18018 Schoenborn Street Northridge, CA 91325

6 Units
Property Type: Apartment
Status: Active
Year Built: 1958
Days on Website: 4

Property listed by Re/Max Masters Realty, Alex Zhao 626-217-8885

Description

Beautiful 6-unit apartment building, 4 two-bedroom units, 2 1-bedroom units, 6-car garage, 1 parking space for each unit. The exterior was just freshly painted. Remodeled kitchens, 5 units were upgraded with granite counter tops,1 with Formica. 3 units installed Pergo laminate floor, 3 units with wood floor. Some units with newer appliances and water heaters. All the 6 units with long term tenants, the rents are far below the market rents, big upside potentials. The large lot has space for ADUs. Great location, next to Northridge Middle School, close to medical center, and Cal State Northridge. Easy access to freeways 101, 405 and 118. Peaceful and safe neighborhood.

Open House

Property Details and Features

  • Built in 1958
  • Building area total: 4,800
  • Levels: Two
  • 2 stories
  • 1 building
  • Common walls: NoCommonWalls
  • Construction materials: Frame
  • Sidewalks
  • SeeRemarks
  • Gardener expense: $1,500
  • Insurance expense: $6,800
  • New taxes expense: $10,680
  • Operating expense: $35,630
  • Trash expense: $3,840
  • Water sewer expense: $12,000
  • 6 spaces
  • WallFurnace
  • Gross income: $107,580
  • Net operating income: $71,950
  • SeeRemarks
  • ListingID: TR25071309
  • Standard status: Active
  • Country: US
  • 0.1681 acres
  • 7,322 square feet
  • Size: 7,322
  • FrontYard
  • Garden
  • 6 totals parking
  • Carport
  • None
  • Zoning: LAR3
  • Composition
  • Shingle
  • PublicSewer
  • Electricity
  • Gas