A Dream Come True. This Property keeps on Giving. 3 UNITS. Total 6 Bedrooms and 4 Baths. 2436 sqft of Structure and 9480 sqft of LOT Size. Multi-Unit Investment Opportunity. Main House is 2 Bedroom 1 Bath with a HUGE Backyard the size of a Park. Feel the Zen and Serenity and hear the Lovely birds chirping. Newly renovated with stainless steel appliances. Open Floor plan with Lots of Sunlight. Wood flooring, Central AC & Heating. Washer/Dryer/Refrigerator included. Tankless water heater. Paid off Solar panels installed in 2016. Main House is currently Vacant but previously, it was being leased for $3475. The ADU is 2 Bedrooms, 2 Baths, 862 Sqft, Built in 2021. ADU address is 8448 Calvin. ADU has a Private entrance and a separate backyard. Washer and Dryer inside the Unit. Tankless water heater, Double Pane windows. Partial High Ceilings. ADU is currently leased for $2875. The 3rd separate Unit Known as the "Private Suite", was Built in 2016. This unit is 2 Bedrooms and 1 Bath and has its own Private Entrance and backyard. The Private Suite is currently leased for $2540. Perfect for owner user or Investor. Potential Rental income $9000/Month. Tenants pay for All Utilities. Sky is the limit with this property. Welcome to your Oasis. Prime Location near CSUN, Costco, Porto's Bakery, Northridge Mall, 24-Hour Fitness, Parks, Restaurants, In-N-Out and Much more. U-Shaped, Gated driveway with 2 automated Doors. Make this a Perfect place to call Home. You will LOVE this place.
It is located in a great area with full potential, excellent light, and mixed with shaded trees. The property has incredible 2+1 units with an upside in rents. The building offers parking for the tenants (no tuck-under) and a good roof with no maintenance, making it perfect for first-time buyers and INVESTORS. The building also qualifies for residential financing, which is ideal for a first-time Buyer. The property is fully occupied, so please do not disturb the tenants!!
Unique Opportunity! One of few Four-unit properties available for sale in Northridge for the prudent investor or owner-user, with good rental upside, consisting of one Duplex and Two ADUs. Located in the heart of Northridge, minutes from CSUN and local shopping centers, and close to the 101, the 405 and the 118 freeways. The existing SFR was fully renovated with new roof, new electrical, new plumbing and new cabinetry. One more unit and Two ADUs were added. All four structures are single level and have separate electric and gas meters, new tank-less water-heaters, laundry hook-ups and central A/C system. The Two ADUs nave new solar panels. The property features a motorized security gate. The potential GOI establishes a Low Cap Rate. Owner would need to pay the water bill. The two ADUs are vacant. The two other units are occupied by owners. Available now. Current Owner/User would like to sign a year rental contract at prevailing market rates for the two occupied units, but can move out if buyer requires it. By appointment with the agent only; please do not disturb current owner/tenants.
Great Assumable Financing: 4.78% Rate, Interest Only, 43% LTV
Great Assumable Financing: 4.78% Rate, Interest Only, 45% LTV
The median home value in Northridge, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Northridge, CA is $912,500. Approximately 33.96% of Northridge homes are owned, compared to 58.13% rented, while 7.92% are vacant. Northridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Northridge real estate agent to arrange a tour today!
Northridge 91324 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.