For SaleNeutral Deal13 days on market

8354 Aura Ave

8354 Aura Ave, Northridge, CA 91324, Northridge, CA 91324
$449,000
Estimate®:$454,700$5,700 Under Market

Listing Price

Property image 1
8354 Aura Ave, Northridge, CA 91324
Loc: Northridge, CA
Days Listed
13
Tax Assessed
$65k
Estimate®
$455k
1% Under Valued
Lot Size
8,060 sqft
Rent Estimate
$3,516/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Napa Street Elementary School

K-5
0.5 mi away
5

John A. Sutter Middle School

6-8
1.5 mi away
6

Northridge Academy High

9-12
2.4 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

ranch-stylestucco exteriorsingle-storycovered porchattached garageboarded-up windowsfixer-uppergabled roofasphalt shingleschain-link fencingdry landscaperesidential propertyasphalt driveway

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.52%
Total ROI
100.7%
Cash Flow
$112/mo
DSCR
1.05
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $112/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.5%)
  • Strong rental demand in Northridge
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-04Listed for sale$449,000$429

Tax History

YearProperty TaxTax Assessment
2026$0$65,443
2025$946.8$64,161
2024$966.08$62,904
2023$951.12$61,672
2022$913.11$60,463
2021$896.49$59,279
2020$899.41$58,672
2019$899.41$57,522
2018$753$56,395
2017$753$55,290
2016$734.63$54,207
2015$705.46$53,393
2014$707.77$52,349
2012$0$51,093
2011$0$50,092
2010$0$49,719
2009$0$49,838
2008$0$48,861
2007$0$47,904
2006$0$46,966
2005$0$46,966
2004$0$45,144
2003$0$44,318
2002$0$43,450
2000$0$41,765
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
1
Sq Ft
1,046
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/1ba in Northridge
+18% vs. list
$
$47,070
75% Rule
Maximum Allowable Offer (MAO)
$350,295

Calculated as (75% × $529,820) − $47,070

Asking Price is $98,705 (22.0%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $350,295 based on $47,070 in required updates.
Current Asking Price:$449,000
Estimated ARV:$529,820
Estimated Renovation:$47,070
All-In Capital Basis (MAO + Rehab):$397,365
Projected Equity Margin:+$132,455
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $449,000[Observed] Rent: $3,516/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $225/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.52%

NOI: $29,297/yr

Cash-on-Cash Yield
1.3%

On $103,270 invested

DSCR Ratio
1.05x

Tight qualification

5-Yr Leveraged ROI
+100.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$41/mo
[Estimated]Homeowner / Hazard Insurance-$225/mo
[Defaulted]Vacancy Reserve (5% of rent)-$176/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$352/mo
[Defaulted]Property Management (8% of rent)-$281/mo
Total Pure Operating Expenses-$1,075/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,516/mo
Less: Operating Expenses-$1,075/mo
Net Operating Income (NOI)+$2,441/mo
Less: Debt Service (30yr @ 6.75%)-$2,330/mo
Net Cash Flow
$112/mo
$1,340/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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