Listing Agent: Daniel Ohana      Broker/Office: The Agency
10228 Encino Avenue Northridge CA 91325
$ 1,995,000
  7   |    1   |    4069 Sq Feet

Listing ID

#SR26139365

Status

Active

Property Type

Single Family Residence

Property Style

Modern

County

Los Angeles

Year Built

2019

Days on website

9

Description
A rare opportunity to own a fully permitted four unit property in the heart of Northridge, offering exceptional cash flow, quality construction, and long term upside. Situated on a quiet residential street, this property spans an expansive, flat, approximately 12,289 square foot lot and features four thoughtfully designed units on a single APN. The front residence was completely renovated in 2019 and offers approximately 2,172 square feet with 3 bedrooms, 2 bathrooms, and a large private backyard, making it an ideal owner user residence or premium rental. Tucked behind the front home are three additional units consisting of a spacious 2 bedroom, 2 bathroom residence of approximately 1,156 square feet and two studio units of approximately 370 square feet each, all newly constructed in 2020. The property is further enhanced by owned, fully paid off solar, providing long term energy savings and added value. Additional highlights include a large circular driveway, ample street parking, expansive backyard and common areas, and an on site security camera system. Currently fully occupied, the property has been owned, maintained, and developed by a seasoned builder with an established track record of constructing high quality four unit properties throughout the San Fernando Valley. Conveniently located near highly rated schools, shopping, dining, and everyday amenities, this is a rare investment opportunity in one of Northridge's most desirable residential neighborhoods.
Location
Financial Information
List Price:  $ 1995000
Property Features
Appliances:  Disposal, Microwave, Refrigerator
Community Features:  Valley
Fencing:  Block, Privacy, Vinyl
Flooring:  Laminate
Heating:  Central, Combination
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  One
Lot Features:  Landscaped, Yard
Parking Features:  Driveway
Patio And Porch Features:  Concrete
Property Condition:  Turnkey
Senior Community YN:  false
Structure Type:  House
View:  Valley
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  NR - Northridge
City:  Northridge
Listed By:   Daniel Ohana   The Agency 
CA Lic#