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    Multi-Unit Office Flex Warehouse Title is generated by Realmo AI

    18419 Napa St, Northridge, CA 91325

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    Five-unit flex and warehouse building with gated parking and a secured yard for owner-users and tenants.

    Type:INDUSTRIAL
    Property size:
    6,466 SF
    Price / SF:
    $286/SF
    Added:
    Jun 23, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 1 at 4:37 am

    Property Features for 18419 Napa St

    General Information

    Standard status
    Active
    Size
    6,466 SF
    Property subtype
    INDUSTRIAL

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    Randy Kobata

    Listing office Daum Commercial

    Listing date Jun 23, 2026

    Source Moodyscre

    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 Daum Commercial

    HighLights

    • Five‑unit flex and warehouse building with multi‑tenant setup
    • Gated parking and a secured yard area for owner‑users and tenants
    • Owner‑user opportunity with additional rental income
    • Building consists of 5 separate units

    Overview

    This multi-tenant office/flex/warehouse building offers a flexible mix of space across five separate units. The property is configured to support different operational needs while sharing a common building framework, making it suitable for an owner-user that wants to occupy one unit and lease additional units.

    The building includes gated parking and a secured yard area, providing controlled outdoor space and parking for occupants. The asset is offered for sale at 18419 Napa St in Northridge, CA 91325.

    With its office/flex/warehouse composition and multiple independent units, the property can fit a range of light industrial and back-office users looking for both workspace and functional operating area. The gated and secured yard features can be particularly useful for tenants who need dependable, access-controlled loading or storage space on-site. For buyers considering an owner-user approach, the ability to generate additional rental income from the remaining units is built into the property’s multi-unit structure.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $251.4k $38.88
    − Vacancy −$46.8k −$7.23
    EGI $204.6k $31.65
    − OpEx −$51.2k −$7.91
    NOI $153.5k $23.74
    6,466 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.19M
    $1.92M – $2.56M (±1% cap)
    NOI $153,479 @ 7.0% cap · market cap 8.30%
    Second Best
    Warehouse
    $1.39M
    $1.22M – $1.63M (±1% cap)
    NOI $97,537 @ 7.0% cap · market cap 5.27%
    Theoretical Best
    Multifamily LT 5
    $131.00M
    $114.62M – $152.83M (±1% cap)
    NOI $9,169,809 @ 7.0% cap · market cap 495.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    TROYCO INC General Contractor

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Chipotle Mexican Grill — 9160 Reseda Blvd, Northridge, CA 91324
    • La's crepes — 9151 Reseda Blvd, Northridge, CA 91324

    Location Insight

    • Map
    • Local Demand
    City
    Northridge
    County
    Los Angeles
    State
    California
    Longitude
    -118.519
    Latitude
    34.2368

    FAQs

    What type of property is this?
    Flex space - Five-unit flex and warehouse building with gated parking and a secured yard for owner-users and tenants.
    Where is this flex space located?
    The property is located at 18419 Napa St Northridge, CA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Five‑unit flex and warehouse building with multi‑tenant setup; Gated parking and a secured yard area for owner‑users and tenants; Owner‑user opportunity with additional rental income
    (310) 717-4461 Call to check price and availability
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