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16-Unit Apartment Property
New
For Sale
$3,975,000

18356 Napa Street, Northridge, CA 91325

Residential Income, Northridge, CA

Property Size4,480 SF
Lot Size0.17 Acres
Price / SF$887.28
Days on Market3

Property Features for 18356 Napa Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 10, Bedroom 5, Bathroom 6, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 9, Bedroom 1, Bathroom 4, Bedroom 8, Bathroom 7, Bedroom 6, Bathroom 8, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 5, Laundry Room
Parking 24
Parking features Covered, Driveway
Lot features 2 - 4 Lots, Automatic Gate, Exterior Security Lights, Fully Fenced, Balcony
View Other
Subdivision NR - Northridge
Standard status Active
APN 2786024034
Size 4,480 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air

Amenities

shared laundry

Building Details

Year built 1986
Floors in Building 2
Number of units 1
Flooring type Simulated wood
Building materials Stucco
Architectural style Other
Listing Agency: Beverly and Company Inc.
Listed By: Jason Vollmer · License #01947472
Added: Oct 9 Last Checked: Oct 11 at 1:06AM
MLS# 226004827

Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Northridge apartment property comprises 16 units across two buildings on separate lots. The mix includes twelve one-bedroom, one-bath apartments and four two-bedroom, one-bath apartments. Shared laundry serves the property, and 24 parking spaces are provided. Built in 1986, the buildings have copper plumbing throughout, including the mainline, two newer water heaters, a roof tune-up, and low-flow toilets. One apartment is vacant and undergoing remodeling; the property information also notes that several units are positioned for rent increases.

The property is on Napa Street in Northridge, near CSUN, shopping, dining, and entertainment. The 101 and 405 freeways are identified as nearby transportation corridors. The supplied operating information reports a 6.28% current cap rate and a 7.50% pro forma cap rate.

Key Highlights

  • 16 apartments: twelve 1‑bedroom/1‑bath units and four 2‑bedroom/1‑bath units
  • Two buildings situated on separate lots
  • 24 parking spaces, with covered parking and driveway parking listed

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Butcher Veterinary Clinic Catering Service Travel Agency

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

16
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,782
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two buildings on separate lots provide a mix of one- and two-bedroom apartments with shared laundry and covered parking.
Where is this apartment building located?
The property is located at 18356 Napa Street Northridge, CA.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: 16 apartments: twelve 1‑bedroom/1‑bath units and four 2‑bedroom/1‑bath units; Two buildings situated on separate lots; 24 parking spaces, with covered parking and driveway parking listed
More about this property
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