A Dream Come True. This Property keeps on Giving. 3 UNITS. Total 6 Bedrooms and 4 Baths. 2436 sqft of Structure and 9480 sqft of LOT Size. Multi-Unit Investment Opportunity. Main House is 2 Bedroom 1 Bath with a HUGE Backyard the size of a Park. Feel the Zen and Serenity and hear the Lovely birds chirping. Newly renovated with stainless steel appliances. Open Floor plan with Lots of Sunlight. Wood flooring, Central AC & Heating. Washer/Dryer/Refrigerator included. Tankless water heater. Paid off Solar panels installed in 2016. Main House is currently Vacant but previously, it was being leased for $3475. The ADU is 2 Bedrooms, 2 Baths, 862 Sqft, Built in 2021. ADU address is 8448 Calvin. ADU has a Private entrance and a separate backyard. Washer and Dryer inside the Unit. Tankless water heater, Double Pane windows. Partial High Ceilings. ADU is currently leased for $2875. The 3rd separate Unit Known as the "Private Suite", was Built in 2016. This unit is 2 Bedrooms and 1 Bath and has its own Private Entrance and backyard. The Private Suite is currently leased for $2540. Perfect for owner user or Investor. Potential Rental income $9000/Month. Tenants pay for All Utilities. Sky is the limit with this property. Welcome to your Oasis. Prime Location near CSUN, Costco, Porto's Bakery, Northridge Mall, 24-Hour Fitness, Parks, Restaurants, In-N-Out and Much more. U-Shaped, Gated driveway with 2 automated Doors. Make this a Perfect place to call Home. You will LOVE this place.
This 17-unit residence is in a high-demand area conveniently located across from Northridge Middle School and Northridge Early Education Center and within walking distance of CSUN and Northridge Hospital. It is and ideal location for students, professionals, and retirees. There is tremendous potential for the investor who converts the available units to furnished, rentals for travel nurses and traveling professors for triple the rent. This building is for the investor who is happy with a modest, steady income or the more adventurous investor who has a team ready to move in and give this semi-urban "diamond in the rough" the makeover she needs to shine.
Value-Add Investment Opportunity - 16-Unit Multifamily Property in the Heart of NorthridgeRare chance to acquire a 16-unit multifamily property in a prime Northridge location! This well-maintained asset comprises two buildings on separate lots, featuring twelve 1-bedroom, 1-bath units, and four 2-bedroom, 1-bath units. Built in 1986 and is a non RSO building, this property offers immediate upside potential for investors. Recent upgrades include two newer water heaters, copper plumbing throughout, including the mainline, and a roof tune-up. Each unit has been enhanced with low-flow toilets, optimizing water efficiency.The property provides 24 parking spaces, an attractive feature in this high-demand rental area. Additionally, there is potential for an ADU in the rear, creating an opportunity for further value-add and income generation. Located near shopping, dining, and transportation hubs, this property is perfectly positioned for long-term appreciation and stable cash flow.With Northridge seeing strong rental demand and limited opportunities like this, don't miss your chance to own this high-potential multifamily investment! (Buyer to verify possibility of ADU)
It is located in a great area with full potential, excellent light, and mixed with shaded trees. The property has incredible 2+1 units with an upside in rents. The building offers parking for the tenants (no tuck-under) and a good roof with no maintenance, making it perfect for first-time buyers and INVESTORS. The building also qualifies for residential financing, which is ideal for a first-time Buyer. The property is fully occupied, so please do not disturb the tenants!!
1990 Construction offered at a 5.74% cap rate and $274/sf!!! The Granada Apartments, located at 10020 Zelzah Ave, is a gorgeous and immaculately maintained 50-unit apartment complex situated in prime Northridge, just 0.8 miles from the Cal State Northridge University campus. The on-site manager has been operating the property since 1995 and vetted only the best and most qualified tenants in the area. The building offers 110 secured and covered parking for the tenants, a beautiful swimming pool and spa for the hot summer days, and lovely common area tables and chairs for socializing. Ensuring both security and accessibility, the Granada Apartments are surrounded by beautiful landscaping and a welcoming community. DO NOT DISTURB THE TENANTS! Please call or email the listing agents to schedule a property tour. Thank you for your interest in 10020 Zelzah Ave and we look forward to working with you!
Unique Opportunity! One of few Four-unit properties available for sale in Northridge for the prudent investor or owner-user, with good rental upside, consisting of one Duplex and Two ADUs. Located in the heart of Northridge, minutes from CSUN and local shopping centers, and close to the 101, the 405 and the 118 freeways. The existing SFR was fully renovated with new roof, new electrical, new plumbing and new cabinetry. One more unit and Two ADUs were added. All four structures are single level and have separate electric and gas meters, new tank-less water-heaters, laundry hook-ups and central A/C system. The Two ADUs nave new solar panels. The property features a motorized security gate. The potential GOI establishes a Low Cap Rate. Owner would need to pay the water bill. The two ADUs are vacant. The two other units are occupied by owners. Available now. Current Owner/User would like to sign a year rental contract at prevailing market rates for the two occupied units, but can move out if buyer requires it. By appointment with the agent only; please do not disturb current owner/tenants.
HOUSES AND A 2 STORY ADU WITH SEPARATE STREET ADDRESSES, MAIN HOUSE IS 3-BED, 2-BATH 1,407SF, THE DETACHED ADU IS APPROXIMATELY 1,197sf WITH 3-BED, 2.5 BATH, BUILT IN 2023 WITH METICULOUS ATTENTION TO DETAILS, THIS 2 STORY HOME HAS 10' CEILING THROUGHOUT THE HOUSE, THE MASTER BEDROOM HAS LARGE PRIVATE BALCONY,,, LAMINATE FLOORING THROUGHOUT, NEW STAINLESS APPLIANCES IN THE KITCHEN, MARBLE COUNTER TOPS, PLENTY OF CABINET SPACE AND A PANTRY, SPACIOUS LIVING ROOM. BATHROOMS WITH MARBLE COUNTER TOPS, RECESSED LIGHTING THROUGHOUT. LAUNDRY ROOM IN THE ATTACHED GARAGE EQUIPPED WITH WASHER & DRYER. THE MAIN HOUSE IS 3-BED, 2BATH LOCATED ON A 9967SQ FT CORNER LOT. FRONT DOOR ENTRY OPENS TO LARGE LIVING ROOM WITH VAULTED CEILINGS AND A FIREPLACE, FORMAL DINING ROOM. LARGE MASTE BEDROOM WITH VAULTED CEILINGS OWN BATHROOM, SPACIOUS KITCHEN OFFERS TILE COUNTERTOPS AND BACKSPLASH. THE OTHER 2 BEDROOMS ALSO HAVE VAULTED CEILINGS, ONE OF THE BEDROOM ALSO HAVE A SEPARATE ENTRY FROM BACK YARD.., LOCATED CLOSE TO CSUN,
Northridge is located in California.
