Exceptional investment opportunity in the heart of Northridge. Located at 18356–18360 Napa Street, this well-maintained multifamily property consists of 16 total units across two buildings, offering a combined 8,960 square feet of rentable space situated on a 14,400 square foot lot.
Constructed in the mid-1980s, the property features a desirable low-rise, garden-style layout with efficient unit configurations that appeal to a strong and consistent tenant base. Amenities include on-site parking, private balconies in select units, and shared laundry facilities.
Positioned in a high-demand rental market, the property benefits from close proximity to California State University, Northridge, major shopping centers, dining, and convenient access to the 101 and 405 freeways. This location continues to attract students, professionals, and long-term renters alike.
With solid in-place income and upside potential through interior upgrades and rental repositioning, this asset presents an excellent opportunity for both seasoned investors and those seeking to expand their multifamily portfolio in a stable, growth-oriented submarket.
AGENT: Brad Wiseman LISTING BROKERAGE: Equity UnionConstructed in the mid-1980s, the property features a desirable low-rise, garden-style layout with efficient unit configurations that appeal to a strong and consistent tenant base. Amenities include on-site parking, private balconies in select units, and shared laundry facilities.
Positioned in a high-demand rental market, the property benefits from close proximity to California State University, Northridge, major shopping centers, dining, and convenient access to the 101 and 405 freeways. This location continues to attract students, professionals, and long-term renters alike.
With solid in-place income and upside potential through interior upgrades and rental repositioning, this asset presents an excellent opportunity for both seasoned investors and those seeking to expand their multifamily portfolio in a stable, growth-oriented submarket.
Courtesy of Equity Union. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 18356 Napa
Northridge, CA
Property Details
Price:
$4,200,000
MLS #:
SR26084303
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
nrnorthridge
Listed Date:
Apr 24, 2026
Total Sq Ft:
8,960
Lot Size:
14,400 sqft / 0.33 acres (approx)
Year Built:
1986
Nr – NorthridgeNrnorthridgeNone
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Schools
Interior
Heating
FA
Laundry Features
CM, IR
Exterior
Common Walls
_2CW
Community Features
SDW, SL, VLY
Garage Spaces
24
Parking Spots
24
Parking Total
24
Spa Features
NO
View
NO
Financial
Gross Operating Income
$378,500
Maintenance Fee
$12,396
Net Operating Income
$267,618
Map
Community
- Address18356 Napa Northridge CA
- CityNorthridge
- CountyLos Angeles
- Zip Code91325
