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$1,995,000
SR26139389 MLS ⋅ Active Under Contract Status
A rare opportunity to own a fully permitted four unit property in the heart of Northridge, offering exceptional cash flow, quality construction, and long term upside. Situated on a quiet residential street, this property spans an expansive, flat, approximately 12,289 square foot lot and features four thoughtfully designed units on a single APN. The front residence was completely renovated in 2019 and offers approximately 2,172 square feet with 3 bedrooms, 2 bathrooms, and a large private backyard, making it an ideal owner user residence or premium rental. Tucked behind the front home are three additional units consisting of a spacious 2 bedroom, 2 bathroom residence of approximately 1,156 square feet and two studio units of approximately 370 square feet each, all newly constructed in 2020. The property is further enhanced by owned, fully paid off solar, providing long term energy savings and added value. Additional highlights include a large circular driveway, ample street parking, expansive backyard and common areas, and an on site security camera system. Currently fully occupied, the property has been owned, maintained, and developed by a seasoned builder with an established track record of constructing high quality four unit properties throughout the San Fernando Valley. Conveniently located near highly rated schools, shopping, dining, and everyday amenities, this is a rare investment opportunity in one of Northridge's most desirable residential neighborhoods.

10228 Encino Avenue, Northridge
$1,700,000
CV26098678 MLS ⋅ Active Status
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.

9014 Wilbur Avenue, Northridge

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.