18315 Malden, Northridge, CA 91325

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
PF26138203
Year Built
1959
Lot Size
7,923
Acres
0.18
Lot Location
Street Level
Days on Market
34
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Excellent multifamily investment opportunity in Northridge. This well-maintained eight-unit property features a desirable unit mix consisting of two 2BD/2BA units, one 2BD/1BA unit, two 1BD/1BA units, and three studio apartments, appealing to a broad tenant base of students, professionals, and families. Each unit is individually metered for gas and electricity, helping minimize owner expenses. Residents enjoy on-site parking, additional storage, and convenient on-site laundry facilities. Ideally located near Northridge Fashion Center, the property offers convenient access to shopping, dining, entertainment, grocery stores, parks, and everyday services. Nearby California State University, Northridge (CSUN), is in proximity to the Northridge Metrolink Station and the 405, 101, and 118 freeways. Van Nuys Airport is also just a short drive away.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$149,050
Operating Expense
62693

Listing courtesy of Listing Agent: Gaynell Wigington (gaynellwigington@gmail.com) from Listing Office: Elite Class Realty Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.