8857 Penfield Avenue, Northridge, CA 91324

$929,999
5
BD
3
BA
1,788
SqFt
List Price
$929,999
MLS#
SR24082273
Status
ACTIVE
Type
Single Family Residential
Bedrooms
5
Bathrooms
3
Living Area
1,788

Property Description

Located at 8857 Penfield Avenue, Northridge, this property presents an enticing opportunity for rental income and versatility Nestled in the vibrant neighborhood of Northridge, this property offers an exciting investment opportunity for those looking to tap into the thriving rental market. This property, rented out by individual rooms, presents a unique and lucrative income stream for savvy investors. a charming residence designed for both comfort and potential rental income. Positioned at the end of a peaceful cul-de-sac, this property promises a serene living environment with the added advantage of a highly sought-after location. This delightful home showcases four spacious bedrooms and two bathrooms and an unpermitted 3rd bathroom across a generous 1,392 sqft of living space in the main house. The interior is graced with an open floor plan that seamlessly unites the living, dining, and kitchen areas, creating an inviting space for gatherings and everyday living. Large windows throughout ensure the space is bathed in natural light, enhancing the sense of warmth and openness. With its rooms already rented out and a promising upside rental potential, this property presents a compelling investment prospect. Whether you're an experienced investor or a newcomer to the real estate market, this property offers the chance to capitalize on Northridge's burgeoning rental demand and secure a steady stream of income for years to come. An additional highlight of this property is the converted garage into an Accessory Dwelling Unit (ADU), close to 400 sqft of living space, further enha

Additional Information

Pool
Yes
Year Built
1956
View
Neighborhood

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Courtesy of House Of Seven Gables Real Estate Inc., Jhon Cordova.