John E Burge

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Listing provided courtesy of Rodeo Realty- MLS# 26661749MLS Provider

8450 Melvin AveNorthridge, CA 91324

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

8450 Melvin Ave Overview

Time on Site:
113 days
Visits:
0

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 Ave Facts & Features

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

Details

General

Association/HOA

  • Association: False

Building Information

  • Year Built: 1955

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Northridge

General Information

  • Disclosures: As Is
  • Furnished: Unfurnished
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: LARA

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3.00
  • Bedrooms Total: 4

General Information

  • Common Walls: Detached/No Common Walls
  • Cooling: Central
  • Flooring: Hardwood
  • Heating: Central
  • Levels: One
  • Living Area: 1744
  • Living Area Source: Vendor Enhanced
  • Rooms: Breakfast Area, Living Room, Guest House
  • Spa Features: None
  • Spa: False
  • Stories: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.5320
  • Lot Size Area: 23172
  • Lot Size Dimensions: 77x302
  • Lot Size Source: Vendor Enhanced

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Ranch

    General Information

    • Other Structures: None
    • Pool Features: In Ground
    • Pool Private: True

    8450 Melvin Ave 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 Ave 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 Ave Market Data

    Based on the last 30 days in this zip code

    $1,063,484
    Average List Price
    $543
    Average Price per Square Foot
    8
    Properties Sold
    71
    Average Days on Market
    122
    Properties for Sale
    Calculations provided by Reliance Network

    8450 Melvin Ave History

    Date Event Value Agent
    3/9/2026Source: CRMLS Added to Database
    March 09, 2026
    3/9/2026Source: TheMLS (CLAW) Added to Database
    March 09, 2026
    12/22/2022Source: CRMLS Added to Database
    December 22, 2022
    9/22/2022Source: CRMLS Added to Database
    September 22, 2022
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