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    18321 Malden Street

    Northridge, CA 91325
    • $3,850,000
    • STATUS: Active Under Contract
    • ON SITE: 43 days
    • ID#: SR21089981
    Under Contract
    UPDATED: 52 min ago
    $3,850,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,635
      SQFT
    • $282
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    A prime dual parcel real estate opportunity in the coveted city of Northridge. 18321-18325 Malden St is a stabilized apartment complex comprised of 16 individual units that are all separately metered, attached carports accessible through a communal driveway, and an onsite communal laundry room with water heater accessibility plus an extra boost to the property income. The retrofit was completed in 2019 and a new roof was installed in 2016 to make this asset stable for many years to come. Loyal tenants enjoy the close proximity to plenty of local business, shops, and restaurants plus close distance to CSUN, Northridge hospital and Northridge Middle School. Its a high demand location property with a strong cashflow!

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    Based on information from CRISNet MLS as of 2021-06-18T12:55:58.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

    Based on information from the i-Tech MLS as of 2021-06-18T12:55:58.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/116797630
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    18321 Malden Street Northridge, CA 91325

    • Price: $3,850,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • ID#: SR21089981
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    13,635
    SQFT
    $282
    $/SQFT
    1959
    Built
    Neighborhood:
    Nr - Northridge
    County:
    Los Angeles
    Area:
    Nr - Northridge
    Property Description
    A prime dual parcel real estate opportunity in the coveted city of Northridge. 18321-18325 Malden St is a stabilized apartment complex comprised of 16 individual units that are all separately metered, attached carports accessible through a communal driveway, and an onsite communal laundry room with water heater accessibility plus an extra boost to the property income. The retrofit was completed in 2019 and a new roof was installed in 2016 to make this asset stable for many years to come. Loyal tenants enjoy the close proximity to plenty of local business, shops, and restaurants plus close distance to CSUN, Northridge hospital and Northridge Middle School. Its a high demand location property with a strong cashflow!
    Exterior Features

    Carport Spaces 14.00 Levels Two Lot Features Rectangular Lot Lot Size Area 11413.0000 Parking Features Carport Parking Total 14.00 Parking YN Yes

    Interior Features

    Common Walls 2+ Common Walls Laundry Features Community Laundry YN Yes

    Property Features

    Additional Parcels YN No Community Features Sidewalks Electric Expense 849.00 Fuel Expense 1246.00 Gross Income 238839.00 Gross Scheduled Income 238839.00 Insurance Expense 4654.00 Land Lease YN No Net Operating Income 102374.00 New Construction YN No New Taxes Expense 24904.00 Number Of Separate Electric Meters 16 Number Of Separate Gas Meters 16 Number Of Separate Water Meters 16 Operating Expense 136464.00 Pool Features None Pool Private YN No Professional Management Expense 13517.00 Property Attached YN Yes Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 136464.00 Trash Expense 1885.00 Water Sewer Expense 3164.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Blas Fernandez, CA DRE# , of Johnhart Real Estate.


    Based on information from CRISNet MLS as of 2021-06-18T12:55:58.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

    Based on information from the i-Tech MLS as of 2021-06-18T12:55:58.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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