8450 Melvin Avenue,Northridge, CA 91324
Northridge, CA 91324
Description
STUNNING, COMPLETELY REMODELED NORTHRIDGE HOME ON AN EXPANSIVE 23,000+ SQ. FT. LOT WITH POOL AND EXCEPTIONAL DEVELOPMENT POTENTIAL! Nestled along a beautiful, tree-lined street, this extensively renovated 4-bedroom, 2.5-bathroom residence has been thoughtfully transformed to offer the look and feel of a brand-new home. Featuring a gorgeous new kitchen with new appliances, beautifully redesigned bathrooms, new flooring, new windows, and stylish contemporary finishes throughout, this move-in-ready home combines modern comfort with timeless appeal. The existing attached ADU provides additional versatility for extended living arrangements, guests, or potential rental income. Step outside to discover an expansive property highlighted by a large sparkling swimming pool, mature trees, and an abundance of outdoor space offering privacy, relaxation, and endless possibilities. Beyond its appeal as a beautifully updated residence, this extraordinary property offers significant future development potential. Architectural plans prepared in connection with an SB9 lot split depict two additional single-story residences of approximately 1,639 sq. ft. each on the rear parcel, plus a separate approximately 1,100 sq. ft. structure on the front parcel, proposed for use as an ADU. THE OPPORTUNITY IS NOW! The property is currently being offered at a price that reflects its present entitlement status. Upon issuance of Ready-to-Issue (RTI) permits and final confirmation and approval of the lot split, the seller anticipates a substantial increase in the asking price to reflect the additional value of those milestones. These approvals could be obtained during the marketing period, creating a compelling opportunity for buyers to secure the property at its current asking price before any potential repricing. Whether you're seeking a beautifully remodeled personal residence, a multigenerational living opportunity, or a property with significant investment potential, 8450 Melvin Avenue offers an exceptional combination of lifestyle, land, and opportunity. Architectural plans available upon request. Buyer to independently verify all subdivision status, proposed uses, approvals, permits, timelines, and development feasibility.
Details
| MLS # | 26103338 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 19 |
| Listing Provided By | Rodeo Realty | Adam 'Aumi' Katz |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,744 |
| Story(s) | 1 |
| Zoning | LARA |
| Acreage | 0.53 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Furnished | Unfurnished |
| Appliances | Dishwasher, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | Yes |
Parking
| Parking Features | Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Northridge |
| Zip Code | 91324 |
| Area | NR Northridge |
| Listing VS Median (in 91324) | |
Price: $1,849,000 low | high Med: $850,000 sqft: 1,744 low | high Med: 1,610 $ / sqft: $1,060 low | high Med: $528 On site: 19 low | high Med: 620 | |
Market Activity 91324
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Northridge |
| Zip Code | 91324 |
| Area | NR Northridge |
| Listing VS Median (in 91324) | |
Price: $1,849,000 low | high Med: $850,000 sqft: 1,744 low | high Med: 1,610 $ / sqft: $1,060 low | high Med: $528 On site: 19 low | high Med: 620 | |
