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Listed by: Filip Niculete (818) 212-2763 DRE #01905352, Glen Scher DRE #01962976 | Marcus & Millichap (818) 212-2700
$6,100,000
36 Beds
- 39 Baths
22,232sqft
18540 Prairie St, Northridge, CA 91324
$6,100,000
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Multi Family
Built in 1965
$-- HOA
24,041 sqft lot
$274/sq.ft
Description
We are pleased to present Northridge Manor, a rare 28-unit value-add opportunity located at 18540 Prairie Street in the heart of Northridge, just blocks from California State University, Northridge (CSUN). Built in the 1960s by the seller's grandfather and never before sold, the property has been passed down through multiplegenerations, offering investors a chance to acquire a legacy asset with deep ownership history. One of the most compelling aspects of this opportunity is the assumable Chase Bank loan with an outstanding balance of $3,750,000, fixed at a 4.83% interest rate through December 2029, and interest-only payments through December 2027. This attractive in-plac...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1965
HOA Fees
-
Finished Area
22,232 sqft
Lot Size
24,041 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25589867
MLS Status
Pending
Days on Market
105
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