USACANorthridge18356 Napa St
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New
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$3,975,000

For Sale

3 days ago

18356 Napa St, Northridge, CA

House

MLS® 226004827

10 Bed

8 Bath

4480 sqft

24 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4480 sqft
Garage Yes
Taxes 
Days Active 3
Lot Size 0.166 Acres
Approx. Age 1986
Avg. Price Per Sqft $887
MLS® Number 226004827

Property Address: 18356 Napa St, Northridge, CA, 91325-3659

Average square foot calculated using Size range provided by listing agent.

Description

Value-Add 16-Unit Multifamily Investment in Northridge. 18356-18360 Napa Street presents an exceptional opportunity to acquire a well-maintained 16-unit multifamily asset consisting of two buildings on separate lots with approximately 8, 960 SF of rentable space on a combined 14, 400 SF lot. The property features an attractive unit mix of twelve 1-bedroom/1-bath units and four 2-bedroom/1-bath units, 24 parking spaces, shared laundry, and a reported non-RSO status. Built in 1986, the property has benefited from meaningful capital improvements including copper plumbing throughout and the mainline, two newer water heaters, a roof tune-up, and low-flow toilets. The investment offers immediate and future rental upside, with multiple units positioned for rent increases and one unit currently being remodeled/vacant. There may also be potential for an ADU at the rear, subject to buyer verification. Ideally located near CSUN, shopping, dining, entertainment, and major transportation corridors including the 101 and 405 freeways. Offered at $3, 975, 000, the property represents approximately a 6.28% current cap rate and 7.50% pro forma cap rate, based on the supplied rent roll and operating expenses. An excellent opportunity to acquire a well-located Northridge multifamily asset with current income, rental upside, and long-term value-add potential.
MLS® Number226004827
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1986
Basement
DrivewayCovered, Driveway, Other
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 9, 2026List Date
$3,975,000List Price
  • Commute

Commute

Starting Address
Destination Address
18356 Napa St, Northridge, CA

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