Refine Search
Sort by
$1,995,000
SR26139389 MLS Active Under Contract Status
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.

10228 Encino Avenue, Northridge

$2,699,000
SR26136662 MLS Active Status
Unparalleled 5-Unit Income Compound in Prime Northridge! Located minutes from the Northridge Fashion Center and CSUN, this massive 4,433 SF turn-key compound sits on an expansive 11,000 SF lot and delivers an incredible, versatile footprint. The entire property is fully and completely remodeled with modern high-end finishes and features fully paid-off solar panels for maximum energy efficiency and bottom-line savings. The estate features five distinct units on one lot: Main House: A spacious, upgraded 4-bedroom, 2-bathroom layout perfect for an owner-user or premium rental. Units 2 & 3: Two newly built, freestanding 3-bedroom, 2-bathroom units offering pristine modern living. Unit 4: A fully updated 2-bedroom, 1-bathroom floor plan. Unit 5: A private 1-bedroom, 1-bathroom Junior ADU. Whether you are looking for a high-cap-rate cash-flowing portfolio piece, a generational family estate, or a brilliant house-hack to live in one and let the other four pay your mortgage—this rare multi-unit asset is a crown jewel of the San Fernando Valley! 19243, 19241, 19241 1/2, 19245, 19239 Knapp St

19243 Knapp St, Northridge

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.