A rare opportunity to own a fully permitted four unit property in the heart of Northridge, offering exceptional cash flow, quality construction, and long term upside. Situated on a quiet residential street, this property spans an expansive, flat, approximately 12,289 square foot lot and features four thoughtfully designed units on a single APN. The front residence was completely renovated in 2019 and offers approximately 2,172 square feet with 3 bedrooms, 2 bathrooms, and a large private backyard, making it an ideal owner user residence or premium rental. Tucked behind the front home are three additional units consisting of a spacious 2 bedroom, 2 bathroom residence of approximately 1,156 square feet and two studio units of approximately 370 square feet each, all newly constructed in 2020. The property is further enhanced by owned, fully paid off solar, providing long term energy savings and added value. Additional highlights include a large circular driveway, ample street parking, expansive backyard and common areas, and an on site security camera system. Currently fully occupied, the property has been owned, maintained, and developed by a seasoned builder with an established track record of constructing high quality four unit properties throughout the San Fernando Valley. Conveniently located near highly rated schools, shopping, dining, and everyday amenities, this is a rare investment opportunity in one of Northridge's most desirable residential neighborhoods.
Bedrooms
7
Bathrooms
6
Square Feet
4,069
Lot Size
12,289 sqft
Year Built
2019
Property Type
Single Family Residence
Days on Market
1
HOA Fee
N/A
Garage Total
0
MLS #
SR26139365
Interior Features
Eat In Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, Bedroom On Main Level, Main Level Primary, Primary Suite
Flooring
Laminate
Fireplace
Living Room
Appliances
Six Burner Stove, Electric Oven, Disposal, Microwave, Refrigerator, Range Hood, Tankless Water Heater
Laundry
Inside, Laundry Room
Main Level Bedrooms
7
Main Level Bathrooms
6
Cooling
Central Air, High Efficiency, Wall Window Units
Heating
Combination, Central, Fireplaces
Total Parking Spaces
4
Open Parking Spaces
4
Parking Features
Driveway, On Street
Patio & Porch
Concrete
Fencing
Block, Privacy, Vinyl
Lot Features
Back Yard, Drip Irrigation Bubblers, Front Yard, Landscaped, Rectangular Lot, Yard
Sewer
Public Sewer
Water Source
Public
Valley
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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