8540 Calvin Ave - Apartments FOR SALE


Northridge, CA 91324
$1,170,000 USD
310-502-3686
8540 Calvin Ave, Northridge, CA for Sale
$1,170,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

8540 Calvin Ave
Northridge, CA 91324


HIGHLIGHTS

  • ADU was added onto the property in 2021

OVERVIEW

Turn-key investment opportunity!!! Step into style, comfort, and opportunity with this exceptional dual residence property, perfectly positioned to offer income potential. The main home welcomes you with a bright, airy open floor plan, beautifully updated with flooring, kitchen, and recessed lighting that accentuate the home’s natural charm. The heart of the home its gourmet kitchen with brand-new cabinetry, Quartz countertops, stainless steel appliances, and dual-pane windows for comfort. The attached Accessory Dwelling Unit (ADU) at 8538 Calvin Avenue was constructed in 2021 and offers a stylish one-bedroom layout with contemporary finishes, its own address, and separate utility meters. The addition provides incredible flexibility ideal for rental income, extended family, or private workspace. Currently tenant-occupied, both units present a turn-key investment opportunity with instant cash flow. Whether you're an investor or a homeowner in search of multi-generational living, this property delivers a rare blend of versatility, modern design, and long-term value all in a highly desirable location.

FOR SALE DETAILS

PRICE

$1,170,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

2

PRICE/UNIT

$585,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,941 SF

ZONING

LARS

APN/PARCEL ID

2783-021-007

ASK ABOUT THIS PROPERTY

Armina MekertichianKW Commercial GlendaleMore Info
310-502-3686

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Armina MekertichianKW Commercial GlendaleMore Info
310-502-3686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.