Northridge (los Angeles), CA 91325,18350 Napa
Northridge (los Angeles), CA 91325,18350 Napa
Northridge (los Angeles), CA 91325,18350 Napa
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Listed by Brad Wiseman • Equity Union
$6,800,000
Est. payment /mo
22,657 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 22,657 sqft

Price per Sqft $300

MLS Listing ID CRSR25246131

HOA Y/N No

Year Built 1964

Lot Size 0.677 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Rare 34-Unit Courtyard Community in Northridge - Pool, Private Courtyard & Exceptional Value-Add Potential This charming 34-unit apartment community is ideally located in the heart of Northridge, one of the San Fernando Valley's most desirable rental markets. Built around a beautifully landscaped central courtyard with a sparkling pool, the property combines strong curb appeal with meaningful value-add opportunities. Featuring a well-balanced unit mix of studios, one- and two-bedroom layouts (plus select larger units), the community appeals to a wide tenant base of students, young professionals, and small families-ensuring consistent occupancy and stable cash flow. The central pool and recreation area serve as a vibrant focal point, enhancing resident satisfaction and rental demand. With solid fundamentals and classic construction, the property is ideally positioned for modernization. Upgrading interiors-kitchens, baths, flooring, lighting, and fixtures-offers a clear path to higher rents and improved asset value. Additional upside can be realized through utility re-billing or RUBS implementation, operational efficiencies, and amenity enhancements such as refreshed outdoor furniture, lighting, and BBQ/lounge zones. Investor appeal is further strengthened by on-site laundry, stora

Location

State CA

County Los Angeles

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area


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Amber Hom

Amber Hom

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Agent | License ID: 01281043

Agent License ID: 01281043

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18350 Napa