18356 Napa Street, Northridge, CA 91325

New Listing

$3,975,000

Property Type: Residential Income Bedrooms: 10 Baths: 8 Square Footage: 4,480 Lot Size (sq. ft.): 7,230 Status: Active

Current Price: $3,975,000 List Date: 10/09/2026 Last Modified: 10/09/2026

Overview

Description

Value-Add 16-Unit Multifamily Investment in Northridge. 18356-18360 Napa Street presents an exceptional opportunity to acquire a well-maintained 16-unit multifamily asset consisting of two buildings on separate lots with approximately 8,960 SF of rentable space on a combined 14,400 SF lot. The property features an attractive unit mix of twelve 1-bedroom/1-bath units and four 2-bedroom/1-bath units, 24 parking spaces, shared laundry, and a reported non-RSO status. Built in 1986, the property has benefited from meaningful capital improvements including copper plumbing throughout and the mainline, two newer water heaters, a roof tune-up, and low-flow toilets. The investment offers immediate and future rental upside, with multiple units positioned for rent increases and one unit currently being remodeled/vacant. There may also be potential for an ADU at the rear, subject to buyer verification. Ideally located near CSUN, shopping, dining, entertainment, and major transportation corridors in ... (Read more)

Listing Details MLS# 226004827

General Property Information

# Bedrooms: 10
Baths - Full: 8
Baths - Total: 8
Approx SqFt: 4480
Lot Acres: 0.17
Lot SqFt: 7230
Year Built: 1986
Common Walls: Yes

Property Features

Land Lease Type: Fee Simple Special Conditions: Standard Terms: Cash; Cash to Existing Loan; Cash to New Loan; Conventional; Submit; Take Property As Is; Other Possession: Close of Escrow Lot Description: 2 - 4 Lots; Automatic Gate; Exterior Security Lights; Fully Fenced View Type: Other View Other Property Features: Balcony Disclosures: Property As Is; Other Building Style: Traditional; Other Construction: Frame & Stucco Levels: Two; Multi Level Entry Location: Other Laundry Equipment: Lease Exterior Construction: Stucco; Other Foundation: Other Flooring: Wood/Wood Like; Other Cooling Type: Central A/C; Wall or Window Units Rooms: Other Laundry Locations: Individual Room; Laundry Area Security Safety: Automatic Gates; Smoke Detector; Other Disability Access: Other Sewer: Public Sewer; Other Water Heater Feature: Water Heater Unit Green Energy Efficient: Water Heater Parking Type: Other Parking Features: Covered Parking; Driveway; Driveway Gate Landlord Pays For: Gardner Tenant Pays: Electricity; Gas Unit 1 Furnished: Unfurnished

Listing Location and Property Info

Entry Date: 2026-10-09
Listing Price: 3975000
Street #: 18356
Street Name: Napa
Suffix: Street
County: Los Angeles
State/Province: CA
Zip Code: 91325
APN/Tax ID: 2786024034
Area: NR - Northridge
Country: US

Listing Info

Total # of Units in Complex: 16

Property Info

View: No
Dwelling Total Floors: 2
Pool: No
Spa: No
Fireplace: No
Elevators: No
Water Heater: Yes

Units Information

Number of Units Leased: 16
# Separate Electric Meters: 16
# Separate Gas Meters: 16
# Separate Water Meters: 2

More Information

HOA 1 Information

HOA: No

PropertyLand Information

Net Operating Income $: 239419.84

Listing Office: Beverly and Company Inc.

Listing Agent: Jason Vollmer
805-405-6006 | Vollmerhomes@gmail.com

Agent Email: Vollmerhomes@gmail.com

Last Updated: October - 09 - 2026

Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.