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Beautiful Fully Upgraded near CSUN 9027 Lindley Ave 4 Unit Apartment Building $1,825,000 ($456,250/Unit) 4.60% Cap Rate Northridge, CA 91325
Executive Summary
Beautiful 4 unit property totally redone in 2023. Two of the units are non rent control. Extremely low maintenance, This will not last on the market. Two minute walk to Cal State Northridge. Perfect Owner-occupy opportunity. The property is modern living at its finest with four beautifully renovated units in the heart of Northridge, CA. The highlight is the 3+2 Single Family Residence, a spacious home designed for family living. Enjoy open-concept spaces ideal for creating lasting memories. The two 1+1 units are tastefully designed with a blend of style and functionality, ready for you to add your personal touch. The single unit offers a cozy retreat, perfect for those seeking a space of their own. ***Please contact us for a marketing package***DO NOT DISTURB TENANTS***
Property Facts
| Price | $1,825,000 | Property Subtype | Apartment |
| Price Per Unit | $456,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.60% | Building Size | 2,944 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1954/2023 |
| Zoning | R1 - Residential | ||
| Price | $1,825,000 |
| Price Per Unit | $456,250 |
| Sale Type | Investment |
| Cap Rate | 4.60% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,944 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1954/2023 |
| Zoning | R1 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 2 | - | - |
| 3+2 | 1 | - | - |
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Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2769-011-019 | Improvements Assessment | $612,000 |
| Land Assessment | $933,300 | Total Assessment | $1,545,300 |
Property Taxes
Parcel Number
2769-011-019
Land Assessment
$933,300
Improvements Assessment
$612,000
Total Assessment
$1,545,300
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Beautiful Fully Upgraded near CSUN | 9027 Lindley Ave