8218 ENCINO AVE, Northridge, CA 91325
8218 ENCINO AVE, Northridge, CA 91325
8218 ENCINO AVE, Northridge, CA 91325
8218 ENCINO AVE, Northridge, CA 91325
8218 ENCINO AVE, Northridge, CA 91325
8218 ENCINO AVE, Northridge, CA 91325
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$ 1,549,000
Est. payment | /mo

7 Beds

6 Baths

3,221 SqFt


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$ 1,549,000
Est. payment | /mo
Save

7 Beds

6 Baths

3,221 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,221 sqft

Price per Sqft $480

MLS Listing ID SR26208348

Bedrooms 7

Full Baths 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1951

Lot Size 6,651 Sqft

Property Sub-Type Triplex

Property Description

RARE NORTHRIDGE THREE-RESIDENCE INCOME PROPERTY — 3 SEPARATE ADDRESSES + APPROX. $9,800/MONTH RENTAL INCOME. Exceptional opportunity for an investor, 1031 exchange buyer, owner-user or multi-generational household. Located at 8216, 8218 and 8220 Encino Avenue, this unique property offers three separate residences totaling 7 bedrooms, 6 bathrooms and approximately 3,221 square feet of living space. The main residence at 8218 Encino Avenue features 3 bedrooms, updated interiors, laminate wood flooring, recessed lighting, central air conditioning and a remodeled kitchen with quartz countertops, center island and stainless-steel appliances. The newer 2022-built residence at 8220 Encino Avenue offers approximately 1,196 square feet with 3 bedrooms and 3 bathrooms in a bright two-story layout featuring quartz countertops, custom cabinetry and stainless-steel appliances. The third residence at 8216 Encino Avenue offers approximately 500 square feet with 1 bedroom and 1 bathroom, providing additional rental income or flexible accommodations for extended family, guests or a home office. Currently generating approximately $9,800 per month / $117,600 annually in gross rental income. Each residence has its own address, creating excellent separation and flexibility for tenants and ownership. Additional improvements include newer roofs, dual-pane windows, central air systems, tankless water heater, recessed lighting and updated landscaping. Convenient Northridge location near shopping, dining, transportation and California State University, Northridge. Turnkey income-producing real estate with three residences on one lot — ideal for rental income, multi-generational living or an owner-user seeking to offset housing costs.

Location

State CA

County Los Angeles

Area Nr - Northridge

Zoning LAR1

Rooms

Main Level Bedrooms 5

Interior

Interior Features Laminate Counters, Open Floorplan, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Heating Central

Cooling Central Air, Dual

Flooring Laminate, Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Tankless Water Heater

Laundry Inside

Exterior

Parking Features Attached Carport, Carport, Uncovered

Carport Spaces 2

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Not Available

View Y/N No

View None

Porch None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Triplex

Story 2

Entry Level One,Two

Sewer Public Sewer, None

Water Public

Level or Stories One, Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2201012016

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Sonal Sojitra Beverly and Company, Inc. 818-919-6097, DRE #01880752
Direct Home Buyers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 632-7138

lrodsellshomes@gmail.com

2310 E Ponderosa Dr, Camarillo, CA 93010, USA

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8218 ENCINO AVE