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)
For sale
Listing Provided by:
Jason Vollmer DRE #01947472 805-870-8448,
Beverly and Company Inc.
$4,300,000
18356 Napa St, Northridge, CA 91325
10beds
4,480sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$4,180,300 Zestimate®
$960/sqft
$-- HOA
What's special
- 2 days
- on Zillow |
- 50 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 06:45pm
Listing Provided by:
Jason Vollmer DRE #01947472 805-870-8448,
Beverly and Company Inc.
Source: CRMLS,MLS#: 225004141
Originating MLS: Conejo Simi Moorpark AOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 8
Cooling
- Has cooling: Yes
Appliances
- Included: Water Heater
- Laundry: Laundry Room
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total interior livable area: 4,480 sqft
Property
Parking
- Total spaces: 24
- Parking features: Covered, Driveway, Other
- Garage spaces: 24
Accessibility
- Accessibility features: Other
Features
- Levels: Two,Multi/Split
- Stories: 2
- Entry location: Other
Lot
- Size: 7,230 Square Feet
Details
- Parcel number: 2786024034
- Lease amount: $0
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other, Stucco
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: Water Heater
Community & HOA
Community
- Security: Security Gate, Smoke Detector(s)
Location
- Region: Northridge
Financial & listing details
- Price per square foot: $960/sqft
- Date on market: 8/13/2025
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Submit
- Total actual rent: 308436
- Tenant pays: Electricity, Gas
- Loading
- Loading