8857 Penfield Avenue

Northridge, CA 91324

$929,999
Price
5
Beds
3
Baths
1,788 Sq. Ft.
$520 / Sq. Ft.
1,788
Sq. Ft.
$520
per Sq. Ft.

Description

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
...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.
  1. Listed by Jhon Cordova • DRE #01817265 • Brokerage DRE #00745605 • House Of Seven Gables Real Estate Inc.

Property Details for 8857 Penfield Avenue

View
Neighborhood
Parking Spaces Total
0
Private Pool
Yes
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1788

Open Houses

Saturday, May 11th

1:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of House Of Seven Gables Real Estate Inc., Jhon Cordova, DRE #01817265
Add your commute
LISTING UPDATED: 04/26/2024 11:15 PM

Property Details for 8857 Penfield Avenue

StatusActive
MLS #SR24082273
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1956
Lot Size0.19 AC / 8,395 SF
CountyLos Angeles County

Location

Listing Courtesy of House Of Seven Gables Real Estate Inc., Jhon Cordova, DRE #01817265
Add your commute

Building Information for 8857 Penfield Avenue

Stories1Year Built1956Building Size-Lot Size0.19 AC / 8,395 SF

Payment Calculator

$5,681 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,075

Property Taxes

$606

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8857 Penfield Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 20997
  • Tax Census Tract: 1134.24
  • CFD/Mello-Roos Fee: $388
  • Tax Lot: 29
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Refrigerator, Tankless Water Heater
  • Equipment: Refrigerator, Solar Panels
  • Room Type: Living Room
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: In Carport
  • Laundry Location: In Carport
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Foundation Details: Slab
  • Structure Type: Duplex
  • Miscellaneous: Suburban
  • Pool Features: Private, In Ground
  • Pool Description: In Ground, Private
  • Pool: Below Ground, Private
Green Info
  • Green Energy Generation: Solar
Land/Lot Info
  • Lot Features: Cul-De-Sac
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Converted Garage, Driveway - Combination, Electric Vehicle Charging Station(s)
  • Parking Non-Garage: Driveway - Combination
  • Parking Garage Spaces: 0
  • Parking Garage: Converted
  • Carport Spaces: 0
  • Parking Features: Converted Garage, Driveway - Combination, Electric Vehicle Charging Station(s)
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 8857 Penfield 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 8857 Penfield Avenue

Taxable ValueLand$338,349Additions$242,735Total$581,084
Tax Record2023$7,274 ($606 / month)
Home Facts
Beds4Total Finished SqFt1,788 SqFtAbove Grade Finished SqFt1,788 SqFtStories1Lot Size8,392 SqFtStyleSingle Family ResidenceYear Built1956ZoningLARSCountyLOS ANGELESAPN2782-033-010

Schools near 8857 Penfield Avenue

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

John A. Sutter Middle School
Public6 to 8

Alfred B. Nobel Charter Middle School
Charter6 to 8

Chatsworth 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.

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8857 Penfield Avenue is a single family home for sale in Northridge, CA 91324. This property was listed for sale on April 24, 2024 by House Of Seven Gables Real Estate Inc., it's currently listed at $929,999. It has been on the market for a total of 11 days and was last sold on July 15, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Winnetka Avenue Elementary School, John A. Sutter Middle School and Alfred B. Nobel Charter Middle School. 8857 Penfield Avenue is a 5-bed, 3-bath, 1,788 sqft single family home built in 1956.

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 House Of Seven Gables Real Estate Inc., Jhon Cordova, DRE #01817265

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.