18356 Napa St Northridge, CA 91325-3659
Property Lookup
Property profile & analytics
18356 Napa St Northridge, CA 91325-3659
- Apartment buildings
- 4,480 SF
- 0.17 lot acres
Property ID
US09-6677109
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 18356 Napa St
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 4,480 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 2786-024-034
- APU
- 2786024034
Description
This exceptional 16-unit apartment building presents a compelling value-add investment opportunity in the desirable Northridge neighborhood of Los Angeles, California. Situated on a 14,460 square foot lot, this property consists of two, two-story buildings totaling 8,960 square feet, built in 1986. The property features a mix of twelve one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, each enhanced with low-flow toilets. The complex offers 24 parking spaces, a significant advantage in this high-demand rental market. Recent improvements include new water heaters, updated copper plumbing throughout, including the main line, and roof maintenance. The property is zoned LAR3 and offers potential for an Accessory Dwelling Unit (ADU) in the rear, providing further upside potential for increased income and value. Currently priced at $4,350,000 ($271,875 per unit), this property boasts a 5.60% cap rate with a pro-forma cap rate of 7.32%. Its prime location near shopping, dining, and transportation ensures strong rental demand and long-term appreciation. The absence of rent control adds to its investment appeal. This is a rare opportunity to acquire a well-maintained, income-producing asset in a thriving Los Angeles market. (Buyer to verify ADU feasibility). APN: 2786024034.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,135,000
- ML approach
- $2,135,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,462,000
Market price range: $972k - $1.46M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $2,435,000
- OFFICE BUILDING
- $2,250,000
- MEDICAL BUILDING
- $2,040,000
- NEIGHBORHOOD: SHOPPING CENTER
- $1,895,000
- RETAIL STORES
- $1,840,000
- COMMERCIAL (GENERAL)
- $1,340,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Northridge
- County
- Los Angeles
- State
- California
- Longitude
- -118.534
- Latitude
- 34.2262
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,589
$730,801
$643,876
$1,374,677
-
$0.00
$0.00
$0.00
