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18658 Chase St, Northridge, CA 91324

Sale Price: $1,600,000
Jun 7, 20242,434 sqft3 beds3 baths
Listed by: Vic Deirmendjian
License #: 00599219
Phone #: 818-519-6755
Vic J. Diermendjian
Source:
CRMLS Logo
MLS #: SR24115757

Property Description

Major price adjustment. Please bring all offers. Equestrian zoned property in Northridge. Bring your horses, goats, chickens and other small animals. Zoned RA. Over one acre of fantasy land in a quiet neighborhood of estate size lots and homes. A private property a true oasis in the center of the city. Within close proximity to Cal State University Northridge campus. Close to all shopping, restaurants, transportation corridors. This unique four bedroom 2 bath former celebrity owned home is situated on a property that features one of the largest lots in the area and is ready to suit your dreams of potential redevelopment. Several structures are currently used as secondary homes, work rooms, stables. Former home of a celebrity with several structures, in-law quarters, maids quarters or rentals for income that can be either renovated or for the project seeker/developer, this property presents a tremendous opportunity to create a family compound or build multiple units on a 47,903 square foot lot. Seller states total bedroom count on the property with guest cottage is 6 and 7 baths. Buyer to conduct its own investigation as to the permitted uses, building permits and investigate the potential for redeveloping this large over one acre lot into a multifamily development, or a lot split and developing the front portion to multifamily and renovating the back and converting to a rehab facility, addiction recovery center, or assisted living. Seller, Seller's agents, brokers and representatives make no warranty expressed or implied as to the potential uses, conditions of property or zoning.
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

$17,178

TurboHome Estimated Value

$1,520,100

$625 sqft

High Valuation
$1,596,105
$656/sqft
Normal Valuation
$1,520,100
$625/sqft
Low Valuation
$1,444,095
$593/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$625/sqft$1,520,100

Neighborhood: Northridge

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Comparative Value

$960K

$1.15M

$1.47M

$1.60M

$1.90M

8545 Yolanda Ave, Northridge, CA 91324

Sale Price: $960,000

Selected Comparable

8348 Yolanda Ave, Northridge, CA 91324

Sale Price: $1,000,000

Selected Comparable

8126 Geyser Ave, Reseda, CA 91335

Sale Price: $1,145,000

Selected Comparable

8852 Newcastle Ave, Sherwood Forest, CA 91325

Sale Price: $1,470,000

Selected Comparable

18658 Chase St, Northridge, CA 91324

Sale Price: $1,600,000

Selected Comparable

18658 Chase St, Northridge, CA 91324

List Price: $1,895,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
18658 Chase St, Northridge, CA 91324

18658 Chase St, Northridge, CA 91324

List: $1,895,000

Listed: 6/7/2024

Area:2,434 sqft
Price/sqft:$779
Beds:3
Baths:3
Year Built:
Lot Size:47,903

Comparable Properties

COMPARABLE
Choose comps
8348 Yolanda Ave, Northridge, CA 91324

8348 Yolanda Ave, Northridge, CA 91324

Sale: $1,000,000

2/11/20250.13 mi

Area:2,433 sqft
Price/sqft:$411
Beds:3
Baths:3
Year Built:
Weight:23.4%
18658 Chase St, Northridge, CA 91324

18658 Chase St, Northridge, CA 91324

Sale: $1,600,000

8/29/20240.00 mi

Area:2,434 sqft
Price/sqft:$657
Beds:3
Baths:3
Year Built:
Weight:22.6%
8545 Yolanda Ave, Northridge, CA 91324

8545 Yolanda Ave, Northridge, CA 91324

Sale: $960,000

8/15/20240.13 mi

Area:1,979 sqft
Price/sqft:$485
Beds:3
Baths:3
Year Built:
Weight:19.5%
8126 Geyser Ave, Reseda, CA 91335

8126 Geyser Ave, Reseda, CA 91335

Sale: $1,145,000

2/12/20250.42 mi

Area:2,168 sqft
Price/sqft:$528
Beds:3
Baths:2
Year Built:
Weight:18.3%
8852 Newcastle Ave, Sherwood Forest, CA 91325

8852 Newcastle Ave, Sherwood Forest, CA 91325

Sale: $1,470,000

6/24/20250.99 mi

Area:2,410 sqft
Price/sqft:$610
Beds:4
Baths:4
Year Built:
Weight:16.3%

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