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Unique Opportunity! One of few Four-unit properties available for sale in Northridge for the prudent investor or owner-user, with good rental upside, consisting of one Duplex and Two ADUs.Located in the heart of Northridge, minutes from CSUN and local shopping centers, and close to the 101, the 405 and the 118 freeways. The existing SFR was fully renovated with new roof, new electrical, new plumbing and new cabinetry. One more unit and Two ADUs were added. All four structures are single level and have separate electric and gas meters, new tank-less water-heaters, laundry hook-ups and central A/C system. The Two ADUs nave new solar panels. The property features a motorized security gate.The potential GOI establishes a Low Cap Rate. Owner would need to pay the water bill.The two ADUs are vacant. The two other units are occupied by owners. Available now. Current Owner/User would like to sign a year rental contract at prevailing market rates for the two occupied units, but can move out if buyer requires it. By appointment with the agent only; please do not disturb current owner/tenants.
Property Type(s):
Residential Income
| Last Updated | 10/4/2024 | Year Built | 1952 |
|---|---|---|---|
| Community | Northridge | County | Los Angeles |
Price History
| Prior to Oct 4, '24 | $2,400,000 |
|---|---|
| Oct 4, '24 - Today | $2,250,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | 6 Burner Stove, Dishwasher, Refrigerator, Tankless Water Heater |
| AREA | Northridge |
| CONSTRUCTION | Stucco |
| GARAGE | Side by Side |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Quartz Counters |
| LOT | 5743 sq ft |
| LOT DESCRIPTION | Street Level |
| PARKING | Side By Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Available,Sewer Connected,Water Available,Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| ZONING | LAR2 |
Location
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Listed with Akron Realty
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