18356 Napa, Northridge, CA 91325
- $3,998,000
- List Price
- $3,998,000
- Price Change
- ▼ $202,000 1782944831
- Status
- ACTIVE
- MLS#
- SR26084303
- Year Built
- 1986
- Lot Size
- 14,400
- Acres
- 0.33
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 94
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
Exceptional investment opportunity in the heart of Northridge. Located at 18356–18360 Napa Street, this well-maintained multifamily property consists of 16 total units across two buildings, offering a combined 8,960 square feet of rentable space situated on a 14,400 square foot lot. Constructed in the mid-1980s, the property features a desirable low-rise, garden-style layout with efficient unit configurations that appeal to a strong and consistent tenant base. Amenities include on-site parking, private balconies in select units, and shared laundry facilities. Positioned in a high-demand rental market, the property benefits from close proximity to California State University, Northridge, major shopping centers, dining, and convenient access to the 101 and 405 freeways. This location continues to attract students, professionals, and long-term renters alike. With solid in-place income and upside potential through interior upgrades and rental repositioning, this asset presents an excellent opportunity for both seasoned investors and those seeking to expand their multifamily portfolio in a stable, growth-oriented submarket.
Additional Information
- Pool Description
- None
- Heat
- Forced Air
- View
- None
- Garage Spaces Total
- 24
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 16
- Gross Scheduled Income
- $378,160
- Operating Expense
- 109930
Listing courtesy of Listing Agent: Brad Wiseman (Bradwiseman@gmail.com) from Listing Office: Equity Union.
Mortgage Calculator
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