18416 Halsted Street Northridge, CA 91325

23 Units
Property Type: Other
Status: Active
Year Built: 1980
Days on Website: 90

Property listed by {listing_office_name}, {listing_agent_name} {attribution_contact}

Description

Price Reduced! 10.25X Current GRM and a 6.34% Ca. 1980 Construction (subject to AB-1482), no City of LA rent control. Prime location one block from CSUN. Below market rent rates and implementing RUBS system will greatly increase cashflow. Building has been newly painted and is located in a High Resource Area (SAFMR are Tier 4). Tremendous upside and opportunity on this.

Open House

Property Details and Features

  • Microwave
  • 24 total bathrooms
  • 23 total bedrooms
  • Built in 1980
  • Building area total: 14,053
  • Levels: Two
  • Living area: 14053
  • 2 stories
  • 1 building
  • WallWindowUnits
  • WallFurnace
  • Gross income: $477,839
  • Net operating income: $310,671
  • ListingID: 25490743
  • Standard status: Active
  • 35 days on market
  • Country: US
  • 0.5169 acres
  • 22,517 square feet
  • Size: 22,517
  • 2 totals parking
  • Assigned
  • Gated
  • Zoning: LAR3