8421 Lindley Avenue Northridge, CA 91325

17 Units
Property Type: Apartment
Status: Active
Year Built: 1965
Days on Website: 56

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

  • Road frontage type: CityStreet
  • Road surface type: Paved
  • FreeStandingRange
  • WaterHeater
  • Built in 1965
  • Building area total: 14,858
  • Levels: Two
  • 2 stories
  • 1 building
  • Architectural style: ,Attached
  • Common walls: TwoCommonWallsOrMore
  • Construction materials: Stucco
  • Suburban
  • WallWindowUnits
  • Accessibility features: None
  • Operating expense: $64,116
  • Lighting
  • RainGutters
  • WroughtIron
  • None
  • Carpet
  • Vinyl
  • Electric
  • Radiant
  • Gross income: $211,748
  • Net operating income: $147,632
  • Balcony
  • LivingRoomDeckAttached
  • Unfurnished
  • PrimarySuite
  • CommonArea
  • ListingID: SR24153299
  • Standard status: Active
  • Country: US
  • 0.3135 acres
  • 13,654 square feet
  • Size: 13,654
  • Paved
  • SprinklerSystem
  • 16 carport spaces
  • 16 totals parking
  • Carport
  • None
  • Zoning: LAR3
  • Courtyard
  • TarGravel
  • ResidentManager
  • SmokeDetectors
  • PublicSewer
  • None
  • Standard