8523 Etiwanda Avenue

Northridge, CA 91325

  • 78 Bed(s)
  • 0 Bath(s)
  • 38,234 Sqft
  • 48613
    Sqft(Lot)
$9,500,000

Description

We are pleased to present the opportunity to purchase a stable, professionally managed 48-unit multifamily asset in the heart of the san fernando valley with significant future upside potential. casa etiwanda is located at 8523 etiwanda avenue in northridge, ca about 25 miles northwest of downtown los angeles. this suburban neighborhood has a population of nearly 62,000 with a strong employment base that creates consistent demand for quality rental housing. casa etiwanda offers studio, 1-bedroom, and 2-bedroom layouts providing plenty of options for a wide range of renters. the (31) 2-bedroom, 1-bathroom units, (16) 1-bedroom, 1-bathroom units, and (1) studio unit contain features such as laminate flooring, granite counters, window/wall-mounted hvac, and dishwashers. the property also has on-site parking for 47 vehicles as well as laundry facilities, a barbeque area, a gym, and a swimming pool. the soft story retrofit has recently been completed. spread across 1.1 acres, casa etiwanda provides tenants with plenty of green space and mature landscaping. all areas of the property including the main building, rear building, and parking lots are secured and accessible only to tenants. guests are provided access via a central intercom system that rings tenants directly from the front entrance. as an investment opportunity, casa etiwanda provides buyers with a stable asset that can be easily financed. furthermore, implementing a comprehensive renovation and reposition strategy for the property offers significant long-term growth potential.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48502574

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Property Details

  • Bedroom Information

    • Total Bedrooms : 78

    Bathroom Information

    • Total Baths: 48
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1964
    • Building Area Total: 38,234

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.116
    • Lot Size Dimensions: 165x295
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 48613

  • Listing Price Information

    • Original List Price: 9,500,000
    • Listing Contract Date: 2025-02-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2786007014

  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NR - Northridge
    • Directions: Etiwanda Ave & Malden St
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: NR - Northridge

    Building and Construction

    • Property Age: 61
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 38234
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 14:57

  • MLS: 25493719
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 78 bedrooms which is for sale, it has 38,234 sqft, 48,613 sized lot, and 0 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.