Filip Niculete
This listing was posted on RealtyWW.
$1,425,000
Home For Sale In Northridge, California
Price:
$1,425,000
BR/BA:
10+ BR, 6 BA
Location:
18018 Schoenborn St, Northridge, CA
Description:
We are pleased to present 18018 Schoenborn St, a 6 unit multifamily property in Northridge, CA. Built in 1958, this 4, 800 square foot property sits on a 7, 320 square foot lot (0.17 acres), and it boasts a strong unit mix with (4) 2 bed / 1 bath units and (2) 1 bed / 1 bath units. The property offers parking at the rear alley of the lot with 6 gated carport parking spots, 1 spot per unit. This listing provides an investor a great value-add opportunity. The current mom-and-pop owner, who's owned this property for more than 30 years, has never tried to maximize rents on the property, opting for a more relaxed approach towards the tenants to avoid management headaches. This provides the buyer an opportunity to capture this nearly 40% upside potential in rents. Also, a savvy investor could consider adding an ADU to this property where the parking is in the back alley. 18018 Schoenborn is located in a safe, family friendly neighborhood, directly across the street from Northridge Middle School and within walking distance to Northridge Hospital Medical Center. It's just a short drive away from California State University, Northridge (CSUN) and the Northridge Fashion Center. The property offers a great place to live for tenants who commute to work with easy access to major freeways, including the 405 and 118, facilitating easy access throughout Los Angeles and beyond.For more details: https://realtyww.info/homes_northridge-d80858/for-sale_i69655564
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Home For Sale In Northridge, California
Home For Sale In Northridge, California is a 10+ BR 6.5 Bath Single-Family Homes for Sale at 18018 Schoenborn St in Northridge CA. Find other listings like Home For Sale In Northridge, California and listings near 18018 Schoenborn St by searching Oodle Classifieds for 10+ BR 6.5 Bath Single-Family Homes for Sale in Northridge CA.
Home For Sale In Northridge, California is a 10+ BR 6.5 Bath Single-Family Homes for Sale at 18018 Schoenborn St in Northridge CA. Find other listings like Home For Sale In Northridge, California and listings near 18018 Schoenborn St by searching Oodle Classifieds for 10+ BR 6.5 Bath Single-Family Homes for Sale in Northridge CA.