Value-Add Investment Opportunity – 16-Unit Multifamily Property in the Heart of NorthridgeRare chance to acquire a 16-unit multifamily property in a prime Northridge location! This well-maintained asset comprises two buildings on separate lots, featuring twelve 1-bedroom, 1-bath units, and four 2-bedroom, 1-bath units. Built in 1986 and is a non RSO building, this property offers immediate upside potential for investors. Recent upgrades include two newer water heaters, copper plumbing throughout, including the mainline, and a roof tune-up. Each unit has been enhanced with low-flow toilets, optimizing water efficiency.The property provides 24 parking spaces, an attractive feature in this high-demand rental area. Additionally, there is potential for an ADU in the rear, creating an opportunity for further value-add and income generation. Located near shopping, dining, and transportation hubs, this property is perfectly positioned for long-term appreciation and stable cash flow.With Northridge seeing strong rental demand and limited opportunities like this, don’t miss your chance to own this high-potential multifamily investment! (Buyer to verify possibility of ADU)
Property Details
Price:
$4,300,000
MLS #:
225004141
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
nrnorthridge
Listed Date:
Aug 13, 2025
Lot Size:
7,230 sqft / 0.17 acres (approx)
Year Built:
1986
See this Listing
Schools
Interior
Appliances
Water Heater
Flooring
Wood
Laundry Features
Individual Room
Exterior
Architectural Style
Traditional
Construction Materials
Stucco, Other
Parking Features
Covered, Driveway, Other
Parking Spots
24.00
Security Features
Smoke Detector(s), Automatic Gate
Financial
Map
Community
- Address18356 Napa Street Northridge CA
- NeighborhoodNR – Northridge
- CityNorthridge
- CountyLos Angeles
- Zip Code91325
Subdivisions in Northridge
Market Summary
Current real estate data for Residential Income in Northridge as of Oct 19, 2025
9
Residential Income Listed
160
Avg DOM
$4,265,889
Avg List Price
Property Summary
- 18356 Napa Street Northridge CA is a Residential Income for sale in Northridge, CA, 91325. It is listed for $4,300,000
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