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
Beds:
10
Baths:
8
Type:
Single Family
Neighborhood:
nr
Listed Date:
Aug 13, 2025
Finished Sq Ft:
4,480
Lot Size:
7,230 sqft / 0.17 acres (approx)
Year Built:
1986
See this Listing
Schools
Interior
Appliances
WHU
Bathrooms
8 Full Bathrooms
Flooring
WOOD
Laundry Features
IR
Exterior
Architectural Style
TRD
Construction Materials
OTH, STC
Parking Spots
24
Security Features
SD, AG
Financial
Map
Community
- AddressNapa ST Northridge CA
- CityNorthridge
- CountyLos Angeles
- Zip Code91325
Subdivisions in Northridge
Market Summary
Current real estate data for Single Family in Northridge as of Oct 30, 2025
91
Single Family Listed
34
Avg DOM
326
Avg $ / SqFt
$921,388
Avg List Price
Property Summary
- Napa ST Northridge CA is a Single Family for sale in Northridge, CA, 91325. It is listed for $4,300,000 and features 10 beds, 8 baths, and has approximately 4,480 square feet of living space, and was originally constructed in 1986. The current price per square foot is $960. The average price per square foot for Single Family listings in Northridge is $326. The average listing price for Single Family in Northridge is $921,388.
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