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44-Unit Multifamily Value-Add
For Sale
Contact for pricing
Pending

17821 Halsted St, Northridge, CA 91325

Built in 1985, this 44-unit apartment property includes recent roof, water heater, and select unit upgrades.

Property Size23,726 SF
Days on Market349

Property Features for 17821 Halsted St

General Information

Standard status Pending
Size 23,726 SF
Total Parking Spaces 74
Property subtype Multifamily
Zoning (Q)R3-1
Occupancy 90%
Investment Type Value Add

Additional Details

Multifamily Units 44

Building Details

Year Built 1985
Year Renovated 2023
Buildings 2
Stories 2
Units 44
Tenancy Multi
Listing Agency: Marcus & Millichap
Listed By: Kevin Green · License #CA 01420176
Source: Crexi
Added: Sep 23, 2025 Changed: Aug 8 Last Checked: Jul 24 at 6:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap

Investment Insights

Based on property information with market context.

Halsted Garden Apartments is a 44-unit, non-RSO multifamily property built in 1985, offered as a value-add acquisition. The property has received notable recent upgrades, including new roofs in 2023, new water heaters in 2020, and new heat/AC wall units as needed. Over the last several years, 23 of the 44 units have also seen countertop and flooring upgrades.

Located at 17821 Halsted St in Northridge, the property is adjacent to California State University, Northridge (CSUN), with the remarks noting it as an opportunity to benefit from durable demand tied to the campus.

Investment-specific renovation scope is outlined for both partially upgraded and classic finish units, with the materials listed for fully renovating 21 units and expanding the renovation approach in 23 partially upgraded units. The offering also references the potential for improved monthly rents and broader submarket fundamentals tied to low vacancy and strong renter demographics.

Key Highlights

  • 44‑unit apartment building built in 1985, non‑RSO value‑add opportunity adjacent to CSUN
  • Recent upgrades include new roofs (2023), new water heaters (2020), and new heat/AC wall units as needed
  • Unit improvements: countertops and flooring upgraded in 23 of the 44 units over the last several years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Food Market Grocery & Convenience Store Pharmacy Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby

Demographics for 91325, CA

35,250
Population
13,668
Households
2.6
Avg Household Size
37
Median Age
42%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
7,344
Density / Sq Mi
$92,602
Median Household Income
$39,434
Median Earnings
$1,924
Median Rent
$900,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1985, this 44-unit apartment property includes recent roof, water heater, and select unit upgrades.
Where is this apartment building located?
The property is located at 17821 Halsted St Northridge, CA.
What are key features of this property?
This property features: 44‑unit apartment building built in 1985, non‑RSO value‑add opportunity adjacent to CSUN; Recent upgrades include new roofs (2023), new water heaters (2020), and new heat/AC wall units as needed; Unit improvements: countertops and flooring upgraded in 23 of the 44 units over the last several years
More about this property
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