18356 Napa St, Northridge, CA 91325 - View 1
18356 Napa St, Northridge, CA 91325 - View 2
18356 Napa St, Northridge, CA 91325 - View 3
18356 Napa St, Northridge, CA 91325 - View 4
18356 Napa St, Northridge, CA 91325 - View 5
18356 Napa St, Northridge, CA 91325 - View 6
18356 Napa St, Northridge, CA 91325 - View 7
18356 Napa St, Northridge, CA 91325 - View 8
18356 Napa St, Northridge, CA 91325 - View 9
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18356 Napa St, Northridge, CA 91325 - View 11
18356 Napa St, Northridge, CA 91325 - View 12
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18356 Napa St, Northridge, CA 91325

List Price: $4,300,000On Market FlagOn market
Aug 13, 20254,480 sqft10 beds8 baths
Listed by: Jason Vollmer
License #: 01947472
Phone #: (805) 405-6006
Beverly and Company Inc.
Source:
CRMLS Logo
MLS #: 225004141

Property Description

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)
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$23,340

TurboHome Estimated Value

$2,928,000

$654 sqft

High Valuation
$3,074,400
$686/sqft
Normal Valuation
$2,928,000
$654/sqft
Low Valuation
$2,781,600
$621/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$654/sqft$2,928,000

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