#25493719, Robert Renshaw, Listing Office: REMAX COMMERCIAL & INVESTMENT REALTY
18356 Napa St Northridge, CA 91325
Property details
About 18356 Napa St
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)
Highlights
Summary
- MLS Number: 224004333
- MLS Name: CRMLS
- Office Name: Beverly and Company Inc.
- Office Phone: (805) 870-8448
- Office Email: michelle@beverlycompany.com
- Listing Agent: Jason Vollmer
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/9/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,350,000
18356 Napa St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 20, 2007 | Home Sold | $2,135,000 |
Oct 14, 2005 | Home Sold | $1,747,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,374,677 | $17,588 |
2023 | $1,347,723 | $17,261 |
2022 | $1,321,298 | $16,487 |
2021 | $1,295,391 | $16,277 |
2020 | $1,282,109 | $15,808 |
2019 | $1,256,971 | $15,654 |
2018 | $1,232,325 | $15,279 |
2017 | $1,208,163 | $15,279 |
History based on county public records data.
Nearby schools
4
Magnolia Science Academy 7
Public Charter KG-5
0.3 mi
•18355 Roscoe Blvd
7
Cantara Street School
Public District KG-5
0.7 mi
•17950 Cantara St
4
Napa Street Elementary
Public District KG-5
0.8 mi
•19010 Napa St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,699. Most Northridge, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 18356 Napa St
This home is located at 18356 Napa St in Northridge, CA and zip code 91325 in the The San Fernando Valley neighborhood. This 4,480 square foot home, which was built in 1986, sits on a 0.17 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $4,350,000.
In January 2025 more than 294 listings in Northridge, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. The number of listings in Northridge, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.