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$ 4,740,000
$ 4,900,000 3.3%
Est. payment /mo
Sold on 05/29/2025
18416 Halsted ST Northridge, CA 91325
23 Beds
24 Baths
14,053 SqFt
UPDATED:
Key Details
Sold Price $4,740,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,053 sqft
Price per Sqft $337
MLS Listing ID 25490743
Sold Date 05/29/25
Bedrooms 23
HOA Y/N No
Year Built 1980
Lot Size 0.517 Acres
Property Description
Price Reduced! 10.25X Current GRM and a 6.34% Ca. 1980 Construction (subject to AB-1482), no City of LA rent control. Prime location one block from CSUN. Below market rent rates and implementing RUBS system will greatly increase cashflow. Building has been newly painted and is located in a High Resource Area (SAFMR are Tier 4). Tremendous upside and opportunity on this.
Location
State CA
County Los Angeles
Area Nr - Northridge
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Microwave
Exterior
Parking Features Assigned, Gated
Total Parking Spaces 2
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2764008008
Financing Cash
Special Listing Condition Standard
Listed by Hooman Emanuel • Keller Williams Studio City
Bought with Andrew Moore • The ONE Luxury Properties
Bought with Andrew Moore • The ONE Luxury Properties