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$ 6,800,000
Est. payment /mo
New
18350 Napa Northridge, CA 91325
8 Beds
0.68 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25246131
Bedrooms 8
Lot Size 0.677 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Rare 34-Unit Courtyard Community in Northridge Pool, Private Courtyard & Exceptional Value-Add Potential This charming 34-unit apartment community is ideally located in the heart of Northridge, one of the San Fernando Valleys most desirable rental markets. Built around a beautifully landscaped central courtyard with a sparkling pool, the property combines strong curb appeal with meaningful value-add opportunities. Featuring a well-balanced unit mix of studios, one- and two-bedroom layouts (plus select larger units), the community appeals to a wide tenant base of students, young professionals, and small familiesensuring consistent occupancy and stable cash flow. The central pool and recreation area serve as a vibrant focal point, enhancing resident satisfaction and rental demand. With solid fundamentals and classic construction, the property is ideally positioned for modernization. Upgrading interiorskitchens, baths, flooring, lighting, and fixturesoffers a clear path to higher rents and improved asset value. Additional upside can be realized through utility re-billing or RUBS implementation, operational efficiencies, and amenity enhancements such as refreshed outdoor furniture, lighting, and BBQ/lounge zones. Investor appeal is further strengthened by on-site laundry, storage, and ample surface parking, as well as proximity to CSU Northridge, major employment centers, and retail corridors. Northridges strong rental demand and limited new supply create a compelling opportunity for both cash flow and appreciation with modest capital investment. This is a rare opportunity to
Location
State CA
County Los Angeles
Zoning Assessor
Direction 101 Freeway to Reseda north to Napa (between Roscoe & Parthenia) east to property
Interior
Cooling Wall/Window
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2786024049
Acceptable Financing Cash
Listing Terms Cash
Listed by Brad Wiseman Equity Union