18356 Napa, Northridge, CA 91325

$3,998,000

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List Agent Brad Wiseman () Equity Union; CoList ()

List Price
$3,998,000
Price Change
▼ $202,000 1782944831
Status
ACTIVE
MLS#
SR26084303
Year Built
1986
Lot Size
14,400
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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.