Northridge Multifamily Investment
18356 Napa Northridge, CA 91325
For Sale
$3,998,000
Well-maintained 16-unit multifamily property in a high-demand rental market.
Property Size8,960 SF
Lot Size0.33 Acres
Price / SF$446.21
Days on Market98
Property Features for 18356 Napa
General Information
Standard status
Active
Size
8,960 SF
Lot size
0.33 Acres
Property subtype
Investment
Building Details
Year Built
1986
Listing Agency:
(818) 444-8300
Listed By:
Wynn Sherman
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 11:05AM
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 Wynn Sherman
Investment Insights
Based on property information with market context.
This multifamily property, located in Northridge, presents an investment opportunity. Constructed in the mid-1980s, the property consists of 16 units across two buildings, offering 8,960 square feet of rentable space on a 14,400 square foot lot. The property features a low-rise, garden-style layout with efficient unit configurations. Select units include private balconies. On-site amenities include parking and shared laundry facilities. The property is positioned in a high-demand rental market, benefiting from close proximity to California State University, Northridge, major shopping centers, dining, and convenient access to the 101 and 405 freeways. The location attracts students, professionals, and long-term renters. The property has in-place income and upside potential through interior upgrades and rental repositioning. The bike score is 37, indicating it is somewhat bikeable. The walk score is 31, indicating car-dependent surroundings. The transit score is 34, indicating some transit options are available.
Key Highlights
- 16 units across two buildings in Northridge
- High‑demand rental market near California State University, Northridge
- Solid in‑place income with upside potential through upgrades
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 16-unit multifamily property in a high-demand rental market.
Where is this apartment building located?
The property is located at 18356 Napa Northridge, CA.
What is the asking price?
The asking price for this property is $3,998,000.
What are key features of this property?
This property features: 16 units across two buildings in Northridge; High‑demand rental market near California State University, Northridge; Solid in‑place income with upside potential through upgrades
