on the market for a total of 16 days and was last sold on December 29, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Napa Street Elementary School, John A. Sutter Middle School and Northridge Academy High. 8450 Calvin Avenue is a 6-bed, 4-bath, 2,436 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of California State Realty, Arvin Nazari, DRE #01711917

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.