$1,549,000
Original list price: $1,690,000
MLS: SR26208348
Beds
7
Baths
6
Sq Ft
3,221
Lot
0.15 ac
Year Built
1951
MLS #
SR26208348
Days on Market
33
Listed
Sep 24, 2026
Description
RARE NORTHRIDGE THREE-RESIDENCE INCOME PROPERTY — 3 SEPARATE ADDRESSES + APPROX. $9,800/MONTH RENTAL INCOME. Exceptional opportunity for an investor, 1031 exchange buyer, owner-user or multi-generational household. Located at 8216, 8218 and 8220 Encino Avenue, this unique property offers three separate residences totaling 7 bedrooms, 6 bathrooms and approximately 3,221 square feet of living space. The main residence at 8218 Encino Avenue features 3 bedrooms, updated interiors, laminate wood flooring, recessed lighting, central air conditioning and a remodeled kitchen with quartz countertops, center island and stainless-steel appliances. The newer 2022-built residence at 8220 Encino Avenue offers approximately 1,196 square feet with 3 bedrooms and 3 bathrooms in a bright two-story layout featuring quartz countertops, custom cabinetry and stainless-steel appliances. The third residence at 8216 Encino Avenue offers approximately 500 square feet with 1 bedroom and 1 bathroom, providing additional rental income or flexible accommodations for extended family, guests or a home office. Currently generating approximately $9,800 per month / $117,600 annually in gross rental income. Each residence has its own address, creating excellent separation and flexibility for tenants and ownership. Additional improvements include newer roofs, dual-pane windows, central air systems, tankless water heater, recessed lighting and updated landscaping. Convenient Northridge location near shopping, dining, transportation and California State University, Northridge. Turnkey income-producing real estate with three residences on one lot — ideal for rental income, multi-generational living or an owner-user seeking to offset housing costs.
Location
Northridge, Los Angeles County, CA 91325
Open on Google Maps ↗Listed by: Sonal Sojitra · Beverly and Company, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$12,071
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $154,900 · Loan: $1,394,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,576
- Property tax (1.25%)
- $1,614
- Homeowners insurance
- $300
- Mortgage insurance
- $581
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $54,215 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
See Northridge, CA 91325 market trends →
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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