18356 Napa Street

Northridge, CA 91325

$4,000,000

List Price

10

bed Beds

8

shower Baths

4,480 sqft

straighten / sqft

1986

calendar_month Built

Property Description

Call Ifti for showing: We are proudly presenting 16 Units consisting of 2-buildings, located at 18356 & 18360 Napa St. Northridge CA 91325, with 8 units each building, making the subject property consisting total of 16 units multifamily. Subject property has an excellent unit mix. Introducing an exceptional investment opportunity in Northridge, CA's vibrant San Fernando Valley! Enjoy a steady income stream with this well-maintained 18356 & 18360 NAPA STREET, featuring 16 units spread over 8,960 SF on two parcels with a combined land size of 14,425 SF. Built in 1986, this multifamily gem boasts a favorable current NOI of $234,172. This property is a prime addition to your portfolio at a listing price of $4,000,000.Each unit presents a mix of 1- and 2-bedroom layouts with current and market-savvy rents, showcasing a potential NOI of $311,811. With a central location in the West SFV submarket and proximity to amenities, this property is not just an investment, but an opportunity for growth in the thriving rental market. Don't miss out on 18356 & 18360 NAPA STREET. (Buyer to do its own Due Diligence).

Listing Information

List Price $4,000,000
Status Active
MLS 224003137
Type Residential Income
Year Built 1986
Lot Size 7,230
Structure Size 4,480
DOM 1
Courtesy Of Rex Real Estate and Investments, Inc.
Listing Agent Iftikhar Sheikh DRE#00876980

Interior Features

Laundry Information
Location(s) Outside
Total Bedroom
Bedrooms 10
Total Bathroom
Bathrooms 8
Flooring Information
Material Laminate, Wood

Exterior Information

Maps

Listing information courtesy of: Iftikhar Sheikh, Rex Real Estate and Investments, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 8th, 2024 at 4:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.