Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Spacious Condo in Nordhoff Terrace Title is generated by Realmo AI

    19029 Nordhoff Street #108, Northridge, CA 91324

    View on Map
    Claim this Listing
    For Sale
    $460,000

    Turnkey 2-bedroom condo with resort-style amenities in Northridge.

    Type:Condominium
    Property size:
    1,496 SF
    Price / SF:
    $307/SF
    Added:
    Aug 22, 2025
    Days on Market:
    288
    Last Refresh:
    May 19 at 8:31 pm

    Property Features for 19029 Nordhoff Street #108

    General Information

    Standard status
    Active
    Size
    1,496 SF
    Property subtype
    Condominium

    Building Details

    Year Built
    1982

    We can help!

    Listing Contact
    Arthur Ambarchyan
    Arthur Ambarchyan

    Listing agent Arthur Ambarchyan License #01990969

    Listing office Keller Williams Realty Central Coast

    Listing date Aug 22, 2025

    Source Kw

    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 Keller Williams Realty Central Coast

    HighLights

    • Spacious 2‑bedroom, 2‑bathroom corner‑end unit with nearly 1,500 sq ft of living space.
    • Desirable Northridge location, walking distance to dining, shopping, and entertainment.
    • Enjoy resort‑style amenities including a pool, spa, and secure tandem parking.
    • Move‑in ready condition with bright, open living space and treetop views.
    • Well‑designed kitchen with plentiful cabinetry, pantry storage, and in‑unit laundry.
    • Master suite with walk‑in closet and private en‑suite bath.

    Overview

    Located in the Nordhoff Terrace complex, this turnkey 2-bedroom, 2-bathroom condo offers nearly 1,500 square feet of living space. The corner-end unit provides treetop views and a spacious balcony. The layout features an airy flow between the living and dining areas. The kitchen includes cabinetry, pantry storage, and in-unit laundry. The master suite has a walk-in closet and private en-suite bath. Nordhoff Terrace residents have access to amenities including a pool and spa, secure tandem parking, and guest parking. The property is located within walking distance of dining, shopping, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Northridge
    County
    Los Angeles
    State
    California
    Longitude
    -118.548
    Latitude
    34.2356

    Nearby Similar for Sale

    • $1,590,000
      2,620 SF

      Northridge Detox and Treatment Facility

      Licensed 6-bed residential detoxification and treatment facility in Northridge.
      9350 Tampa, Northridge, CA 91324
      View Details
    • $295,000
      2,620 SF

      Licensed Treatment Facility in Northridge

      Licensed 6-bed residential detoxification and treatment facility for sale.
      9350 Tampa Avenue, Northridge, CA 91324
      View Details
    • $1,250,000
      4,962 SF

      Northridge Multifamily Investment Opportunity

      Six-unit apartment building in a desirable Northridge location.
      17945 Roscoe Blvd, Northridge, CA 91325
      View Details
    • $925,000
      4,300 SF

      Mixed-Use Property in Northridge, CA

      Income-producing property with industrial, retail, and residential units.
      8760 Amigo, Northridge, CA 91324
      View Details
    • $1,295,000
      4,962 SF

      Northridge Multifamily Investment Opportunity

      Multifamily property in a strong rental market.
      17926 Schoenborn St, Northridge, CA 91325
      View Details
    • $1,099,000
      2,092 SF

      Renovated Northridge Home with ADU

      Newly renovated Northridge home with ADU and pool.
      18114 Schoenborn, Northridge, CA 91325
      View Details
    • $450,000
      816 SF

      Northridge Office Unit For Sale

      Office unit with 816 square feet available for purchase.
      9010 Corbin Ave. Unit 4, Northridge, CA 91324
      View Details
    • $4,200,000
      8,960 SF

      Northridge Multifamily Investment Opportunity

      Well-maintained 16-unit multifamily property in a high-demand rental market.
      18356 Napa, Northridge, CA 91325
      View Details
    • $1,250,000
      4,898 SF

      Northridge Multifamily Investment Opportunity

      Well-maintained 5-unit apartment building near CSUN.
      8807 Canby Ave, Northridge, CA 91325
      View Details
    • $1,800,000
      3,770 SF

      Office

      18417 Bryant Street, Northridge, CA 91325
      View Details
    • $1,199,000

      Renovated Northridge Home with ADU

      Newly renovated home with ADU and pool near CSUN.
      18114 Schoenborn, Northridge, CA 91325
      View Details
    • $175,000

      Established Restaurant Business Opportunity

      40-year established restaurant with beer and wine license in Northridge.
      Northridge, CA 91326
      View Details

    FAQs

    What type of property is this?
    Apartment building - Turnkey 2-bedroom condo with resort-style amenities in Northridge.
    Where is this apartment building located?
    The property is located at 19029 Nordhoff Street #108 Northridge, CA.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: Spacious 2‑bedroom, 2‑bathroom corner‑end unit with nearly 1,500 sq ft of living space.; Desirable Northridge location, walking distance to dining, shopping, and entertainment.; Enjoy resort‑style amenities including a pool, spa, and secure tandem parking.
    (818) 434-9911
    We can help!
    Listing Contact
    Arthur Ambarchyan
    Arthur Ambarchyan
    Real Estate License ID: 01990969
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19029 Nordhoff Street #108, Northridge, CA 91324
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!