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19236-19248 Parthenia St
Northridge, CA 91324
Parthenia Twins · Multifamily Property For Sale
·
36 Units
Investment Highlights
- Desirable Rental Location in the City of Northridge
- Excellent Unit Mix Featuring One, Two and Three Bedroom Floor Plans | Generous Average Unit Size of 874 Gross Square Feet
- Steady Multifamily Rent Growth Year-Over-Year in Northridge
- 36 Units on a Large ±31,454 SF Lot in a Tier 1 TOC with Potential to add ADUs
- Value-Add Opportunity | Potential to Almost Double the Income through Interior & Exterior Renovations
- Conveniently Located Near Cal State University Northridge, the Metrolink Northridge Station, the Northridge Fashion Center, and Northridge Hospital
Property Facts
| No. Units | 36 | Building Size | 31,454 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.90 AC | ||
| Zoning | R3, Los Angeles | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 31,454 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,472 | 650 |
| 2+2 | 10 | $1,835 | 935 |
| 3+2 | 8 | $2,262 | 1,301 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,500,750 | |
| Land Assessment | $3,052,390 | Total Assessment | $5,553,140 |
Property Taxes
Parcel Numbers
Land Assessment
$3,052,390
Improvements Assessment
$2,500,750
Total Assessment
$5,553,140
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