9014 Wilbur Avenue, Northridge, CA 91324

$1,700,000

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List Price
$1,700,000
Status
ACTIVE
MLS#
CV26098678
Year Built
1980
Lot Size
10,697
Acres
0.25
Lot Location
Rectangular Lot
Days on Market
80
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Located in the highly sought-after city of Northridge just minutes from California State University, Northridge, this outstanding 4-unit investment property offers a rare opportunity in one of the San Fernando Valley’s strongest rental markets. The property features two spacious 3-bedroom, 2-bathroom units, including one fully remodeled unit with modern upgrades and finishes, one brand-new 2-bedroom, 2-bathroom unit, and one studio unit with 1 bathroom. The diverse unit mix provides excellent income potential and appeals to a wide range of tenants, including students, professionals, and families seeking convenient access to CSUN, shopping, dining, and major freeways. With a combination of remodeled and newly constructed improvements, this property presents an attractive opportunity for investors looking for both immediate rental income and long-term appreciation potential. Additional 2 units property available next door All income, expenses, square footages, lot sizes, unit configurations, and other property details are approximate and deemed reliable but are not guaranteed. Buyer is advised to independently verify all information, including but not limited to permits, zoning, condition, income, expenses, and square footage through their own inspections and due diligence.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$125,640
Operating Expense
21250

Listing courtesy of Listing Agent: Taffy Bishara (tb@tbishara.com) from Listing Office: RE/MAX OLYMPIC.

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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.