Est. cap rate

3.2%

Assumed rent, all units

$6,100/mo

Units

2

Price per unit

$575,000

Est. annual NOI

$36,600

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

5

Bathrooms

3

Building size

2,095 sqft

Lot size

8,499 sqft

Year built

1956

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

In Ground,Private

View

Pool

Status

Active

Days on market

18

MLS #

244190444

About this property

18114 & 18116 Schoenborn – Beautiful Newly Renovated Home with ADU and Pool in the Heart of Northridge Welcome to this beautifully renovated property located in the heart of Northridge. The main house features 4 bedrooms and 2 bathrooms with a spacious and functional layout. This home has been completely remodeled from head to toe with numerous upgrades throughout. Recent improvements include a new roof, new AC system, fully remodeled kitchen with new smart appliances. fully remolded bathrooms, new water heater, updated electrical and plumbing, and many new windows that bring in an abundance of natural light. Additional upgrades include new stucco, fresh interior and exterior paint, custom paneling, updated drywall, recessed lighting, new flooring throughout, , and the home also features a new front door and new sliding doors. The property offers a large backyard with a pool and many fruit trees, perfect for entertaining and outdoor enjoyment. In addition, the property includes a permitted ADU with 1 bedroom and 1 bathroom, featuring its own private entrance, making it ideal for rental income, guests, or extended family living. Conveniently located within walking distance to California State University, Northridge, and close to transportation, restaurants, and schools. A truly must-see property!

Location

18114 Schoenborn

Northridge, Los Angeles, CA, 91325