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Listed by Brad Wiseman • Equity Union
$ 6,800,000
Est. payment /mo
Active
18350 Napa Northridge, CA 91325
0.68 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25246131
Year Built 1964
Lot Size 0.677 Acres
Source California Regional MLS
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 la
Location
State CA
County Los Angeles
Area Nr - Northridge
Interior
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Garage Spaces 23.0
Pool Community Facility
Building
Water District - Public
Others
Tax ID 2786024049
Special Listing Condition Not Applicable
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