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Residential Income Property with Pool
For Sale
$2,158,000

18724 Chase St, Northridge, CA

Ten-bedroom residence includes a permitted junior ADU, office/flex space, and substantial on-site parking.

Days on Market22

Property Features for 18724 Chase St

General Information

Standard status Active
Property subtype Business Opportunity
Listing Agency: Socal Platinum Properties
Listed By: Christine Alanes · License #02207866
Source: Exprealty
Added: Jul 13 Changed: Aug 2 Last Checked: Aug 2 at 2:35AM

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 Socal Platinum Properties

Investment Insights

Based on property information with market context.

This residential income property comprises approximately 3, 743 sq. ft. with a 10-bedroom, 8-bathroom main residence, including a permitted 1-bedroom, 1-bathroom Junior ADU at 18724 1/2. An office/flex area adds functional space. Interior features include wide hallways, two ADA-compliant bathrooms, a fire alarm system, laminate flooring, updated bathrooms, ceiling fans, and individual mini-split heating and cooling systems in every bedroom. The property is fully occupied with a combination of long-term and mid-term rentals.

Outdoor improvements include a private pool, storage shed, mature shade trees, a fully fenced lot, and on-site parking for approximately 12-15 vehicles. The driveway sits around 100 yards from the main house. Located in Northridge near CSUN, major hospitals, shopping, dining, and freeway access, the property was historically operated as a residential care facility under prior ownership. Any future residential housing, care, co-living, or mid-term housing use remains subject to buyer verification of zoning, licensing, permits, and applicable governmental requirements.

Key Highlights

  • Approximately 3, 743 sq. ft. with a 10‑bedroom, 8‑bathroom main residence
  • Permitted 1‑bedroom, 1‑bathroom Junior ADU at 18724 1/2
  • Fully occupied with long‑term and mid‑term rental mix

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

2,162
Businesses Nearby

Market

Properties on Market for Residential income properties in Northridge

Feb
Mar
Apr
May
Jun
Jul

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?
Residential income property - Ten-bedroom residence includes a permitted junior ADU, office/flex space, and substantial on-site parking.
Where is this residential income property located?
The property is located at 18724 Chase St Northridge, CA.
What is the asking price?
The asking price for this property is $2,158,000.
What are key features of this property?
This property features: Approximately 3, 743 sq. ft. with a 10‑bedroom, 8‑bathroom main residence; Permitted 1‑bedroom, 1‑bathroom Junior ADU at 18724 1/2; Fully occupied with long‑term and mid‑term rental mix
More about this property
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