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Listed by Brad Wiseman • Equity Union
$6,800,000
Est. payment /mo
22,651 SqFt
New
18350 Napa Northridge (los Angeles), CA 91325
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 22,651 sqft
Price per Sqft $300
MLS Listing ID CRSR25246131
HOA Y/N No
Year Built 1964
Lot Size 0.677 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Rare 34-Unit Courtyard Community in Northridge - Pool, Private Courtyard & Exceptional Value-Add Potential This charming 34-unit apartment community is ideally located in the heart of Northridge, one of the San Fernando Valley's most desirable rental markets. Built around a beautifully landscaped central courtyard with a sparkling pool, the property combines strong curb appeal with meaningful value-add opportunities. Featuring a well-balanced unit mix of studios, one- and two-bedroom layouts (plus select larger units), the community appeals to a wide tenant base of students, young professionals, and small families-ensuring consistent occupancy and stable cash flow. The central pool and recreation area serve as a vibrant focal point, enhancing resident satisfaction and rental demand. With solid fundamentals and classic construction, the property is ideally positioned for modernization. Upgrading interiors-kitchens, baths, flooring, lighting, and fixtures-offers a clear path to higher rents and improved asset value. Additional upside can be realized through utility re-billing or RUBS implementation, operational efficiencies, and amenity enhancements such as refreshed outdoor furniture, lighting, and BBQ/lounge zones. Investor appeal is further strengthened by on-site laundry, stora
Location
State CA
County Los Angeles
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
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