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This well-maintained quadruplex offers four spacious 2-bedroom, 2-bathroom units, each designed for comfortable living with desirable layouts and strong long-term tenant appeal. With significant rental upside, this property presents an excellent opportunity for increased revenue.A key highlight is the potential to add an ADU replacing the carport, maximizing the property's value and creating an additional income stream. ADU permits will be delivered in escrow, allowing for a seamless transition for the next owner. The income can be increased annually with the ADU, further enhancing the property's long-term investment potential. Located in a prime Northridge location, the property benefits from high rental demand, strong area growth, and proximity to major employment centers, universities, shopping, dining, and transportation hubs. This is a fantastic investment for those seeking stable cash flow with significant long-term appreciation potential. A must-consider property for savvy investors looking to capitalize on the thriving Northridge rental market!
Property Type(s):
Commercial
| Last Updated | 3/18/2025 | Year Built | 1963 |
|---|---|---|---|
| Community | Northridge | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Northridge |
| HEAT | Wall Furnace |
| LOT | 7500 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with JohnHart Real Estate
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