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813 8th, San Fernando, CA 91340

$1.5M2bd · 2ba · 877 sqft
Lot 11,391 sqft•Single Family Residence•
Active
•7d 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 byUnknown Office, ANGELA 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 106.0% above the median closed sale of $728,000. Price per sqft ($1,710) is a 124% premium to closed comps ($762). Closed comps sold at 104% 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 $728K
+$772K (+106.0%)
Active comps
vs active median $725K
+$775K (+106.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $687
+$1K (+148.9%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1311 Knox StreetSan Fernando1952321,1377,540$528$600,000480
952 Orange GroveSan Fernando1949311,0476,151$859$899,0007978
13084 VaughnSan Fernando1958321,0756,354$674$725,00010078
Total: 3 · Average3.01.71,086.3336,681.667$687$741,333.33361
Median1,075$725,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
514 FermooreSan Fernando195109/24/2026219547,285$699,990$699,000$7331.007289
863 Workman StreetSan Fernando194606/09/2026219175,408$699,950$720,000$7851.035988
424 N Lazard StreetSan Fernando195005/07/2026217867,585$725,000$728,000$9261.003685
1601 FermooreSan Fernando194805/13/2026321,1367,732$749,900$775,000$6821.035682
12476 Adelphia AvenueSan Fernando194806/24/2026321,1447,001$699,950$780,000$6821.1110382
Total: 5 · Average2.41.4987.47,002.2$740,400$740,400$761.6—65.2
Median954$728,000$728,000

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.