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.
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)
1990 Construction offered at a 5.74% cap rate and $274/sf!!! The Granada Apartments, located at 10020 Zelzah Ave, is a gorgeous and immaculately maintained 50-unit apartment complex situated in prime Northridge, just 0.8 miles from the Cal State Northridge University campus. The on-site manager has been operating the property since 1995 and vetted only the best and most qualified tenants in the area. The building offers 110 secured and covered parking for the tenants, a beautiful swimming pool and spa for the hot summer days, and lovely common area tables and chairs for socializing. Ensuring both security and accessibility, the Granada Apartments are surrounded by beautiful landscaping and a welcoming community. DO NOT DISTURB THE TENANTS! Please call or email the listing agents to schedule a property tour. Thank you for your interest in 10020 Zelzah Ave and we look forward to working with you!
HOUSES AND A 2 STORY ADU WITH SEPARATE STREET ADDRESSES, MAIN HOUSE IS 3-BED, 2-BATH 1,407SF, THE DETACHED ADU IS APPROXIMATELY 1,197sf WITH 3-BED, 2.5 BATH, BUILT IN 2023 WITH METICULOUS ATTENTION TO DETAILS, THIS 2 STORY HOME HAS 10' CEILING THROUGHOUT THE HOUSE, THE MASTER BEDROOM HAS LARGE PRIVATE BALCONY,,, LAMINATE FLOORING THROUGHOUT, NEW STAINLESS APPLIANCES IN THE KITCHEN, MARBLE COUNTER TOPS, PLENTY OF CABINET SPACE AND A PANTRY, SPACIOUS LIVING ROOM. BATHROOMS WITH MARBLE COUNTER TOPS, RECESSED LIGHTING THROUGHOUT. LAUNDRY ROOM IN THE ATTACHED GARAGE EQUIPPED WITH WASHER & DRYER. THE MAIN HOUSE IS 3-BED, 2BATH LOCATED ON A 9967SQ FT CORNER LOT. FRONT DOOR ENTRY OPENS TO LARGE LIVING ROOM WITH VAULTED CEILINGS AND A FIREPLACE, FORMAL DINING ROOM. LARGE MASTE BEDROOM WITH VAULTED CEILINGS OWN BATHROOM, SPACIOUS KITCHEN OFFERS TILE COUNTERTOPS AND BACKSPLASH. THE OTHER 2 BEDROOMS ALSO HAVE VAULTED CEILINGS, ONE OF THE BEDROOM ALSO HAVE A SEPARATE ENTRY FROM BACK YARD.., LOCATED CLOSE TO CSUN,
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 91325 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%.