18330 Napa Street

Northridge, CA 91325

$2,775,000
Last Sold Price
5
Beds
18
Baths
12,518 Sq. Ft.
$222 / Sq. Ft.
12,518
Sq. Ft.
$222
per Sq. Ft.

Description

We are proud to present a 14 unit multifamily at 18330 Napa Street, Northridge, CA. 91325. Subject property has an excellent unit mix. There are Seven ( 1+1 ), Three ( 2+1 ), and Four ( 2+2 ). Total living area square footage is 12,518 Situated on 17,184 square footages of lot. Subject property has swimming pool, Wall AC, and laundry facilities. This is a value-add property, especially with rents being as low as they are. New owner will benefit from up to 70% rent increase. Potential for up-to (2)...We are proud to present a 14 unit multifamily at 18330 Napa Street, Northridge, CA. 91325. Subject property has an excellent unit mix. There are Seven ( 1+1 ), Three ( 2+1 ), and Four ( 2+2 ). Total living area square footage is 12,518 Situated on 17,184 square footages of lot. Subject property has swimming pool, Wall AC, and laundry facilities. This is a value-add property, especially with rents being as low as they are. New owner will benefit from up to 70% rent increase. Potential for up-to (2) 2 Bedroom ADU's in rear of the building above the carport parking. (Buyer to do own Due Diligence).
  1. Listed by Akash Saini • DRE #02010158 • Brokerage DRE #01428774 • Keller Williams Realty-Studio City • 916-704-4184

Property Details for 18330 Napa Street

Parking Spaces Total
0
Private Pool
No
Total Units
14.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
12518
Assessor Parcel Number
2786-024-042
Property Attached YN
true

Location

Listing Courtesy of Keller Williams Realty-Studio City, Akash Saini, DRE #02010158

Sold By Excellence Real Estate, Fabiola Munoz Rodriguez, DRE #02152887

Add your commute
LISTING UPDATED: 03/21/2024 06:09 AM

Property Details for 18330 Napa Street

StatusClosed
MLS #SR23215089
Days on Market57
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1960
Lot Size0.39 AC / 17,190 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty-Studio City, Akash Saini, DRE #02010158

Sold By Excellence Real Estate, Fabiola Munoz Rodriguez, DRE #02152887

Add your commute

Building Information for 18330 Napa Street

Stories2Residences-Year Built1960Building Size-Lot Size0.39 AC / 17,190 SF

Payment Calculator

$16,026 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,144

Property Taxes

$882

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18330 Napa Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $195,203
  • Gross Scheduled Income: $195,203
  • Vacancy Allowance: 3796
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $123,067
  • Gross Multiplier: 15.78
  • Cap Rate: 4.11
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $68,340
  • Fuel Expense: $0
  • Electric Expense: $6,000
  • Insurance Expense: $6,385
  • Professional Management Expense: $0
  • Trash Expense: $3,548
  • Water Sewer Expense: $6,018
  • Total Expenses: $68,340
Tax / Assessment Info
  • Tax Tract Number: 23684
  • Tax Census Tract: 1154.03
  • Tax Lot: 21
Community / Development
Community / Development
  • Community Features: Valley
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: Community
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 7
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,022
  • Unit Type Total Rent: $7,152
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $4,501
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,041
  • Unit Type Total Rent: $4,164
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 1

Property History for 18330 Napa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18330 Napa Street

Taxable ValueLand$156,533Additions$524,418Total$680,951
Tax Record2023$10,585 ($882 / month)
Home Facts
Total Finished SqFt12,518 SqFtAbove Grade Finished SqFt12,518 SqFtLot Size17,184 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningLAR3CountyLOS ANGELESAPN2786-024-042

Schools near 18330 Napa Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cantara Street Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Northridge Academy High
Public9 to 12

Valley Academy Of Arts And Sciences
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Studio City, Akash Saini, DRE #02010158

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.