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.
Property Type(s):
Single Family
|
Last Updated
|
10/2/2026
|
Year Built
|
1951
|
|
Community
|
NR - Northridge
|
County
|
Los Angeles
|
Price History
|
Prior to Oct 2, '26
|
$1,690,000 |
| Oct 2, '26 - Today |
$1,549,000 |
Additional Details
| AIR |
Central Air, Dual |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Refrigerator, Tankless Water Heater |
| AREA |
NR - Northridge |
| HEAT |
Central |
| INTERIOR |
Laminate Counters, Master Downstairs, Open Floorplan, Recessed Lighting |
| LOT |
6652 sq ft |
| LOT DIMENSIONS |
6652 |
| PARKING |
Attached Carport, Carport |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer, None |
| STORIES |
One, Two |
| UTILITIES |
Sewer Not Available |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
Location
Listed with Beverly and Company, Inc.
Based on information from CRMLS as of 10/28/26 9:00 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2026.
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