Homes for sale - 18350 Napa, Northridge, CA 91325

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$6,800,000

Est. payment - /mo

0.68 Acres Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25246131

HOA Y/N No

Year Built 1964

Lot Size 0.677 Acres

Property Sub-Type Apartment

Property Description

Rare 34-Unit Courtyard Community in Northridge — Pool, Private Courtyard & Exceptional Value-Add Potential

This charming 34-unit apartment community is ideally located in the heart of Northridge, one of the San Fernando Valley's most desirable rental markets. Built around a beautifully landscaped central courtyard with a sparkling pool, the property combines strong curb appeal with meaningful value-add opportunities.

Featuring a well-balanced unit mix of studios, one- and two-bedroom layouts (plus select larger units), the community appeals to a wide tenant base of students, young professionals, and small families—ensuring consistent occupancy and stable cash flow. The central pool and recreation area serve as a vibrant focal point, enhancing resident satisfaction and rental demand.

With solid fundamentals and classic construction, the property is ideally positioned for modernization. Upgrading interiors—kitchens, baths, flooring, lighting, and fixtures—offers a clear path to higher rents and improved asset value. Additional upside can be realized through utility re-billing or RUBS implementation, operational efficiencies, and amenity enhancements such as refreshed outdoor furniture, lighting, and BBQ/lounge zones.

Investor appeal is further strengthened by on-site laundry, storage, and ample surface parking, as well as proximity to CSU Northridge, major employment centers, and retail corridors. Northridge's strong rental demand and limited new supply create a compelling opportunity for both cash flow and appreciation with modest capital investment.

This is a rare opportunity to acquire a well-maintained 34-unit property in a prime Northridge location with significant upside potential through strategic renovations and management improvements.

Location

State CA

County Los Angeles

Area Nr - Northridge

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 23.0

Garage Description 23.0

Pool Community

Community Features Street Lights, Sidewalks, Valley, Pool

Total Parking Spaces 23

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2786024049

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Brad Wiseman Equity Union 818-880-9900

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