Ignite FB Tracking Pixel18356 Napa Street, Northridge, CA 91325 - Nicole Grey
Pinnacle Estate Properties, Inc.
Nicole Grey, Pinnacle Estate Properties, Inc.Phone: (818) 469-5007
Email: [email protected]
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listing
1 of 13
Residential IncomeFor Sale
$4,350,000
18356 Napa Street
Northridge, CA 91325
Listed by Jason Vollmer DRE#01947472 [email protected] Beverly And Company Inc.
MLS: California Regional MLS (CRMLS)
10Beds
8Baths
4,480Sq Ft
Est. Mortgage
$22,554/mo

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)

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Information courtesy of Beverly And Company Inc. is subject to verification and is not guaranteed.
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