About this home

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.

Facts and features

Schools

• Lorne Street Elementary School

  elementary · K-5 · 0.2 mi

  7

• Northridge Middle School

  middle · 6-8 · 0.7 mi

  5

• Grover Cleveland Charter High School

  high · 9-12 · 2.0 mi

  9

• St. Mary Coptic Orthodox School

  elementary · K-5 · 0.1 mi

• The Northridge Community School

  elementary · K-8 · 0.3 mi

• Essence Learning Institute, Inc.

  elementary · 1-8 · 0.3 mi

Price history

• Oct 2, 2026 · Price Changed$1,549,000
• Sep 24, 2026 · Listed$1,690,000
• Apr 7, 2026 · Listing Removed—
• Jan 6, 2026 · Listed$1,599,999
• Mar 31, 2023 · Sold$1,315,000
• Feb 23, 2023 · Listed$1,339,777
• Feb 22, 2023 · Sold$1,324,777
• Jan 10, 2023 · Price Changed$1,324,777

Tax history

• 2025$18,076 tax · $1,395,488 assessed
• 2024$16,341 tax · $1,368,126 assessed
• 2023$9,180 tax · $1,341,300 assessed
• 2022$2,405 tax · $185,441 assessed
• 2021$2,288 tax · $181,806 assessed
• 2020$2,306 tax · $179,942 assessed
• 2019$2,220 tax · $176,414 assessed
• 2018$2,148 tax · $172,956 assessed

Home value

$1,523,418

• Quantarium$1,523,418
• Collateral Analytics$1,673,000
• Cotality$1,501,600

Where it is