REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,425,000
Est. payment | /mo
6 Beds
4 Baths
7,321 Sqft Lot
$ 1,425,000
Est. payment | /mo
6 Beds
4 Baths
7,321 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25131036
Bedrooms 6
HOA Y/N No
Lot Size 7,321 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This exceptional 6-unit multifamily property is a turnkey investment opportunity in the heart of Northridge. 4 out of 6 are vacant and completely remodeled unitseach thoughtfully upgraded with new flooring, recessed lighting, modern kitchens and bathrooms, and dual pane vinyl windows throughout. The property includes 6 covered and gated parking spaces, new vinyl fencing around all private patios, and offers 4 of 6 units delivered vacantideal for investors or owner-users seeking immediate upside potential. With conservative pro forma rent projections, this asset is being marketed at an attractive 9.31 gross rent multiplier, not including potential for laundry or storage income.
This exceptional 6-unit multifamily property is a turnkey investment opportunity in the heart of Northridge. 4 out of 6 are vacant and completely remodeled unitseach thoughtfully upgraded with new flooring, recessed lighting, modern kitchens and bathrooms, and dual pane vinyl windows throughout. The property includes 6 covered and gated parking spaces, new vinyl fencing around all private patios, and offers 4 of 6 units delivered vacantideal for investors or owner-users seeking immediate upside potential. With conservative pro forma rent projections, this asset is being marketed at an attractive 9.31 gross rent multiplier, not including potential for laundry or storage income.
This exceptional 6-unit multifamily property is a turnkey investment opportunity in the heart of Northridge. 4 out of 6 are vacant and completely remodeled unitseach thoughtfully upgraded with new flooring, recessed lighting, modern kitchens and bathrooms, and dual pane vinyl windows throughout. The property includes 6 covered and gated parking spaces, new vinyl fencing around all private patios, and offers 4 of 6 units delivered vacantideal for investors or owner-users seeking immediate upside potential. With conservative pro forma rent projections, this asset is being marketed at an attractive 9.31 gross rent multiplier, not including potential for laundry or storage income.
Location
State CA
County Los Angeles
Area Northridge (91325)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $92
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Zorik Dadoyan • Equity Union
"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."