A rare opportunity to own a fully permitted four unit property in the heart of Northridge, offering exceptional cash flow, quality construction, and long term upside. Situated on a quiet residential street, this property spans an expansive, flat, approximately 12,289 square foot lot and features four thoughtfully designed units on a single APN. The front residence was completely renovated in 2019 and offers approximately 2,172 square feet with 3 bedrooms, 2 bathrooms, and a large private backyard, making it an ideal owner user residence or premium rental. Tucked behind the front home are three additional units consisting of a spacious 2 bedroom, 2 bathroom residence of approximately 1,156 square feet and two studio units of approximately 370 square feet each, all newly constructed in 2020. The property is further enhanced by owned, fully paid off solar, providing long term energy savings and added value. Additional highlights include a large circular driveway, ample street parking, expansive backyard and common areas, and an on site security camera system. Currently fully occupied, the property has been owned, maintained, and developed by a seasoned builder with an established track record of constructing high quality four unit properties throughout the San Fernando Valley. Conveniently located near highly rated schools, shopping, dining, and everyday amenities, this is a rare investment opportunity in one of Northridge's most desirable residential neighborhoods.
4,069 Sq Ft
0.2821 Private Acres Lot Size
single family home
Built in 2019
MLS/Listing ID SR26139365
1 Stories
4 Units
Concrete
Valley View
Double Pane Windows
Public Sewer
Public Water
Privacy
Block
Living Room Fireplace
Laminate
Heating - Fireplaces
Heating - Combination
Recessed Lighting
Quartz Countertops
Open Floor Plan
Main Level Primary
Eat-in Kitchen
Bedroomon Main Level
Laundry Room
Inside
Lot - Yard
Lot - Rectangular Lot
Lot - Landscaped
Lot - Front Yard
Lot - Drip Irrigation Bubblers
Lot - Backyard
Parking - On Street
Parking - Driveway
Tankless Water Heater
Refrigerator
Range Hood
Microwave
Electric Oven
Disposal
Style - Modern
Community - Valley
Cooling - Wall/window unit(s)
Cooling - Central Air
Vinyl
TOTAL MONTHLY COST
$0
$0
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