18356 Napa ST new Save Request In-Person Tour Request Virtual Tour
Northridge,CA 91325
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $970
MLS Listing ID 224004333
Bedrooms 10
Full Baths 8
Year Built 1986
Lot Size 7,230 Sqft
Property Description
Value-Add Investment Opportunity - 16-Unit Multifamily Property in the Heart of NorthridgeRare chance to acquire a 16-unit multifamily property in a prime Northridge location! This well-maintained asset comprises two buildings on separate lots, featuring twelve 1-bedroom, 1-bath units, and four 2-bedroom, 1-bath units. Built in 1986 and free of rent control, this property offers immediate upside potential for investors. Recent upgrades include two newer water heaters, copper plumbing throughout, including the mainline, and a roof tune-up. Each unit has been enhanced with low-flow toilets, optimizing water efficiency.The property provides 24 parking spaces, an attractive feature in this high-demand rental area. Additionally, there is potential for an ADU in the rear, creating an opportunity for further value-add and income generation. Located near shopping, dining, and transportation hubs, this property is perfectly positioned for long-term appreciation and stable cash flow.With Northridge seeing strong rental demand and limited opportunities like this, don't miss your chance to own this high-potential multifamily investment! (Buyer to verify possibility of ADU)
Location
State CA
County Los Angeles
Area Nr - Northridge
Zoning LAR3
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Flooring Wood
Laundry Laundry Room
Exterior
Garage Covered,Driveway,Other
Garage Spaces 24.0
Garage Description 24.0
View Y/N No
Building
Story 2
Sewer Public Sewer
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Submit
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Submit
Special Listing Condition Standard