18356 Napa Street
Northridge, CA 91325
4480 sqft | 10 beds | 8 baths | 0.17 acres | #224003137
Description
Call Ifti for showing: We are proudly presenting 16 Units consisting of 2-buildings, located at 18356 & 18360 Napa St. Northridge CA 91325, with 8 units each building, making the subject property consisting total of 16 units multifamily. Subject property has an excellent unit mix. Introducing an exceptional investment opportunity in Northridge, CA's vibrant San Fernando Valley! Enjoy a steady income stream with this well-maintained 18356 & 18360 NAPA STREET, featuring 16 units spread over 8,960 SF on two parcels with a combined land size of 14,425 SF. Built in 1986, this multifamily gem boasts a favorable current NOI of $234,172. This property is a prime addition to your portfolio at a listing price of $4,000,000.Each unit presents a mix of 1- and 2-bedroom layouts with current and market-savvy rents, showcasing a potential NOI of $311,811. With a central location in the West SFV submarket and proximity to amenities, this property is not just an investment, but an opportunity for growth in the thriving rental market. Don't miss out on 18356 & 18360 NAPA STREET. (Buyer to do its own Due Diligence).
Property Details
- Lot DescriptionLandscaped, Level, Paved, RectangularLot
- Property SubtypeResidentialIncome
- Utility FeaturesCableAvailable
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$4,000,000
- MLS #224003137
- MLS #224003137
- Cost4000000
- Acres0.166
- Square Feet4480
- Year Built1986
- Bedrooms10
- Parking Spaces24
- Bathrooms8
- Full Baths8
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Iftikhar Sheikh (#VCR-C159095447)
Listing Office: Rex Real Estate and Investments, Inc. (#VCR-CB1716001)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.