$4,190,000 - 8421 Lindley Avenue, Northridge, CA 91325
8421 Lindley Avenue
Northridge,
CA
91325
Property Type:
Apartment
Status:
Active
Year Built:
1965
Days on Website:
26
Property listed by Mills Realty of California, Simon Mills 818-763-4462
Description
This 17-unit residence is in a high-demand area conveniently located across from Northridge Middle School and Northridge Early Education Center and within walking distance of CSUN and Northridge Hospital. It is and ideal location for students, professionals, and retirees. There is tremendous potential for the investor who converts the available units to furnished, rentals for travel nurses and traveling professors for triple the rent. This building is for the investor who is happy with a modest, steady income or the more adventurous investor who has a team ready to move in and give this semi-urban diamond in the rough the makeover she needs to shine.
Open House
Property Details and Features
Property Access
- Road frontage type: CityStreet
- Road surface type: Paved
Appliances & Equipment
- FreeStandingRange
- WaterHeater
Building
- Built in 1965
- Building area total: 14,858
- Levels: Two
- 2 stories
- 1 building
- Architectural style: ,Attached
- Common walls: TwoCommonWallsOrMore
- Construction materials: Stucco
Community
- Suburban
Cooling
- WallWindowUnits
Accessibility Features
- Accessibility features: None
Expenses
- Operating expense: $64,116
Exterior Features
- Lighting
- RainGutters
Fence
- WroughtIron
Fireplaces
- None
Floors
- Carpet
- Vinyl
Heating
- Electric
- Radiant
Income
- Gross income: $211,748
- Net operating income: $147,632
Interior Features
- Balcony
- LivingRoomDeckAttached
- Unfurnished
- PrimarySuite
Laundry
- CommonArea
Listing
- ListingID: SR24153299
- Standard status: Active
Lot
- 0.3135 acres
- 13,654 square feet
- Size: 13,654
- Paved
- SprinklerSystem
Parking
- 16 carport spaces
- 16 totals parking
- Carport
Pool
- None
Property
- Zoning: LAR3
- Courtyard
Roof
- TarGravel
Security Features
- ResidentManager
- SmokeDetectors
Sewer
- PublicSewer
Spa
- None
Utilities
- Standard