17921 ROSCOE, Northridge, CA 91325

About this property

The subject property is a well located, twelve unit apartment building located in the middle of the solid rental market of Northridge. Built in 1957, the property is subject to rent control. There is an excellent unit mix of four one bedroom/one-bath units and eight two-bedroom/one-bath units. Additionally, the property has all copper plumbing and is not on the list for the LA City Soft Story Seismic Retrofitting Program. Residents of the property enjoy being about one mile from Cal State University, Northridge, two miles from the Northridge MetroLink Station, as well the close proximity to The Northridge Fashion Center. Residents and prospective tenants are also attracted to the easy access to public transportation, employment and education opportunities as well of plenty of shopping, dining, and entertainment nearby. Investors should view this as an excellent opportunity to own a well located building with a great unit mix which has still has upside in the rents as units turn.

Listing description from the September 2017 sale, as reported to CRMLS.

Sale history

$2,150,000

Sold September 2017 · listed $2,250,000, on market May 2017 · MLS #17236128 · Source: CRMLS

Listing Agent: Brett Sanson · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Brett Sanson · Marcus & Millichap

$1,523,700

Sold March 2014 · listed $1,559,000, on market March 2014 · MLS #14741451 · Source: CRMLS

Listing Agent: Andre Melikian · Listing Office: Keller Williams-Santa Monica · Contact: 310-482-2200 · Bought with: Jonathan Prakash · Keller Williams-Santa Monica

Explore Northridge