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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$2,150,000

Est. payment - /mo

5,741 Sqft Lot

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UPDATED:

12/10/2024 05:27 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24173029

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1952

Lot Size 5,741 Sqft

Property Sub-Type Duplex

Property Description

Unique Opportunity! One of few Four-unit properties available for sale in Northridge for the prudent investor or owner-user, with good rental upside, consisting of one Duplex and Two ADUs.
Located in the heart of Northridge, minutes from CSUN and local shopping centers, and close to the 101, the 405 and the 118 freeways.
The existing SFR was fully renovated with new roof, new electrical, new plumbing and new cabinetry.
One more unit and Two ADUs were added. All four structures are single level and have separate electric and gas meters, new tank-less water-heaters, laundry hook-ups and central A/C system. The Two ADUs nave new solar panels. The property features a motorized security gate.
The potential GOI establishes a Low Cap Rate. Owner would need to pay the water bill.
The two ADUs are vacant. The two other units are occupied by owners.
Available now.
Current Owner/User would like to sign a year rental contract at prevailing market rates for the two occupied units, but can move out if buyer requires it.
By appointment with the agent only; please do not disturb current owner/tenants.

Location

State CA

County Los Angeles

Area Nr - Northridge

Zoning LAR2

Interior

Interior Features Quartz Counters, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance 6 Burner Stove, Dishwasher, Refrigerator, Tankless Water Heater

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Side By Side

Fence Good Condition, Vinyl

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Available, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 2785005006

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Konstantine Kabilafkas • Akron Realty • 310-597-7211

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18544 Bryant ST Northridge, CA 91324