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Sold for $695,000 · Jan 2021

SOLD

Listed at $679,000

Sold

7943 Louise Avenue, Northridge, CA 91325

Northridge, CA

MLS# 20660976

1,757 Sq Ft • Single Family Home4bd • 2ba
13 days on market

Listing Agent

Robert Baer

Listing Agent

Coldwell Banker Realty

DRE #: 01334830

Brokerage: Coldwell Banker Realty

Property Details

4

Bedrooms

2

Bathrooms

1,757 sqft

Square Feet

1951

Year Built

6,000 sqft

Lot Size

$396

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Welcome home to this light and bright Northridge charmer with great income potential from the separate and private guest unit located at the rear of the property. With interest rates at historic lows, just imagine being able to live in the front house and pay a "net" mortgage of only about $1,100/month after you lease out the rear unit at the current rent of $1,200/month! The main home features an open floor plan with 3 bedrooms and a full bath (with separate tub and shower). You will enjoy hosting barbeques for friends and family in the large back yard where you can also gather around the fire-pit for smores on chilly evenings. The detached guest unit (with separate entrance) is approximately 520 square feet and has a well-equipped kitchen, full bath, a living room and a good sized bedroom. If you decide not to rent it out, the rear unit could make a perfect work-from-home office suite or use it to host out of town guests for extended stays.

Listing description from the January 2021 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
Central, ForcedAir, NaturalGas

Sale history for 7943 Louise Avenue

2 recorded sales

$695,000
Sold January 2021 · listed $679,000, on market November 2020, 13 days on market · MLS #20660976 · Source: CRMLS
Listing Agent: Robert Baer · Listing Office: Coldwell Banker Realty · Contact: 310-278-9470 · Bought with: Reid C. Kaplan · RE/MAX ESTATE PROPERTIES
$556,000
Sold May 2019 · listed $575,000, orig. $725,000, on market January 2019, 55 days on market · MLS #190001408 · Source: CRMLS
Listing Agent: Jim Cheeseman · Listing Office: Cheeseman Realty Group · Contact: 760-944-9570 · Bought with: Out of Area Southland · SOUTHLAND

How this sale compares

7943 Louise Avenue sold for $695,000 in January 2021, 2.4% over its $679,000 list price, after 13 days on the market. That works out to $396 per square foot on 1,757 square feet. Across 134 closed sales in 91325 over the last 12 months, the median sold price is $1,191,250 and the median is $502 per square foot, 27% above this sale's $396. 4-bedroom rentals in 91325 currently list at a median of $6,650 a month (10 listings).

$396
This sale, per sq ft
$502
91325 median per sq ft (12 mo)
$1,191,250
91325 median sold price (12 mo)
134
Closed sales in 91325 (12 mo)
13
Days on market
+2.4%
Sold vs. list price
QuarterClosed sales in 91325Median sold price
Q1 202614$1,157,500
Q2 202653$1,182,500
Q3 202652$1,180,000
Q4 202615$1,270,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Northridge · Homes for sale in 91325

Recent sales near 7943 Louise Avenue

Closed sales reported in 91325, nearest first, last 12 months. All recent sales in Northridge →

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