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10-Bedroom Residential Income - 18356 Napa Street, Northridge, CA

$3,975,000

18356 Napa Street, Northridge, CA

MLS# 226004827

18356 Napa Street, Northridge, CA 91325 - $3,975,000 · 10 bd 8 ba Multi-Family Home for Sale, photo 1 18356 Napa Street, Northridge, CA 91325 - $3,975,000 · 10 bd 8 ba Multi-Family Home for Sale, photo 2 18356 Napa Street, Northridge, CA 91325 - $3,975,000 · 10 bd 8 ba Multi-Family Home for Sale, photo 3 18356 Napa Street, Northridge, CA 91325 - $3,975,000 · 10 bd 8 ba Multi-Family Home for Sale, photo 4 18356 Napa Street, Northridge, CA 91325 - $3,975,000 · 10 bd 8 ba Multi-Family Home for Sale, photo 5
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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 including the 101 and 405 freeways. Offered at $3,975,000, the property represents approximately a 6.28% current cap rate and 7.50% pro forma cap rate, based on the supplied rent roll and operating expenses. An excellent opportunity to acquire a well-located Northridge multifamily asset with current income, rental upside, and long-term value-add potential.

Property details

Bedrooms
10
Bathrooms
8
Square feet
4,480
Year built
1986
Property type
Residential Income
Lot size
7,230 sqft

Location

18356 Napa Street • Northridge, CA 91325

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Listing Agent

Jason Vollmer

DRE #: 01947472

Brokerage: Beverly and Company Inc.

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CRMLS

MLS# 226004827

Listed: 10/9/2026 8:18 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/15/2026 10:05 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Beverly and Company Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715