18356 Napa Street, Northridge, California image 1
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18356 Napa Street

Northridge, CA 91325
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$3,975,000 $16,758/Mo
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Bed 10

Bed

Bath 8

Bath

SqFt4,480

Sqft

SqFt7,230

Sqft(Lot)

Value-Add 16-Unit Multifamily Investment in Northridge. 18356-18360 Napa Street presents an exceptional opportunity to acquire a well-maintained 16-unit multifamily asset consisting of two buildings on separate lots with approximately 8,960 SF of rentable space on a combined 14,400 SF lot. The property features an attractive unit mix of twelve 1-bedroom/1-bath units and four 2-bedroom/1-bath units, 24 parking spaces, shared laundry, and a reported non-RSO status. Built in 1986, the property has benefited from meaningful capital improvements including copper plumbing throughout and the mainline, two newer water heaters, a roof tune-up, and low-flow toilets. The investment offers immediate and future rental upside, with multiple units positioned for rent increases and one unit currently bein g remodeled/vacant. There may also be potential for an ADU at the rear, subject to buyer verification. Ideally located near CSUN, shopping, dining, entertainment, and major transportation corridors including the 101 and 405 freeways. Offered at $3,975,000, the property represents approximately a 6.28% current cap rate and 7.50% pro forma cap rate, based on the supplied rent roll and operating expenses. An excellent opportunity to acquire a well-located Northridge multifamily asset with current income, rental upside, and long-term value-add potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,975,000

AD Id : 91772831

MLS Id : 226004827

Beds : 10

Lot Size : 7,230 Sq. Ft

Living Area Size : 4,480 Sq. Ft

Year Built : 1986

Garage : 24

County : Los Angeles

  • Map Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 8 Full Baths: 8

    Flooring Information

    Wood

  • Interior Features

    Appliances: WaterHeater
    Laundry Features: LaundryRoom

  • Heating & Cooling

    Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1986
    Construction Materials: Other, Stucco
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7230 Lot Size Acres: 0.166 Lot Size Source: PublicRecords Lot Size Square Feet: 7,230

  • Listing Price Information

    Listing Price: $3975000
    Cash, CashToExistingLoan, CashToNewLoan, Conventional, Submit

  • Tax Information

    Parcel Number: 2786024034

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 24 Covered, Driveway, Other

    Garage Information

    Has Garage: Yes Garage Space: 24

  • Location Information

    Security Features: SecurityGate,SmokeDetectors
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 00:42

MLS: 226004827 LISTED BY: Jason Vollmer, Beverly and Company Inc. 805-870-8448 SOURCE: CRMLS

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