A dilapidated Northridge home, described as a “tired old husk,” is listed for $475,000 cash-only.
In a neighborhood with an average home price of $345,000, this deteriorating 1956 house has sparked confusion.
The price likely reflects the land’s value. Northridge’s desirable location, with great schools, shopping,
and highway access, makes it appealing for a custom build. The cash-only requirement suggests it won’t qualify
for traditional financing. An Investor’s Opportunity? While extensive repairs or demolition are inevitable,
investors may see potential for profit. However, the feasibility of a successful project remains uncertain.
Conclusion – This Northridge home’s $475,000 price tag is hard to justify, but its prime location may
attract bold buyers. Whether it sells or stays a neighborhood curiosity is yet to be seen
