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

8

Building size

5,703 sqft

Lot size

7,923 sqft

Year built

1959

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

244143425

About this property

Excellent multifamily investment opportunity in Northridge. This well-maintained eight-unit property features a desirable unit mix consisting of two 2BD/2BA units, one 2BD/1BA unit, two 1BD/1BA units, and three studio apartments, appealing to a broad tenant base of students, professionals, and families. Each unit is individually metered for gas and electricity, helping minimize owner expenses. Residents enjoy on-site parking, additional storage, and convenient on-site laundry facilities. Ideally located near Northridge Fashion Center, the property offers convenient access to shopping, dining, entertainment, grocery stores, parks, and everyday services. Nearby California State University, Northridge (CSUN), is in proximity to the Northridge Metrolink Station and the 405, 101, and 118 freeways. Van Nuys Airport is also just a short drive away.

Location

18315 Malden

Northridge, Los Angeles, CA, 91325