18356 Napa Street

Northridge, CA 91325

  • 10 Bed(s)
  • 8 Bath(s)
  • 4,480 Sqft
  • 7230
    Sqft(Lot)
$4,350,000

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 is a non rso building, 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)

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Traditional

  • AD ID

    47313572

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 8
    • Full Baths: 8
    • Half Baths: 0

    Water/Sewer

    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Water Heater
    • Flooring: Wood

    Cooling Features

    • Air Conditioning

    Energy

    • Green Energy: Water Heater

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1986
    • Construction: Other,Stucco

    Security Features

    • Security Gate,Smoke Detector(s)

    Accessibility Features

    • Other

    Laundry Features

    • Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.166
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 7230

  • Listing Price Information

    • Original List Price: 4,350,000
    • Listing Contract Date: 2024-10-16

    Lease Information

  • Tax Information

    • Parcel Number: 2786024034

  • Garage and Parking

    • Garage Description: Covered,Driveway,Other

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NR - Northridge
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: NR - Northridge

    Building and Construction

    • Property Age: 39
    • Year Built Source: Assessor
    • Total Square Feet Living: 4480
    • Entry Location: Other
    • Property Attached: Yes
    • Levels or Stories: Two,Multi/Split
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 10:54

  • MLS: 224004333
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 4,480 sqft, 7,230 sized lot, and 24 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Sherwood Forest , in zip code 91325, this Los Angeles County Home are nearby neighborhoods.