$2,775,000
$2,995,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 03/18/2024
Key Details
Sold Price $2,775,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23215089
Sold Date 03/18/24
HOA Y/N No
Year Built 1960
Lot Size 0.395 Acres
Property Description
We are proud to present a 14 unit multifamily at 18330 Napa Street, Northridge, CA. 91325. Subject property has an excellent unit mix. There are Seven ( 1+1 ), Three ( 2+1 ), and Four ( 2+2 ). Total living area square footage is 12,518 Situated on 17,184 square footages of lot.Subject property has swimming pool, Wall AC, and laundry facilities. This is a value-add property, especially with rents being as low as they are. New owner will benefit from up to 70% rent increase.Potential for up-to (2) 2 Bedroom ADU's in rear of the building above the carport parking. (Buyer to do own Due Diligence).
Location
State CA
County Los Angeles
Area Nr - Northridge
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Pool Community
Community Features Valley, Pool
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2786024042
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Fabiola Munoz Rodriguez • Excellence Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "