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Property Description

Luxury Live Auction! Bidding to start from $950,000! Welcome to this stunning, newly updated multi-unit property, a unique investment opportunity in a prime location. This property features three separate units, each with its own private entrance and outdoor space, perfect for an end-user or an investor.The Main House is a charming 1,110 square foot, two-bedroom, one-bathroom unit that boasts beautiful wood floors, a renovated kitchen with updated features, and a massive backyard. The second unit, the ADU, is 825 square feet with two-bedrooms and two-bathrooms. This space features beautiful tile floors, a renovated kitchen, updated features, and a private backyard, providing a blend of indoor and outdoor living. The third unit, the Private Suite with a kitchenette, is a cozy 575 square foot, two-bedroom, one-bathroom unit. This property is located very close to CSU Northridge, making it an attractive rental option for students and faculty alike. The potential rental income for all three units is estimated up to $9100 per month by a local property management company, providing a fantastic return on investment. Other features include fully-owned solar panels, separate electric meters, and a gated double-driveway with automatic gates. Whether you're an end-user looking to offset your mortgage with rental income or an investor seeking a profitable addition to your portfolio, this property is a must-see. Don't miss out on this great opportunity!

Overview

Property Status
Sold
Lot Size
9,483 Sq.Ft.
MLS ID
23-337149
Property Type
Residential
Year Built
1947

Features & Amenities

Architecture Styles
Ranch
View Description
Valley
Stories
1
Pool
None
Roof
Shingle
Parking
Gated, Private
Heat Type
Central
Air Conditioning
Air Conditioning
HOA Amenities
None
Security Features
Automatic Gate, Gated, Smoke Detector

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8450 Calvin Ave

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Ben Belack Group represents the region's finest properties with exceptional skill using the most innovative technologies currently available. Ben Belack Group offers ultimate privacy and security, speed, and efficiency. Their years of full-time experience have given them a clear understanding of the mindset of home buyers and sellers and a thorough understanding of the regional marketplace.
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