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8523 Etiwanda Ave
Northridge, CA 91325
Casa Etiwanda · Multifamily Property For Sale
·
47 Units
Investment Highlights
- Assumable Loan Provides Buyer with Positive Leverage Immediately upon Acquisition
- Walking Distance to California State University Northridge, Northridge Hospital, Shops and Eateries along Reseda Boulevard, Local Schools, and Parks
- ±38,234 SF Building Size on ±1.12-Arce Corner Lot
- Strong Northridge Location
- Excellent Unit Mix of 16 (1+1's) and 31 (2+1's)
- Well Amenities with Controlled Entry, Gated Pool, BBQ Area, Fitness Room, and On-Site Laundry Facility
Property Facts
| No. Units | 47 | Building Size | 38,234 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/1995 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 1.12 AC | ||
| Zoning | R3-1 - Buyer to Verify Zoning & Density | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 38,234 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/1995 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | R3-1 - Buyer to Verify Zoning & Density |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Range
Site Amenities
- Controlled Access
- Fitness Center
- Laundry Facilities
- Pool
- Gated
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,423 | 675 |
| 2+1 | 31 | $1,682 | 885 |
Property Taxes
| Parcel Number | 2786-007-014 | Improvements Assessment | $4,650,000 |
| Land Assessment | $3,800,000 | Total Assessment | $8,450,000 |
Property Taxes
Parcel Number
2786-007-014
Land Assessment
$3,800,000
Improvements Assessment
$4,650,000
Total Assessment
$8,450,000
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