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Northridge House 18350 Napa St 34 Unit Apartment Building $8,543,031 CAD ($251,266 CAD/Unit) 6% Cap Rate Northridge, CA 91325
INVESTMENT HIGHLIGHTS
- Excellent Northridge Location
- Good Unit Mix
- Great Upside Potential
EXECUTIVE SUMMARY
Price reduction! This 34 Unit Multi-Family building is on the market for the first time in many years. Retrofitted and ready to go. Great upside potential and a great investment opportunity.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Cable Ready
- Storage Space
- Heating
- Oven
- Range
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | $12,476 CAD | 500 |
| 1+1 | 13 | $19,449 CAD | 650 |
| 2+1 | 7 | $17,013 CAD | 800 |
| 2+2 | 2 | $20,325 CAD | 850 |
| 3+2 | 2 | $41,738 CAD | 925 |
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Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 2786-024-049 | Total Assessment | $3,953,931 CAD |
| Land Assessment | $1,559,289 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $2,394,641 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
2786-024-049
Land Assessment
$1,559,289 CAD
Improvements Assessment
$2,394,641 CAD
Total Assessment
$3,953,931 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Northridge House | 18350 Napa St
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