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813 8th, San Fernando, CA 91340

$1.5M2bd · 2ba · 877 sqft
Lot 11,391 sqft•Single Family Residence•
Active
•25d on market•MLS# IV-26219637

Property Description

RARE DEVELOPMENT OPPORTUNITY IN SAN FERNANDO! Discover the incredible potential of this expansive, approximately one-acre property offering endless possibilities for homeowners, investors, and developers alike! Whether you envision expanding the existing residence, adding ADUs, or exploring the potential for additional residential development, this unique property offers an exceptional opportunity to bring your vision to life. The existing home features a lovely kitchen with granite countertops and stainless-steel appliances, beautiful wood flooring, crown molding, and tastefully remodeled bathrooms. While the home could benefit from some additional TLC, it offers a solid foundation, inviting character, and tremendous potential for customization and improvement. The generous lot provides ample space to explore a variety of possibilities, whether for personal enjoyment, multigenerational living, or investment opportunities. Centrally located in San Fernando with convenient freeway access and close proximity to parks, shopping, dining, and everyday amenities. A rare opportunity to own a substantial parcel with incredible upside potential! Buyer to verify all zoning, subdivision, development, and ADU possibilities with the appropriate agencies.

Features & Amenities

FeeBuilt 1948

Property Details

Land Type
Fee
Year Built
1948
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
None
Flooring
Vinyl
City
San Fernando
Zip Code
91340
County
Los Angeles
Listed byKELLER WILLIAMS RIVERSIDE CENT, ANGELA M QUICK

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,584.82
Principal & Interest
Loan Amount
$1,200,000
Total Interest
$1,530,534
Total Payment Over 30 Years
$2,730,534
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 3 active · 5 closed

813 8th, San Fernando, CA 91340

San Fernando · Single Family Residence

$1.5M
Affordable Tier
Beds
2
Baths
2
Sqft
877
Lot
11,391 sqft
Year
1948
$/Sqft
$1710
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 9.5% above the median closed sale of $1,370,000. Price per sqft ($1,710) is a 179% premium to closed comps ($614). Closed comps sold at 106% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.50M· $1,710/sqft
Total list price
Closed comps
vs closed median $1.37M
+$130K (+9.5%)
Active comps
vs active median $1.50M
+$5K (+0.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $524
+$1K (+226.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
13889 NurmiSylmar1968432,35911,377$549$1.29M7940
14401 Lakeside StreetSylmar1959652,80421,914$535$1.50M1532
15309 Larkspur StreetSylmar1985443,05717,554$489$1.50M3325
Total: 3 · Average4.74.02,74016,948.333$524.333$1.43M42.333333333333336
Median2,804$1.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
11211 Osborne StreetSylmar195106/01/2026321,42326,523$1.29M$1.38M$9661.074549
13530 Beaver StreetSylmar195407/17/2026442,47333,824$1.20M$1.36M$5501.145042
13243 Calcutta StreetSylmar195609/04/2026752,6476,737$1.30M$1.30M$4911.002941
13342 Hubbard StreetSylmar195811/14/2025752,8207,200$1.37M$1.37M$4861.001835
14820 BledsoeSylmar196307/28/2026342,41727,955$1.30M$1.40M$5791.086535
Total: 5 · Average4.84.02,35620,447.8$1.36M$1.36M$614.4—41.4
Median2,473$1.37M$1.37M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.