Kathleen Craig

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8450 Melvin AvenueNorthridge (los Angeles), CA 91324

Single Family · 4 Beds · 3 Full Baths · 1,744 Sq. ft. | 0.53 Acres
$1,795,000 Active

8450 Melvin Avenue Overview

Time on Site:
107 days
Visits:
1

Incredible investor opportunity on a beautiful tree-lined street in Northridge. Situated on an expansive 23,000+ sq ft lot, this property has already completed the SB9 subdivision process. RTI plans will be delivered at the close of escrow for three newly constructed homes (approximately 1,200 sq ft each), along with plans to remodel the existing residence.The current home features 3 bedrooms and 2 bathrooms, plus an ADU, a large sparkling pool, and mature trees that enhance the property's charm and privacy.An exceptional opportunity for an investor or end-user to live on the property while developing the additional homes, creating strong future value and income potential.Plans available upon request.

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8450 Melvin Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,744
  • Price/Sq.ft. $1,029
  • Lot 0.53 Acres

Details

General

Building Information

  • Year Built: 1955

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

General Information

  • Parcel Number: 2783010004
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: LARA

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1744
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Refrigerator
  • Fireplace Features: Living Room
  • Fireplace: true
  • Flooring: Wood
  • Laundry Features: Dryer,Washer
  • Levels: One Story
  • Living Area: 1744
  • Living Area Units: Square Feet
  • Stories: 1

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.532
  • Lot Size Area: 0.532
  • Lot Size Square Feet: 23172
  • Lot Size Units: Acres

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Ranch

    General Information

    • Pool Features: In Ground
    • Pool Private: false

    8450 Melvin Avenue Neighborhood

    Community

    91324 (Northridge) Demographics

    38
    Median Age
    7,022
    Population Density (per sq. mile)
    47%
    College Educated
    $83,894
    Estimated Median Income
    4,938
    Estimated Total Home Owners
    5,410
    Estimated Total Renters
    48% / 52%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    8450 Melvin Avenue Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    8450 Melvin Avenue Market Data

    Based on the last 30 days in this zip code

    $1,063,484
    Average List Price
    $543
    Average Price per Square Foot
    7
    Properties Sold
    71
    Average Days on Market
    122
    Properties for Sale
    Calculations provided by Reliance Network

    8450 Melvin Avenue History

    Date Event Value Agent
    3/14/2026Source: bridgeMLS Added to Database
    March 14, 2026
    Listing provided courtesy of Rodeo Realty- MLS# CL26661749MLS Provider