8448 Calvin Avenue, Northridge, CA 91324

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!