17944 Schoenborn St - Apartments FOR SALE


Northridge, CA 91325
$1,250,000 USD
818-381-6601
17944 Schoenborn St, Northridge, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/18
null | 4.9% Cap Rate

17944 Schoenborn St
Northridge, CA 91325


HIGHLIGHTS

  • High Demand Rental Location
  • On-Site Secure Parking
  • Individually Metered For Gas and Electric
  • Tremendous Rental Upside
  • Cal State University Northridge Nearby
  • Nearby Shopping/Transit

OVERVIEW

Nestled in the heart of Northridge, this well-maintained six-unit multifamily property offers a diverse unit mix of four 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one spacious 3-bedroom, 2-bath unit. With a variety of layouts, the property appeals to a broad tenant base, from students and professionals to families seeking a comfortable and well-located residence. This investment opportunity is enhanced by on-site secure carport parking, providing tenants with both convenience and peace of mind. Each unit is individually metered for gas and electricity, ensuring an efficient and cost-effective management structure. Additionally, the property boasts tremendous rental upside, making it a prime candidate for long-term appreciation and increased revenue potential. Strategically located, Cal State University Northridge (CSUN) is just minutes away, ensuring strong rental demand from students, faculty, and staff. The property is also a short distance from Northridge Fashion Center, Northridge Costco, and a variety of shopping, dining, and entertainment options, enhancing its appeal to prospective tenants. Commuters will appreciate the easy access to the I-405 Freeway and proximity to the Northridge Transit Station, providing seamless connectivity to greater Los Angeles. Additionally, Van Nuys Airport is just a short drive away, making this an ideal location for professionals and frequent travelers. With its prime Northridge location, strong tenant demand, and substantial rental upside, 17944 Schoenborn St presents an outstanding investment opportunity. Don’t miss the chance to own this well-positioned multifamily asset—contact us today for more details!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

4.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,279 SF

ZONING

LAR3

APN/PARCEL ID

2787-007-018

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.