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8433 Melvin Ave, Northridge, CA 91324

List Price: $1,995,000On Market FlagOn market
Aug 11, 20252,345 sqft3 beds3 baths
Listed by: Dominic Kennedy
License #: 02083855
Phone #: 310-871-6089
Vista Sotheby's International Realty
Source:
CRMLS Logo
MLS #: 25570267

Property Description

A Rare Northridge Gem on a Full Gated Acre! Welcome to 8433 Melvin Ave a truly unique opportunity to own a sprawling, gated compound in the heart of Northridge. Situated on an expansive 1-acre lot, this versatile property offers incredible potential for multi-generational living, rental income, or your own private retreat.Inside the main home, you'll find spacious living areas including a bonus room with a wet bar, a pool/exercise room, and private-access storage that can easily function as a second family room or creative studio. Step outside to discover a detached guest house with its own entrance, perfect for extended family, guests, or as a high-demand rental unit.The lush grounds are adorned with fruit trees, rose bushes, and plenty of room to garden, entertain, expand, or simply unwind in total privacy.With a little TLC, this property can become your ultimate dream compound. Whether you're seeking a creative haven, a multi-gen solution, or a place to grow the possibilities are endless.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$9,921

TurboHome Estimated Value

$1,328,200

$566 sqft

High Valuation
$1,394,610
$595/sqft
Normal Valuation
$1,328,200
$566/sqft
Low Valuation
$1,261,790
$538/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$566/sqft$1,328,200

Neighborhood: Winnetka

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Comparative Value

$815K

$895K

$1.02M

$1.13M

$1.35M

$2.00M

20055 Dampa Ln, Winnetka, CA 91306

Sale Price: $815,000

Selected Comparable

8351 Quartz Ave, Winnetka, CA 91306

Sale Price: $895,000

Selected Comparable

19916 Cantara St, Winnetka, CA 91306

Sale Price: $1,018,000

Selected Comparable

19735 Blythe St, Winnetka, CA 91306

Sale Price: $1,130,000

Selected Comparable

19561 Lorne St, Reseda, CA 91335

Sale Price: $1,350,000

Selected Comparable

8433 Melvin Ave, Northridge, CA 91324

List Price: $1,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
8433 Melvin Ave, Northridge, CA 91324

8433 Melvin Ave, Northridge, CA 91324

List: $1,995,000

Listed: 8/11/2025

Area:2,345 sqft
Price/sqft:$851
Beds:3
Baths:3
Year Built:
Lot Size:39,599

Comparable Properties

COMPARABLE
Choose comps
19561 Lorne St, Reseda, CA 91335

19561 Lorne St, Reseda, CA 91335

Sale: $1,350,000

5/28/20250.43 mi

Area:2,443 sqft
Price/sqft:$553
Beds:3
Baths:3
Year Built:
Weight:23.5%
19735 Blythe St, Winnetka, CA 91306

19735 Blythe St, Winnetka, CA 91306

Sale: $1,130,000

7/28/20250.60 mi

Area:2,473 sqft
Price/sqft:$457
Beds:4
Baths:3
Year Built:
Weight:19.8%
8351 Quartz Ave, Winnetka, CA 91306

8351 Quartz Ave, Winnetka, CA 91306

Sale: $895,000

3/25/20250.26 mi

Area:2,047 sqft
Price/sqft:$437
Beds:3
Baths:2
Year Built:
Weight:19.2%
19916 Cantara St, Winnetka, CA 91306

19916 Cantara St, Winnetka, CA 91306

Sale: $1,018,000

2/5/20250.50 mi

Area:2,350 sqft
Price/sqft:$433
Beds:4
Baths:3
Year Built:
Weight:18.8%
20055 Dampa Ln, Winnetka, CA 91306

20055 Dampa Ln, Winnetka, CA 91306

Sale: $815,000

12/27/20240.62 mi

Area:1,822 sqft
Price/sqft:$447
Beds:3
Baths:3
Year Built:
Weight:18.7%

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