ActiveSingleFamilyResidence

7862 Jellico Avenue

Northridge, CA, 91325

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$747,000

MLS: SR26096767

Beds

3

Baths

1

Sq Ft

1,148

Lot

0.14 ac

Year Built

1951

MLS #

SR26096767

Days on Market

5

Listed

May 7, 2026

Description

Priced to FLY at $747,000, like the jet. This 1951 single-story ranch offers 3 bedrooms, 1 bath, and 1,148 sqft on a generous 6,060 sqft lot in the southeastern wedge of Northridge 91325, adjacent to Lake Balboa and Reseda. Major systems are handled. New roof in 2020. Exterior recently painted. Brand-new stainless steel dishwasher installed in May 2026 (photos still show the prior unit). Original parquet wood flooring runs throughout, a timeless mid-century detail that's increasingly rare. A vendor estimate to refinish the parquet is available on request. Inside, the floor plan opens through a bright living and dining area with strong natural light, a functional galley kitchen with a pass-through, and an attached one-car garage with direct access. The 6,060 sq ft lot offers a covered patio, mature landscaping, and a footprint that supports an ADU conversion under current California law, subject to LADBS approval. Quick access to the 405 and 101, proximity to the Sepulveda Basin, and inclusion in the Northridge school catchment. A Northridge ZIP with Lake Balboa edge amenities and Reseda-adjacent pricing, well below the 91325 median. Bring your vision and make it yours.

Location

Northridge, Los Angeles County, CA 91325

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Listed by: Justin Bonney · Clear Way Real Estate

Payment estimate

$5,612

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $74,700 · Loan: $672,300

%
Principal & Interest
$4,254
Property tax (1.25%)
$778
Homeowners insurance
$300
Mortgage insurance
$280
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $26,145 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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.