Elite Class Realty Inc
Listed by Elite Class Realty Inc
$1,850,000
18315 Malden
Details
APN 2786024045
Property Type Multifamily
Sub Type Apartment Building
Units 8
Cap Rate 3.50%
Buildings 1
Acreage 0.182
Zoning Assessor
Multifamily | 3.50% CAP | 8 Units
Marketing description
Excellent multifamily investment opportunity in Northridge. This well-maintained eight-unit property features a desirable unit mix consisting of two 2BD/2BA units, one 2BD/1BA unit, two 1BD/1BA units, and three studio apartments, appealing to a broad tenant base of students, professionals, and families. Each unit is individually metered for gas and electricity, helping minimize owner expenses. Residents enjoy on-site parking, additional storage, and convenient on-site laundry facilities. Ideally located near Northridge Fashion Center, the property offers convenient access to shopping, dining, entertainment, grocery stores, parks, and everyday services. Nearby California State University, Northridge (CSUN), is in proximity to the Northridge Metrolink Station and the 405, 101, and 118 freeways. Van Nuys Airport is also just a short drive away.
Listing Contacts
Elite Class Realty Inc
Listed by Elite Class Realty Inc
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