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Listed by David Hartunian • JohnHart Real Estate
$ 1,498,000
Est. payment | /mo
3,868 SqFt
$ 1,498,000
Est. payment | /mo
3,868 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,868 sqft
Price per Sqft $387
MLS Listing ID CRGD25059175
HOA Y/N No
Year Built 1963
Lot Size 7,500 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
This well-maintained quadruplex offers four spacious 2-bedroom, 2-bathroom units, each designed for comfortable living with desirable layouts and strong long-term tenant appeal. With significant rental upside, this property presents an excellent opportunity for increased revenue. A key highlight is the potential to add an ADU replacing the carport, maximizing the property's value and creating an additional income stream. ADU permits will be delivered in escrow, allowing for a seamless transition for the next owner. The income can be increased annually with the ADU, further enhancing the property's long-term investment potential. Located in a prime Northridge location, the property benefits from high rental demand, strong area growth, and proximity to major employment centers, universities, shopping, dining, and transportation hubs. This is a fantastic investment for those seeking stable cash flow with significant long-term appreciation potential. A must-consider property for savvy investors looking to capitalize on the thriving Northridge rental market!
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Fireplace No
Building
Water Public
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