8022 Louise Ave, Northridge, CA 91325
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8022 Louise Ave Northridge, CA 91325

$1,125,000 Sold Price as of 08/17/2023
  • 6 Beds
  • 4 Baths
  • 2,430 Sq.Ft.
Sold
$1,125,000 Sold Price as of 08/17/2023 Refinance Your Mortgage

Map preview of 8022 Louise Ave, Northridge, CA 91325

Property Overview: 8022 Louise Ave Northridge, CA has 6 bedrooms, 4 bathrooms, 2,430 living square feet and 6,003 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT opportunity for an investor or owner-user to buy two single-story homes on one lot. Located at 8020 and 8022 Louise Avenue in the desirable Northridge neighborhood, the front house(8022), is 3BD, 2BA, and 1,235 square feet and enters from Louise Avenue. The newly constructed ADU(8020), enters through a gated entrance from the alley off El Acero Street in the back and is 3BD, 2BA, and 1194 square feet. The front house features a new refrigerator and dishwasher and is offered occupied by a reliable tenant. The ADU was just completed and features 10 foot ceilings, an abundance of natural light, a large open kitchen with peninsula, plenty of cabinets, all new appliances, a built-in pantry and quartz countertops. There are light hardwood or tile floors throughout and large sliding doors that open off both the family room and primary suite onto a gated courtyard with room to park two cars inside the gate. This listing is an absolute must-see!

Listed by Bryn Schneider | BRE #02103569 | Compass
Last checked: 13 minutes ago | Last updated: August 17th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,003
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23251635
City
Northridge
County
Los Angeles
Time on Site
307 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: --
  • Net Operating Income: $70,840
  • Gross Operating Income: $80,640
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $8,600
  • Insurance: $1,200
  • Professional Management: $3,360

Property Details for 8022 Louise Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable, Inside
Room Information
  • Flooring: Wood, Tile
  • Family Room, Guest/Maid's Quarters
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Window Features: Double Pane Windows
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Features: Utilities - Overhead, Front Yard
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 2204009014
  • Architectural Style: Traditional
  • Foundation Details: Slab, Raised
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Northridge Agent

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Sale History for 8022 Louise Ave

Last sold for $1,125,000 on August 17th, 2023
  • August, 2023

  • Aug 17, 2023

    Date

    Sold

    CRMLS: 23251635

    $1,125,000

    Price

  • Jun 15, 2023

    Date

    Active

    CRMLS: 23251635

    $1,149,000

    Price

  • June, 2023

  • Jun 15, 2023

    Date

    Canceled

    CRMLS: 23250593

    $1,149,000

    Price

  • Mar 16, 2023

    Date

    Active

    CRMLS: 23250593

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT opportunity for an investor or owner-user to buy two single-story homes on one lot. Located at 8020 and 8022 Louise Avenue in the desirable Northridge neighborhood, the front house(8022), is 3BD, 2BA, and 1,235 square feet and enters from Louise Avenue. The newly constructed ADU(8020), enters through a gated entrance from the alley off El Acero Street in the back and is 3BD, 2BA, and 1199 square feet. The front house features a new refrigerator and dishwasher and is offered occupied by a reliable tenant. The ADU was just completed and features 10 foot ceilings, an abundance of natural light, a large open kitchen with peninsula, plenty of cabinets, all new appliances, a built-in pantry and quartz countertops. There are light hardwood or tile floors throughout and large sliding doors that open off both the family room and primary suite onto a gated courtyard with room to park two cars inside the gate. This listing is an absolute must-see!

  • February, 2021

  • Feb 10, 2021

    Date

    Sold

    CRMLS: SR21002853

    $695,000

    Price

  • Jan 26, 2021

    Date

    Pending

    CRMLS: SR21002853

    $695,000

    Price

  • Jan 11, 2021

    Date

    Active Under Contract

    CRMLS: SR21002853

    $695,000

    Price

  • Jan 7, 2021

    Date

    Active

    CRMLS: SR21002853

    $695,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderful Family Home, offering an irresistible Single Story Lifestyle, located in the highly desirable area of Northridge! 3 bedrooms, 1.75 bathrooms. This well maintained & manicured home begins with a welcoming front porch & sitting area. Flowing Single Story floor plan that features an entry/foyer area, leading to a spacious living room with recessed lighting and a fireplace. Lovely kitchen, 3 bedrooms, one with it's own private bathroom, another with 2 ample sized closets. Enjoy having the convenience of a Laundry/Utility room. Delightful Entertainer's back yard, that offers a Covered Patio for indoor/outdoor living & entertaining, roomy grassy area, nicely landscaped, & hardscaped. Private, peaceful setting. Two car detached garage or possibly a potential ADU. Additional bonus feature, boasts a paved/hardscaped private fenced & gated area of the back yard that could be used for additional multiple car parking, storage, work or play area. This home is a canvas for potential! The home has been owned & well maintained by the same owner/family for the past 40 years. Sophistication & Location, conveniently located near shopping, entertainment, schools, & freeway access. Lot dimensions are 50 x 120.

  • February, 2021

  • Feb 9, 2021

    Date

    Sold (Public Records)

    Public Records

    $695,000

    Price

  • November, 2020

  • Nov 24, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8022 Louise Ave

Assessed Value (2020): $196,478
Year Land Value Improved Value Assessed Value
2020 $114,534 $81,944 $196,478

Home Value Compared to the Market

This property vs the competition

8022 Louise Ave sold on August 17, 2023 for 10.69% higher than the current median sold price for the city of Northridge which is $1,038,000. The median sold price per/sqft for Northridge is $536 and this home is sold at $472.84 per/sqft which puts the price per square foot 11.78% lower than the current median sale per square foot for the city of Northridge.

About 8022 Louise Ave

Detailed summary of property

8022 Louise Ave is a multi family that recently sold in Northridge, CA 91325. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,430 living square feet, and sits on an approximately 6,003 square foot lot. 8022 Louise Ave was first listed on ArdentRealEstateGroup.com on June 16, 2023. The homeowner sold the property for $1,125,000. Home in Northridge are selling for a median price of $1,038,000 and a median price per square foot of $536. Based on Ardent Real Estate Group's Northridge Market Data, this home is sold 10.69% higher than the current median priced home. Local homes that are currently for sale include 1430 S Orange Dr, 1412 N Serrano Ave and 5437-5439 Lemon Grove Ave. While the average home in Northridge, CA is selling in 56 days, 8022 Louise Ave has a days on market of 6 days. There are currently 100 homes for sale in the Northridge real estate market and 81 of them are single family homes while 7 of them are condos and 12 are townhomes. For more information on this home for sale at 8022 Louise Ave Northridge, CA 91325 contact Ardent Real Estate Group and we will put you in touch with one of our Northridge agents.

Public Facts for 8022 Louise Ave

Public county record property details
Beds
2
Baths
2
Year built
1952
Sq. Ft.
1,235
Lot Size
6,002
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
2204-009-014

The source for these homes facts are from public records.

91325 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$537
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$576
Total Inventory
40
Median Sale to List Price %
103.93%
Avg Days on Market
17
Loan Type
Conventional (35.29%), FHA (5.88%), VA (0%), Cash (29.41%), Other (23.53%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.