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10228 Encino Ave

Los Angeles CA 91325

7
6
4
4069 sq. ft.
12289 sq. ft.
Single-Family
Currently for sale - view listing

Overview

A rare opportunity to own a fully permitted four unit property in the heart of Northridge, offering exceptional cash flow, quality construction, and long term upside. Situated on a quiet residential street, this property spans an expansive, flat, approximately 12,289 square foot lot and features four thoughtfully designed units on a single APN. The front residence was completely renovated in 2019 and offers approximately 2,172 square feet with 3 bedrooms, 2 bathrooms, and a large private backyard, making it an ideal owner user residence or premium rental. Tucked behind the front home are three additional units consisting of a spacious 2 bedroom, 2 bathroom residence of approximately 1,156 square feet and two studio units of approximately 370 square feet each, all newly constructed in 2020. The property is further enhanced by owned, fully paid off solar, providing long term energy savings and added value. Additional highlights include a large circular driveway, ample street parking, expansive backyard and common areas, and an on site security camera system. Currently fully occupied, the property has been owned, maintained, and developed by a seasoned builder with an established track record of constructing high quality four unit properties throughout the San Fernando Valley. Conveniently located near highly rated schools, shopping, dining, and everyday amenities, this is a rare investment opportunity in one of Northridge's most desirable residential neighborhoods.

Features

7 bedrooms
6 bathrooms
4 carspaces
4 open car spaces
4069 sq. ft. floor area
12289 sq. ft. lot size
Single-Family

Property history for 10228 Encino Ave

2019
Sold
$752,000
07 Mar 2019 by Steven Marx, of CORE Real Estate

Happy sellers in Los Angeles

89%
89% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Los Angeles over the last 12 months.

Local market activity for 7 bedroom single-family properties in Los Angeles

In the last 12 months, 2 seven-bedroom single-family properties similar to 10228 Encino Ave, have been sold.

This represents a 50% increase in seven-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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