18356 Napa Street
$4,350,000
20
8
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Description
Value-Add Investment Opportunity - 16-Unit Multifamily Property in the Heart of NorthridgeRare chance to acquire a 16-unit multifamily property in a prime Northridge location! This well-maintained asset comprises two buildings on separate lots, featuring twelve 1-bedroom, 1-bath units, and four 2-bedroom, 1-bath units. Built in 1986 and is a non RSO building, this property offers immediate upside potential for investors. Recent upgrades include two newer water heaters, copper plumbing throughout,...Value-Add Investment Opportunity - 16-Unit Multifamily Property in the Heart of NorthridgeRare chance to acquire a 16-unit multifamily property in a prime Northridge location! This well-maintained asset comprises two buildings on separate lots, featuring twelve 1-bedroom, 1-bath units, and four 2-bedroom, 1-bath units. Built in 1986 and is a non RSO building, this property offers immediate upside potential for investors. Recent upgrades include two newer water heaters, copper plumbing throughout, including the mainline, and a roof tune-up. Each unit has been enhanced with low-flow toilets, optimizing water efficiency. The property provides 24 parking spaces, an attractive feature in this high-demand rental area. Additionally, there is potential for an ADU in the rear, creating an opportunity for further value-add and income generation. Located near shopping, dining, and transportation hubs, this property is perfectly positioned for long-term appreciation and stable cash flow. With Northridge seeing strong rental demand and limited opportunities like this, don't miss your chance to own this high-potential multifamily investment! (Buyer to verify possibility of ADU)
- Listed by Jason Vollmer • DRE #01947472 • Beverly and Company Inc.
Property Details for 18356 Napa Street
Zoning
LAR3
StyleTraditional
Accessibility FeaturesOther
Property Attached YNtrue
Parcel Number2786024034
Total Units16.0
Living Area4480
AreaNorthridge (NR)
LISTING UPDATED: 11/06/2024 08:29 PM
Property Details for 18356 Napa Street
Status | Active |
---|---|
MLS # | 224004333VC |
Days on Market | 67 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1986 |
Lot Size | 0.17 AC / 7,230 SF |
County | Los Angeles County |
Building Information for 18356 Napa Street
Stories2Residences-Year Built1986Building Size-Lot Size0.17 AC / 7,230 SF
Property Information for 18356 Napa Street
Property History for 18356 Napa Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 18356 Napa Street
Taxable ValueLand$730,801Additions$643,876Total$1,374,677
Tax Record2024$17,589 ($1,466 / month)
Home Facts
Total Finished SqFt4,480 SqFtAbove Grade Finished SqFt4,480 SqFtLot Size7,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningLAR3CountyLOS ANGELESAPN2786-024-034
Schools near 18356 Napa Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cantara Street Elementary School PublicK to 5 | ||
Northridge Middle School Public6 to 8 | ||
Northridge Academy High Public9 to 12 | ||
Valley Academy Of Arts And Sciences Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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