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18356 Napa

Northridge, CA 91325
  • $4,200,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: SR26084303
$4,200,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1986
County:

School Ratings & Info

Listing Agent(s): Brad Wiseman of Equity Union (818-989-2000) and Wynn Sherman of Equity Union(818-989-2000)


Description

Exceptional investment opportunity in the heart of Northridge. Located at 18356–18360 Napa Street, this well-maintained multifamily property consists of 16 total units across two buildings, offering a combined 8,960 square feet of rentable space situated on a 14,400 square foot lot.Constructed in the mid-1980s, the property features a desirable low-rise, garden-style layout with efficient unit configurations that appeal to a strong and consistent tenant base. Amenities include on-site parking, private balconies in select units, and shared laundry facilities.Positioned in a high-demand rental market, the property benefits from close proximity to California State University, Northridge, major shopping centers, dining, and convenient access to the 101 and 405 freeways. This location continues to attract students, professionals, and long-term renters alike.With solid in-place income and upside potential through interior upgrades and rental repositioning, this asset presents an excellent opportunity for both seasoned investors and those seeking to expand their multifamily portfolio in a stable, growth-oriented submarket.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-19T00:28:22.46. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175766856
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18356 Napa Northridge, CA 91325

  • Price: $4,200,000
  • Status: Active
  • On Site: 24 Days
  • ID#: SR26084303
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1986
Built
Neighborhood:
NR - Northridge
County:
Los Angeles
Area:
NR - Northridge
Property Description
Exceptional investment opportunity in the heart of Northridge. Located at 18356–18360 Napa Street, this well-maintained multifamily property consists of 16 total units across two buildings, offering a combined 8,960 square feet of rentable space situated on a 14,400 square foot lot.Constructed in the mid-1980s, the property features a desirable low-rise, garden-style layout with efficient unit configurations that appeal to a strong and consistent tenant base. Amenities include on-site parking, private balconies in select units, and shared laundry facilities.Positioned in a high-demand rental market, the property benefits from close proximity to California State University, Northridge, major shopping centers, dining, and convenient access to the 101 and 405 freeways. This location continues to attract students, professionals, and long-term renters alike.With solid in-place income and upside potential through interior upgrades and rental repositioning, this asset presents an excellent opportunity for both seasoned investors and those seeking to expand their multifamily portfolio in a stable, growth-oriented submarket.
Exterior Features

Carport YN Yes Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 16 Parking Features Attached CarportAssignedCoveredCarportOn StreetTandem Parking Total 24 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.42 Common Interest None Community Features Street LightsSidewalksValley Electric Expense 19761 Garage YN Yes Gross Income 387060 Gross Scheduled Income 378160 Insurance Expense 6395 Land Lease YN No Laundry Features Common AreaLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 12396 Net Operating Income 267618 New Construction YN No New Taxes Expense 52500 Number Of Separate Gas Meters 16 Number Of Separate Water Meters 1 Number Of Units Leased 15 Operating Expense 109930 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 335146 Trash Expense 0 Vacancy Allowance 11612 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-19T00:28:22.46. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Brad Wiseman of Equity Union (818-989-2000) and Wynn Sherman of Equity Union(818-989-2000)