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Additional details
$ 1,425,000
Est. payment | /mo
7,322 Sqft Lot
$ 1,425,000
Est. payment | /mo
7,322 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25131036
HOA Y/N No
Year Built 1959
Lot Size 7,322 Sqft
Property Sub-Type Apartment
Property Description
This exceptional 6-unit multifamily property is a turnkey investment opportunity in the heart of Northridge. 4 out of 6 are vacant and completely remodeled units—each thoughtfully upgraded with new flooring, recessed lighting, modern kitchens and bathrooms, and dual pane vinyl windows throughout.
The property includes 6 covered and gated parking spaces, new vinyl fencing around all private patios, and offers 4 of 6 units delivered vacant—ideal for investors or owner-users seeking immediate upside potential.
With conservative pro forma rent projections, this asset is being marketed at an attractive 9.31 gross rent multiplier, not including potential for laundry or storage income.
The property includes 6 covered and gated parking spaces, new vinyl fencing around all private patios, and offers 4 of 6 units delivered vacant—ideal for investors or owner-users seeking immediate upside potential.
With conservative pro forma rent projections, this asset is being marketed at an attractive 9.31 gross rent multiplier, not including potential for laundry or storage income.
Location
State CA
County Los Angeles
Area Nr - Northridge
Zoning LAR3
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs
Total Parking Spaces 6
Private Pool No
Building
Lot Description Paved
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2787007020
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Special Listing Condition Standard
Listed by Zorik Dadoyan • Equity Union • 818-335-3637