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Listed by James Antonucci • Keller Williams Realty-Studio City
$ 1,250,000
Est. payment | /mo
4,962 SqFt
$ 1,250,000
Est. payment | /mo
4,962 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,962 sqft
Price per Sqft $251
MLS Listing ID CRSR25079573
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1959
Lot Size 7,322 Sqft
Property Sub-Type Other
Property Description
Nestled in the heart of Northridge, this well-maintained six-unit multifamily property offers a diverse unit mix of four 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one spacious 3-bedroom, 2-bath unit. With a variety of layouts, the property appeals to a broad tenant base, from students and professionals to families seeking a comfortable and well-located residence. This investment opportunity is enhanced by on-site secure carport parking, providing tenants with both convenience and peace of mind. Each unit is individually metered for gas and electricity, ensuring an efficient and cost-effective management structure. Additionally, the property boasts tremendous rental upside, making it a prime candidate for long-term appreciation and increased revenue potential. Strategically located, Cal State University Northridge (CSUN) is just minutes away, ensuring strong rental demand from students, faculty, and staff. The property is also a short distance from Northridge Fashion Center, Northridge Costco, and a variety of shopping, dining, and entertainment options, enhancing its appeal to prospective tenants. Commuters will appreciate the easy access to the I-405 Freeway and proximity to the Northridge Transit Station, providing seamless connectivity to greater Los Angeles. Ad
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Water Public
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