Opportunity knocks in prime Northridge! Tucked away on a large flag lot, this unique property features three separate structures on one expansive parcel offering endless potential for development, income generation, or a custom rebuild. The main home is in original condition and is currently in a inhabitable condtion, presenting a blank canvas for investors or savvy buyers ready to bring their vision to life. A private, long driveway provides privacy and seclusion from the street, making this an ideal layout for a multi-unit compound or reimagined estate. This is a rare opportunity in a sought-after location. Don't miss your chance to transform this hidden gem into something truly special.
Sold for $975,000 on 08/29/25
Listing Provided by:
Ben Salem DRE #01367073 ben@bensalemproperties.com,
Compass
Bought with: Terra Trade, Inc
$975,000
8449 Melvin Ave, Northridge, CA 91324
2beds
2,324sqft
Single Family Residence
Built in 1940
0.81 Acres Lot
$951,800 Zestimate®
$420/sqft
$5,426 Estimated rent
Home value
$951,800
$904,000 - $999,000
$5,426/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 06:12pm
Listing Provided by:
Ben Salem DRE #01367073 ben@bensalemproperties.com,
Compass
Bought with:
Ovsanna Cherchikyan, DRE #01722941
Terra Trade, Inc
Source: CRMLS,MLS#: SR25144272
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Heating
- Central
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,324 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.81 Acres
- Features: 0-1 Unit/Acre, Flag Lot
Details
- Parcel number: 2783011010
- Zoning: LARA
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Suburban
Location
- Region: Northridge
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $975,000+8.1%$420/sqft |
Source:  CRMLS #SR25144272 | ||
| 3/20/2024 | Sold | $901,907$388/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,885 +798.2% | $1,303,560 +1028.2% |
| 2024 | $1,768 +1.6% | $115,547 +2% |
| 2023 | $1,741 +4.3% | $113,283 +2% |
Find assessor info on the county website
Neighborhood: Northridge
Nearby schools
GreatSchools rating
- 6/10Napa Street Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10John A. Sutter Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Northridge Academy HighGrades: 9-12Distance: 2.6 mi
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Estimated market value
$951,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$951,800