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$ 1,425,000
Est. payment | /mo
4,962 SqFt
$ 1,425,000
Est. payment | /mo
4,962 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,962 sqft
Price per Sqft $287
MLS Listing ID CRSR25131036
HOA Y/N No
Year Built 1959
Lot Size 7,321 Sqft
Acres 0.17
Property Sub-Type Other
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 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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Laundry Other
Building
Lot Description Paved
New Construction No
Others
Tax ID 2787007020

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Listed by Zorik Dadoyan • Equity Union
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "