18551 Prairie St | Northridge, CA 91324
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18551 Prairie St
Northridge, CA 91324
54 Units | Next to CSUN | Assumable Loan · Multifamily Property For Sale
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54 Units
Investment Highlights
- Built in 1965/1968 | Subject to RSO
- Great Assumable Financing:
- Value Add: 21% Upside in Rents
- Property has Never Been Sold
- 4.78% Interest Only, 50% LTV
- 1 Block from CSUN Campus
Property Facts
| No. Units | 54 | Building Size | 43,899 SF |
| Property Type | Multifamily | Average Occupancy | 79% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/1968 |
| Building Class | C | Parking Ratio | 0.64/1,000 SF |
| Lot Size | 1.10 AC | ||
| Zoning | R3 - Residential | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 43,899 SF |
| Average Occupancy | 79% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/1968 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | R3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Window Coverings
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,162 | 500 - 600 |
| 1+1 | 34 | $1,605 | 700 |
| 2+2 | 18 | $2,082 | 933 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,198,894 | |
| Land Assessment | $243,646 | Total Assessment | $1,442,540 |
Property Taxes
Parcel Numbers
Land Assessment
$243,646
Improvements Assessment
$1,198,894
Total Assessment
$1,442,540
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