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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 units"”each 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 vacant"”ideal 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.
Property Type(s):
Residential Income
| Last Updated | 6/11/2025 | Year Built | 1959 |
|---|---|---|---|
| Community | NR - Northridge | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AREA | NR - Northridge |
|---|---|
| GARAGE | Yes |
| LOT | 7322 sq ft |
| LOT DESCRIPTION | Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Equity Union
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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