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$4,190,000
Est. payment /mo
4 Beds
4 Baths
0.31 Acres Lot
UPDATED:
10/26/2024 01:02 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24153299
Bedrooms 4
HOA Y/N No
Lot Size 0.313 Acres
Type of Financing Cash,Exchange
Property Description
This 17-unit residence is in a high-demand area conveniently located across from Northridge Middle School and Northridge Early Education Center and within walking distance of CSUN and Northridge Hospital. It is and ideal location for students, professionals, and retirees. There is tremendous potential for the investor who converts the available units to furnished, rentals for travel nurses and traveling professors for triple the rent. This building is for the investor who is happy with a modest, steady income or the more adventurous investor who has a team ready to move in and give this semi-urban "diamond in the rough" the makeover she needs to shine.
This 17-unit residence is in a high-demand area conveniently located across from Northridge Middle School and Northridge Early Education Center and within walking distance of CSUN and Northridge Hospital. It is and ideal location for students, professionals, and retirees. There is tremendous potential for the investor who converts the available units to furnished, rentals for travel nurses and traveling professors for triple the rent. This building is for the investor who is happy with a modest, steady income or the more adventurous investor who has a team ready to move in and give this semi-urban "diamond in the rough" the makeover she needs to shine.
This 17-unit residence is in a high-demand area conveniently located across from Northridge Middle School and Northridge Early Education Center and within walking distance of CSUN and Northridge Hospital. It is and ideal location for students, professionals, and retirees. There is tremendous potential for the investor who converts the available units to furnished, rentals for travel nurses and traveling professors for triple the rent. This building is for the investor who is happy with a modest, steady income or the more adventurous investor who has a team ready to move in and give this semi-urban "diamond in the rough" the makeover she needs to shine.
Location
State CA
County Los Angeles
Area Northridge (91325)
Zoning Assessor
Interior
Heating Electric
Cooling Wall/Window
Appliance Radiant
Air Conditioning Wall/Window
Exterior
Exterior Feature Stucco
Roof Type Rock/Gravel
Building
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $210
Acceptable Financing Cash, Exchange
Space Rent $7,355
Listing Terms Cash, Exchange
CFD/Mello-Roos Fee $2, 520
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Listed by Simon Mills • Mills Realty of California
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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