Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

4,962 sqft

Lot size

7,322 sqft

Year built

1959

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

208

MLS #

239927421

About this property

Located in the desirable community of Northridge, 17926 Schoenborn St presents an excellent multifamily investment opportunity in one of the San Fernando Valley’s most consistently strong rental markets. Situated on a quiet residential street with convenient alley access, the property benefits from both neighborhood charm and close proximity to major retail, transportation, and employment hubs throughout the area. The property features a well-balanced six-unit unit mix consisting of four 1-Bedroom/1-Bath units, one 2-Bedroom/2-Bath unit, and one 3-Bedroom/2-Bath unit, providing a diverse range of living options that appeal to a broad tenant base including students, professionals, and families. Each unit is individually metered for gas and electric, helping reduce operating costs while allowing tenants to manage their own utility usage. Residents enjoy the convenience of on-site parking with additional storage, a valuable amenity that enhances tenant appeal and everyday practicality. The location offers outstanding access to nearby amenities including the popular Northridge Fashion Center, which features a wide variety of retail stores, dining options, and entertainment. Tenants are also within close proximity to numerous grocery stores, restaurants, and neighborhood services, making daily errands quick and convenient. Transportation and commuting options are another strong advantage, with the property located a short distance from the Northridge Metrolink Station, providing regional rail service across the greater Los Angeles area. Residents also benefit from easy access to major transportation corridors including the Interstate 405 and the U.S. Route 101, allowing convenient travel throughout the San Fernando Valley and beyond. The property is also located near California State University, Northridge, one of the largest universities in the region, which contributes to strong and consistent rental demand. Additionally, Van Nuys Airport is just a short drive away, adding further convenience for residents and visitors. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Location

17926 Schoenborn St

Northridge, Los Angeles, CA, 91325