ActiveResidential · sale

18040 Rayen Street

Northridge, CA 91325

$1,850,000

  • 5 beds
  • 5 baths
  • 3,395 sq ft
  • 0.38 acres
  • Built 1961

Listed by eXp Realty of Greater Los Angeles Inc. · MLS #226005187

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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18040 Rayen Street, Northridge, CA 91325 · MLS #226005187

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Your purchase plans

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The formal living room is a beautiful gathering space, anchored by a striking stone fireplace with a remodeled gas burner and decorative glass.

Details worth a look

Elegant French doors open to a private covered balcony overlooking the lush grounds, with a staircase leading directly to the backyard oasis.

Year built

Built in 1961.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to an extraordinary retreat in the heart of prestigious Sherwood Forest, where timeless architectural charm, gracious living spaces, and resort-style amenities come together to create a truly exceptional place to call home. Nestled within one of Northridge's most treasured residential enclaves, this stunning 5 bedroom, 4.5 bath estate offers nearly 3,400 square feet of beautifully appointed living space, all set behind private gates with automatic openers and an impressive circular driveway. From the moment you arrive, there is an undeniable sense of warmth, sophistication, and privacy. Step inside and discover an inviting blend of classic craftsmanship and understated luxury. Rich hardwood flooring, elegant crown molding, beautiful wood-framed windows, Hunter wood blinds, and timeless French doors create an atmosphere of refined comfort throughout. The formal living room is a beautiful gathering space, anchored by a striking stone fireplace with a remodeled gas burner and decorative glass. French doors invite natural light inside while creating a seamless connection to the spectacular backyard. The expansive family room is equally captivating, featuring soaring ceilings, two generous skylights, a handsome brick fireplace with updated gas burner, and a charming sunken wet bar, perfect for everything from intimate evenings to memorable celebrations. At the heart of the home, the spacious kitchen combines style with function, showcasing granite countertops, beautiful oak and glass cabinetry, convenient pull-out storage, and a professional Viking range with griddle. An elegant formal dining room, enhanced by a distinctive Edison-style light fixture, provides the perfect setting for holiday gatherings and special occasions. One of this estate's most remarkable features is its exceptionally versatile floor plan, offering three generously appointed primary suites, including two conveniently located on the main level. Both downstairs suites feature private bathrooms and direct access to the backyard, providing wonderful flexibility for guests, extended family, or multigenerational living. Two additional bedrooms and a beautifully appointed bathroom complete the main level. Privately situated upstairs, the magnificent primary retreat feels like an escape of its own. Dramatic vaulted, open-beam ceilings create architectural interest, while a spacious walk-in closet and luxurious bath with soaking tub, separate shower, and dual-sink vanity offer everyday indulgence. Elegant French doors open to a private covered balcony overlooking the lush grounds, with a staircase leading directly to the backyard oasis. Imagine enjoying your morning coffee surrounded by greenery or unwinding in the evening overlooking your own peaceful sanctuary. Step outdoors and experience a backyard designed for the ultimate California lifestyle. Beautifully landscaped grounds, expansive grassy areas, and a covered patio create an enchanting setting for outdoor dining, entertaining, or simply enjoying the sunshine. At the center of it all is a gorgeous solar-heated swimming pool and spa, enhanced by refreshed Pebble-Tec finishes and beautiful tilework. Whether hosting an elegant summer gathering, relaxing poolside, or enjoying a quiet evening beneath the stars, this outdoor retreat was designed to be enjoyed year-round. Mature fruit-bearing trees, including plum, loquat, orange, and lime, add charm and character to the park-like setting. Beyond its beautiful interiors, the property offers an abundance of practical amenities, including newly painted interior spaces, dual air-conditioning systems, two 50-gallon water heaters, and a generously sized interior laundry and utility room. The fully drywalled three-car garage features attractive epoxy flooring, while wiring for a security system, surround sound, Wi-Fi, Cat-5/HDMI connectivity, and EV/RV power adds convenience and flexibility. More than a beautiful home, this is a place to create memories.

THE NEIGHBORHOOD

Explore the location.

18040 Rayen Street, Northridge, CA 91325

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1961
Full baths
4
Half baths
1
Garage spaces
3
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Disposal,Range
Flooring
Wood
Pool
Yes
Pool features
InGround,Private
Spa
Yes
Subdivision
Not Applicable - 1007242
Zoning
LARA
Parcel
2768009003

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$7,708.33
Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

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From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

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Listing information

MLS #226005187 · California Regional MLS

Listing brokerage: eXp Realty of Greater Los Angeles Inc.
Listing agent: Deborah Gates

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.