$ 1,549,000
-
$1,549,000
Price -
7
Bed -
6
Bath -
3,221
SqFt -
0.15
Acre
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About the Listing SR0185400 - F207057327
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.
Listing Highlights for 8218 Encino Ave
Interior Details
- Bedrooms: 7
- Bathrooms: 6 Full
- Appliances: Dishwasher, Disposal, Refrigerator, Tankless Water Heater
- Air Cond: Central Air,Dual
- Heating: Central
- Fireplaces:
- Floor: Laminate,Wood
- Basement:
- Other: Laminate Counters,Open Floorplan,Recessed Lighting,All Bedrooms Down,Bedroom on Main Level,Main Level Primary
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: LAR1
- Roof:
- Others: Updated/Remodeled,2+ Total Units
- Sewer: Public Sewer,None
- Parking Features: Attached Carport,Carport,Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2201012016
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
8218 Encino Ave Northridge, CA 91325
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