7630 Jellico
Northridge, CA, 91325
$1,450,000
MLS: SR25274651
Beds
4
Baths
2
Sq Ft
1,853
Lot
0.71 ac
Year Built
1935
MLS #
SR25274651
Days on Market
112
Listed
Dec 11, 2025
Description
Just Reduced! Welcome to a rare opportunity in prime Northridge—perfectly suited for immediate move-in, investment, or redevelopment. This owner-occupied single-family home offers 1,853 sq ft of living space and is ready for occupancy today, while presenting incredible potential to build, expand, or design a custom estate. Set on an expansive, flat, rectangular lot that is approximately three times larger than many surrounding properties, this oversized parcel offers exceptional space for a pool, sport court, additional structures, or future development, along with a long driveway and motorized entry gate that enhance privacy and convenience, all within a neighborhood experiencing ongoing redevelopment and beautifully reimagined homes that highlight strong upside potential. Held by the same family since 1975, this is a truly special offering where land, flexibility, and future potential converge—an increasingly rare find. Zoned RA (Residential Agricultural), the property provides unique versatility, including space for livestock such as chickens or horses, as well as opportunities for small-scale farming, complemented by mature fruit trees including orange, tangerine, and grapefruit that create a serene, semi-rural atmosphere within the city. The home is being sold strictly AS-IS, making it ideal for buyers looking to customize or redevelop, and is currently serviced by a septic system with public sewer access potentially available nearby (buyer to verify availability, connection requirements, and costs). Additionally, the adjacent rear lot is also available for purchase through a separate broker, offering a rare opportunity to expand the footprint and maximize development potential—endless possibilities await whether you’re looking to move in, invest, or bring your vision to life.
Location
Northridge, Los Angeles County, CA 91325
Open on Google Maps ↗Listed by: Daniel Ross · Pinnacle Estate Properties
Payment estimate
$10,372
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $145,000 · Loan: $1,305,000
- Principal & Interest
- $8,018
- Property tax (1.25%)
- $1,510
- Homeowners insurance
- $300
- Mortgage insurance
- $544
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Northridge home with as little as 3.5% down using an FHA loan — roughly $50,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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