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9350 Rhea Avenue
About This Property
The main residence features 3 bedrooms, 2 bathrooms, and approximately 1,353 square feet of inviting living space. Enjoy a bright, open layout with spacious living areas, recessed lighting, central heating, and a well-equipped kitchen offering generous cabinet storage. Designed for both everyday living and entertaining, the home combines functionality with timeless appeal.
An attached 1-bedroom, 1-bath ADU provides excellent flexibility-ideal for rental income, extended family, guests, or a private home office. Whether you're looking to offset your mortgage or create a multigenerational living arrangement, this additional unit adds tremendous value.
The backyard is made for entertaining, complete with a sparkling pool, BBQ area, and plenty of space to relax or host family and friends. A large driveway with RV parking offers added convenience and ample parking.
Situated on a quiet, tree-lined street in one of Northridge's most sought-after neighborhoods, this home is just minutes from shopping, dining, parks, CSUN, and easy freeway access.
Live in the main home while renting the ADU, or take advantage of the property's incredible investment potential. Opportunities like this don't come around often!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Coldwell Banker Hallmark | $999,000 | |
| Listed by Coldwell Banker Hallmark | |||
| Oct 16, 2014 | Sold | ||
| Sold | |||
| Aug 7, 2014 | Listed by Keller Williams Beverly Hills | $529,000 | |
| Listed by Keller Williams Beverly Hills | |||
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This house is located in one of the most sought after streets in the area and minutes away from CSUN. Completely remodeled move in condition. This house offers a big back yard perfect for entertainment with a swimming pool. Must SEE....
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About North Valley
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Address: 335 Madison Avenue, New York, NY 10017