8022 Louise Avenue

Northridge, CA 91325

$1,125,000
Last Sold Price
6
Beds
4
Baths
2,430 Sq. Ft.
$463 / Sq. Ft.
2,430
Sq. Ft.
$463
per Sq. Ft.

Description

GREAT opportunity for an investor or owner-user to buy two single-story homes on one lot. Located at 8020 and 8022 Louise Avenue in the desirable Northridge neighborhood, the front house(8022), is 3BD, 2BA, and 1,235 square feet and enters from Louise Avenue. The newly constructed ADU(8020), enters through a gated entrance from the alley off El Acero Street in the back and is 3BD, 2BA, and 1194 square feet. The front house features a new refrigerator and dishwasher and is offered occupied by a reliable...GREAT opportunity for an investor or owner-user to buy two single-story homes on one lot. Located at 8020 and 8022 Louise Avenue in the desirable Northridge neighborhood, the front house(8022), is 3BD, 2BA, and 1,235 square feet and enters from Louise Avenue. The newly constructed ADU(8020), enters through a gated entrance from the alley off El Acero Street in the back and is 3BD, 2BA, and 1194 square feet. The front house features a new refrigerator and dishwasher and is offered occupied by a reliable tenant. The ADU was just completed and features 10 foot ceilings, an abundance of natural light, a large open kitchen with peninsula, plenty of cabinets, all new appliances, a built-in pantry and quartz countertops. There are light hardwood or tile floors throughout and large sliding doors that open off both the family room and primary suite onto a gated courtyard with room to park two cars inside the gate. This listing is an absolute must-see!

Listing Agent

  1. Bryn Schneider

    Bryn Schneider

    Listing Agent

    Compass

    DRE #02103569

Property Details for 8022 Louise Avenue

Water Front
None
Zoning
LAR1
Style
Traditional
Accessibility Features
None
Parcel Number
2204009014
Total Units
2.0
Living Area
2430
Source Living Area
Builder

Location

Listing Courtesy of Compass, Bryn Schneider, DRE #02103569

Sold By RE/MAX One, Randy Kistler, DRE #00605089

Add your commute
LISTING UPDATED: 08/17/2023 10:04 AM

Property Details for 8022 Louise Avenue

StatusSold
MLS #23-251635
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.14 AC / 6,003 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Bryn Schneider, DRE #02103569

Sold By RE/MAX One, Randy Kistler, DRE #00605089

Add your commute

Virtual Tour

Building Information for 8022 Louise Avenue

Stories1Residences-Year Built1952Building Size-Lot Size0.14 AC / 6,003 SF

Payment Calculator

$6,885 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$745

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8022 Louise Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: detached
  • View: Yes
  • View Description: Any
  • Security Features: Gated
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Water: District
  • Water Heaters: Yes
  • ADA Compliance: No
  • Water Heater Features: Gas
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan, Conventional
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $80,640
  • Net Operating Income: $70,840.00
  • Gross Income: $84,000
  • Gross Rent Multiplier: $13.00
  • Lease Per Month Year: See Remarks
  • Total Annual Expense: 13160
  • Tax Expense: $8,600
  • Insurance Expense: $1,200
  • Management Expense: $3,360.00
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Lot Acreage: 0.1378
  • Lot Size Square Feet: 6003
  • Lot Size Dimensions: 50x120
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Features: Utilities - Overhead, Front Yard
  • Lot Description: Utilities - Overhead, Fenced, Alley Paved, Front Yard, Fenced Yard
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 2
  • Open Other Spaces Total: 2
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Room Type: Family Room, Guest/Maid's Quarters
  • Rooms: Breakfast Area, Family Room, Guest House
  • Levels: Ground Level
  • Den: No
  • Family Room: 1
  • Dining Room: 0
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood, Tile
  • Equipment: Garbage Disposal, Dishwasher, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Quartz Counters, Granite Counters
  • Bathroom Features: Shower Over Tub
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Asphalt, Flat
  • Sprinklers: None
  • Patio Features: Covered Porch
  • Entry Location: Main Level
  • Windows: Double Pane Windows
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Slab, Raised
  • Other Structural Features: Two On A Lot
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 06-15-2023
  • Rent Control: No
  • Tenant Pays: Electricity, Gas, Cable TV, Water, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,700.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 8022 Louise 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 8022 Louise Avenue

Taxable ValueLand$515,004Additions$208,080Total$723,084
Tax Record2023$8,937 ($745 / month)
Home Facts
Beds2Total Finished SqFt1,235 SqFtAbove Grade Finished SqFt1,235 SqFtStories1Lot Size6,003 SqFtStyleSingle Family ResidenceYear Built1952ZoningLAR1CountyLOS ANGELESAPN2204-009-014

Schools near 8022 Louise 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
Charter - 9 to 12
Rating
School
Distance
Stagg Street Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Northridge Academy High
Public9 to 12

Grover Cleveland Charter High School
Charter9 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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Bryn Schneider, DRE #02103569

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.